New Acquisitions Expected to generate $ 35 million in sales in 2022; Very symbiotic with the existing MamaMancini distribution network $ 14 Mmillions Acquisition Funded in cash at hand aD Long term To note with M&T Bank EAST RUTHERFORD, NJ, December 23, 2021 (GLOBE NEWSWIRE) – MamaMancini’s Holdings, Inc. (NASDAQ: MMMB), a distributor of pre-prepared, […]
Mamamancini’s Holdings Inc (NASDAQ: MMMB) signed definitive agreements for two acquisitions, T&L Creative Salads Inc and Olive Branch LLC, leading New York-based gourmet food manufacturers, for a combined purchase price of $ 14 million. The purchase price includes $ 11 million in cash at closing and $ 3 million in a four-year note to T&L […]
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Mario Wang introduces himself to potential employers. Video / Judith Lacy Mario Wang loves to tinker in the kitchen and he hopes that this passion will allow him to find the job of his dreams. The 26-year-old is looking for a job in food innovation or product development. He works as a laboratory assistant at […]
Warehouse in Gurugram, Haryana, India; September 29, 2019 (Credit: PradeepGaurs / Shutterstock.com) Supply chain and logistics research and innovation in the food manufacturing sector is on the rise. The most recent figures show that the number of patent applications focused on supply chain and logistics in the industry stood at 11 in the three months […]
In an interaction with industry leaders in all sectors ahead of the budget, Prime Minister Narendra Modi urged key leaders to take full advantage of the government’s Production Incentive (PLI) program and invest more in the agriculture and food processing sectors. Industry leaders, for their part, suggested contributions and suggestions ahead of the budget. Emphasizing […]
Consumers are concerned about the safety of food packaging materials. According to Eurobarometer data, 86% of consumers are either worried or very worried about chemicals used in food packaging, with four in five voicing concerns about chemicals in everyday products. The European Consumers Organization (BEUC) challenges current EU food packaging legislation. Intended to “protect” the […]
The cost of basic commodities including utilities continues to skyrocket, food inflation skyrockets, squeezing margins and affecting all areas of finance and operations and the situation is expected to continue until 2022 . As a result, food and beverage manufacturers are under great pressure to save money. The focus on reducing the impact of the […]
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What is cultured meat? Cultured meat, also known as synthetic, artificial, or in vitro meat, is created by harvesting animal cells which are then placed in a bioreactor and fed with nutrients to promote tissue growth. The driving force behind this rapidly expanding field of food technology is that the production of cultured meat requires […]
A reception was held at CFTRI in Mysuru on Thursday to distribute the Kerry scholarship to students achieving the highest marks in her MSc (Food Technology) entrance exams for the 2021-23 class. A statement from CFTRI said the scholarships were awarded by Riya Saini, Krishna Kumar Upadhyay and Valcea Pearl D’Cunha. The Merit Scholarships were […]
ARLINGTON HEIGHTS, IL – In 2021, the United States Congress passed the Food Allergy Safety, Treatment, Education, & Research Act which, among other things, added sesame to the list of allergens required to be included on food labels. by 2023. A new study in Annals of Allergy, Asthma and Immunology, the scientific journal of the […]