Molson Coors ending production of Coors Seltzer to focus on more popular brands

US – US multinational beverage company, Molson Coors, is ending production of Coors Seltzer to focus on more popular hard seltzers in its portfolio such as Topo Chico Hard Seltzer and nutrient-infused Vizzy.  According to a report by Brewbound, the maker of Coors beer brands wrote to its wholesalers asking them to sell through the remaining inventory they have in stock.  The discontinuation of Coors beer brand comes at a time when Molson Coors is aggressively pursuing a beyond-the-beer aisle strategy.   The company has since entered other beverage categories like spirits, and energy, and plant-based drinks and is targeting…

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Truvant opens new packaging facility in US as Encirc embarks on decarbonization of glass manufacturing

US –  Global provider of packaging and display solutions, Truvant has opened a new facility in Indiana, US to support customers from industries including food with secondary and promotional packaging services.  The new complex features capabilities for kitting, fulfillment, assembly, bundling, shrink wrapping, liquid blending, pouching, blister packaging, e-commerce fulfillment, and more.  The facility will support customers with manual, automated, and semi-automated processes, allowing for a wide range of scalable contract packaging, contract manufacturing, and supply chain solutions.  Truvant says that Indianapolis provides a central location from which it can service 75% of the North American market…

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US Food Industry targeted in new law against anti-competitive practices

US — The Biden administration has enacted a new executive order aimed at cracking down on anti-competitive practices in major sector sectors of the economy including agriculture, healthcare, and technology.   According to the US White House, in more than 75% of US industries, “a smaller number of large companies control more of the business” than was the case 20 years ago.  This according to the Biden Administration has resulted in consolidation of markets particularly in healthcare, technology, finance, and agriculture with little to no competition among the existing players.  The result was higher prices for consumers and…

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