McCormick & Co. downsizing workforce

Investing in automation and using fewer copackers seen as improving operational efficiencies.

Having difficulty viewing this message? View it in a browser. forward subscribe February 3, 2023 THE MOST READ STORIES OF THE WEEK 1 McCormick & Co. reducing head count 2 What consumers want in 2023 3 Report: Impossible Foods cutting staff by 20% 4 Slideshow: New menu items from Arby’s, Charleys and Fuzzy’s Taco Shop 5 Foodservice flavors fueling retail innovation VENTURE CAPITAL What’s next for cultivated meat? Scalability, cost reduction in focus at Tuft University’s Cellular Ag Innovation Day. Plant-based seafood startup reels in $5 million The ISH Co. is building a platform beyond its debut offering, Shrimpish. Lubetzky’s Camino Partners seeks to incubate and invest Platform driven by values of ‘integrity, ingenuity and entrepreneurial spirit.’ Plant-based bacon brand launches crowdfunding round Hooray Foods approaching profitability, growing distribution. ICL partners with startup developing protein from CO2 Arkeon marks the third investment from ICL Planet Startup Hub. ADM Ventures investing in the future of food Venture capital fund sees opportunities in alternative proteins, health and wellness, sustainability and more. Good Karma Foods names new leader amid capital raise Alt-dairy maker deepens partnership with Valor Siren Ventures. Private equity firm acquires Red’s All Natural Frozen burrito maker gets a new owner. Plant-based lamb maker closes $12.3 million Series A round Oatly backer Unovis leads investment in Black Sheep Foods. Poppi cracks into new funding Prebiotic soda brand lands $25 million, deepens partnership with CAVU Consumer Partners. Webinars - Active Jan 24 2023 Taste the future – Flavors to watch in 2023 Subscribe to Food Business News and get print or digital access today! Free Magazine Subscription To ensure delivery to your inbox, add foodbusinessnews@sosland-email.com to your address book or safe sender list. This is an unmonitored email address and replies will not be responded to. If you have questions or comments, please email us at subscriptions@sosland.com. Update your account     Forward     Subscribe     Unsubscribe THE MOST TRUSTED RESOURCE FOR FOOD INDUSTRY PROFESSIONALS ©2023 Sosland Publishing® 4801 Main Street, Suite 650, Kansas City, MO 64112 Privacy Policy