TreeHouse Foods announces plans to close facility in Visalia, California

US - TreeHouse Foods, Inc., a manufacturer of packaged foods and beverages, has announced the intention to close its facility in Visalia, California by the end of the first quarter of 2019. The plant, which primarily produces pretzels and cereal snack mixes for the Baked Goods segment, will have its pretzel facility moved to other…

Coca-Cola Company nominates individuals to Board seats

USA - The Board of Directors of The Coca-Cola Company have announced that business leaders Christopher Davis and Caroline Tsay have been nominated to stand for election to the board at the Company’s Annual Meeting of Shareowners in April. According to the company, Davis brings a background in investment management, while Tsay has experience in…

Twinings secures funding in partnership with UNICEF to improve lives of tea workers

INDIA - Twinings, the UK based tea brand has announced that it has secured a five years funding in a partnership with UNICEF, a United Nation’s programme that provides humanitarian and developmental assistance to children and mothers in developing countries. The funding will be used to improve the living standards of tea workers, especially women…

Uganda farmers paid in Bidco project dispute

UGANDA – 36 farmers whose land was acquired for a controversial Bidco palm oil project in Uganda have been compensated, a payoff which follows mediation by the dispute resolution office of the World Bank’s International Finance Corporation (IFC). A Ugandan environmental lobby had last year filed the case at the IFC’s ombudsman on behalf of…

Taste Holdings CEO Carlo Gonzaga resigns

SOUTH AFRICA  - Taste Holdings CEO Carlo Gonzaga has resigned, 10 days after the restaurant group unveiled new board members in a bid to breathe life into the cash-strapped company. The beleaguered retailer said that although Gonzaga’s resignation was effective from Monday he would remain employed for the next six months to support new interim…

Coca-Cola lays off an undisclosed number of employees in Phillipnes

PHILIPPINES - Coca-Cola Femsa has revealed it will lay off an undisclosed number of employees in the Philippines as a result of “recent developments within the beverage industry”. The announcement comes just weeks after the Philippines introduced a higher tax on sugar-sweetened beverages. Under the new rules, which came into force on 1 January, drinks…