Tanmiah Food Co. and Tyson Foods Inc., Springdale, Ark., have partnered to invest in expanding the poultry capacity of Supreme Foods Processing Co. (SFPC), a subsidiary of Tanmiah, to facilitate the company to increase its capacity of chicken production by 100,000 tonnes per year and its daily processing capacity to over 1 million birds as part of a deal that was signed in July 2022.
Following a review of the company’s credit ratings, Grupo Bimbo SAB de CV’s senior unsecured ratings were reaffirmed by Moody’s Investors Services at Baa2.
Novolex, a leader in packaging choice, innovation and sustainability, has announced that it is investing $10 million to expand capacity to recycle plastic bags and other polyethylene film at its recycling facility in North Vernon, Indiana.
As part of the American Rescue Plan, the US Department of Agriculture (USDA) is investing an additional $14 million to help strengthen the US supply chain.