As part of the expansion plans, Canada Goose will invest in new production technologies and infrastructure to establish a state-of-the-art manufacturing facility.
The Innovation Institute for Food and Health was announced in September 2014 supported by a pledge of $40 million from Mars and $20 million from UC Davis over 10 years.
Keurig Green Mountain and Dr Pepper Snapple Group announced that the two will develop a selection of Dr Pepper Snapple Group's iconic brands for the forthcoming Keurig Cold at-home beverage system.
Yogurt maker Chobani announced it will name a new chief executive to replace its founder and may appoint its acting president, a turnaround expert from private equity firm TPG.