In anticipation of the previously-announced mergers with its two largest bottlers, PepsiCo announces plans to form a new entity comprising the bottling businesses.
Cereal Partners Worldwide, a joint venture between Nestle S.A. and General Mills Inc., announce the creation of a new Innovation Center in Orbe, Switzerland.
The decision is part of Hanesbrands' efforts to restructure its supply chain to create more efficient production clusters that utilize fewer, larger facilities.