“Despite that positive shift to at-home eating, the bread category as measured in tracked channels has been pressured as consumers gravitate more to the store perimeter,” said A. Ryals McMullian, chairman and CEO.
The company said it aims to enroll 1 million acres by the end of 2025 and 2.5 million acres by the end of 2050, with the latter representing close to 50% of its wheat usage.
Eric Hill, regional vice president and general manager at Graphic Packaging International, will become chief executive officer of Kwik Lok Corp., effective Nov. 25.