Finance & Capital Management

This facility will play a key role in developing the talent to lead Unilever, as it aims to double the size of the business, while halving its environmental impact and increasing its positive social impact.

The $53 million investment is going to focus on frozen and chilled foods research, and will serve Nestle's businesses worldwide.

The new VP and CIO replaces Barry Libenson who left the company earlier this month.

The acquisition is expected to round out TreeHouse Foods' assortment of private label pourable and spoonable dressings.

Hostess says the cakes will taste the same but that the boxes will now bear the tag line "The Sweetest Comeback In The History Of Ever."

A whopping 52 percent of U.S. consumers are buying directly online from brands they trust, proving that CPG companies now have far greater opportunities to walk alongside shoppers. Experts from Hershey, GMA and PwC weigh in on how digital channels, mobile adoption and D2C are rewriting the rules of retailing and CPG manufacturing.

The company plans to acquire a market leader in the assortment segment of the sweet biscuits category in China and Hong Kong, where growth in sweet biscuits is outpacing the growth of the $60 billion global sweet biscuits market.

The plant expansion is consistent with the company's ongoing investments in emerging markets to drive sustainable and profitable growth.