As a result of the acquisition, Lorillard is a wholly owned subsidiary of RAI, and former Lorillard shareholders will own approximately 15 percent of RAI's common stock.
Under Campbells new enterprise structure, the division will focus on building the companys scale and accelerating growth in rapidly expanding packaged fresh categories across the retail perimeter.
Samuel Adams Brewing the American Dream, a micro-lending and coaching program for small business owners working in food, beverage and craft brewing, announces it will host its regional Pitch Room competition and small business Speed Coaching event in San Diego.
The new COO will be directly accountable for key elements of the supply side of the business including R&D, Manufacturing, Logistics, IT, Operations, and Service.
Nestl is strengthening its ice cream business in China with aRMB100 million (more thanCHF 15 million) investment in its factories in Tianjin and Guangzhou.
GoGo squeeZ, abrand of squeezable applesauce in a pouch, announces the grand opening of its new, state-of-the-art manufacturing facility in Nampa, Idaho. The company made an $85MM investment in the new facility.
