Mondelez International's supply-chain reinvention plan is expected to deliver $3 billion in gross productivity savings, $1.5 billion in net savings and $1 billion in incremental cash during 2014 to 2016.
Refreshing the iconic logotype and setting new distinctive standards for imagery and colors, the design is created to have more stopping power and stand out from the crowd wherever consumers meet Electrolux.
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.
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.