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.