Major capital investment helps expand production capabilities and scale key U.S. brands, including International Delight creamers, Silk plant-based creamers and StoK ready-to-drink coffee BROOMFIELD, Colo. and WHITE PLAINS, N.Y., Feb. 22, 2023 /PRNewswire/ — Danone North America, a leading food and beverage company, today announced it will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida. The investment will support Danone North America’s long-term growth strategy and will deliver key benefits across the U.S. business, including advancing operational excellence, enabling flexibility in bottle design, accelerating the company’s sustainability goals, and driving cost efficiencies. "We are delighted to announce this investment in our North American business, which will allow us to capitalize on consumer demand in key beverage categories including coffee creamers, plant-based creamers, and ready-to-drink coffee, while also supporting our long-term growth agenda," said Shane Grant, Group Deputy CEO, CEO Americas. "This investment will help us keep our products on our customers’ shelves and give more American consumers the Danone products they love." This multi-million-dollar investment will increase production of several of Danone’s coffee and creamer brands in the U.S., including International Delight , Silk and SToK. It […]

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BEND, Ore., Feb. 21, 2023 /PRNewswire/ — Bend Bioscience is proud to announce the opening of their R&D and Innovation lab in Bend, Oregon. Including 4500 square feet of lab and office space and a work environment for around 20 colleagues, this facility is part of a larger planned footprint that includes process science and clinical manufacturing facilities planned to open later this year. Continue Reading The Bend Bioscience team has recently doubled in size and is made up of accomplished leaders, scientists and technicians. The team plans to add more colleagues in 2023 and beyond. With over 200 years of combined experience and an average tenure of 15 years in the pharmaceutical and drug delivery industry, this team is well equipped to help their clients find new ways to formulate & develop the next generation of therapeutics. There continues to be an unmet demand for solving tough drug delivery and bioavailability challenges. Tweet this "There continues to be an unmet demand for solving tough drug delivery and bioavailability challenges, with targets and therapies becoming more and more customized, " says Michael Grass, Bend Bioscience’s Head of Drug Delivery Innovation. " With this lab and team , we have […]

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Source: Kraft Heinz Co. BOCA RATON, FLA. — Kraft Heinz Co. executives see innovation as its chief growth driver in North America and are targeting $2 billion in incremental sales by 2027. To achieve that growth the company will focus on three trends — exploration and authenticity; quick with quality; and holistic wellness. “US retail is the core of our business,” said Miguel Patricio, chairman and chief executive officer, during a Feb. 21 presentation at the Consumer Analyst Group of New York conference taking place in Boca Raton Feb. 21 – 24. “Growth platforms within US retail represent about 35% of our revenue and is a place we absolutely must win.” Carlos A. Abrams-Rivera, president of North America, said the company finds itself at an “inflection point” after spending the past few years renovating Kraft Heinz’s entire product portfolio. Now management is focused on solving consumer “pain points” with innovation. “We follow a brand design to value approach with a focus on the consumer first,” he said. “We eliminate product attributes that don’t matter to them, and we add attributes that are important to them. We then connect with consumers with better quality, better presentation and better marketing.” Each […]

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Business for Good: Trashmitter A former Philadelphia firefighter has created an app that’s Uber for trash disposal to help landlords and small businesses keep the city clean. Now he’s ready to grow it big When Jason Centeno first got into the hospitality business after 23 years as a Philadelphia firefighter , he anticipated headaches — but not stemming from waste management. As the manager of 25 Airbnb units in the city, however, he quickly stumbled into trash problems . He often found his properties generating lots of garbage bags at inconvenient times. Without a dumpster or backyard to store them in until trash day, those bags were pest -attracting, litter -generating eyesores. At first, he would pay locals to haul trash away from his units as needed, but this piecemeal approach proved unreliable. Centeno realized he was going to need a more systematic solution. And then he realized that he must not be the only Philadelphia business owner or resident struggling with these same issues. He started brainstorming, sought out some expert advice, and before long had come up with an idea for an app: “think Uber but for trash disposal.” The Uber metaphor, while useful, doesn’t quite capture […]

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Pricing strategy is a critical aspect of any business, as it directly impacts customer perception, revenue and profitability. However, with so many different pricing models to choose from, it can be challenging for business owners to determine which approach is ideal for their company. From tiered and introductory pricing to subscription models and more, there’s a lot to consider when it comes to understanding the pros and cons of different pricing strategies. A panel of Forbes Business Council members offer their best advice to help business owners make an informed decision on which pricing strategy is best for their product or service. Members pictured from left to right. Photos courtesy of the individual members. 1. Focus On Experiences I would actually argue now that experiences more than pricing will determine how a product is differentiated in the market. It’s easy to rely on the price or superiority of a product, but many buyers are deciding based on their experience with your brand—whether direct experience as an existing account or indirect through peer reviews or independent research. Giving and receiving value is punctuating almost every buying decision, and experiences are how that value is measured. – Eric Miquelon , Avanade […]

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New series provides practical insights directly from experienced home service entrepreneurs and industry influencers TORONTO, Feb. 22, 2023 /PRNewswire/ – Jobber , the leading provider of operations management software for home service businesses, announced the availability of three new YouTube Series: "Ask a Business Mentor," "Shop Talk," and "Jobber Academy" video series with episodes already available to stream on Jobber’s YouTube channel . Each series will continue to release episodes on a bi-weekly basis during their seasons, which will consist of 8-12 episodes. Jobber’s YouTube videos have already received 65,000 views since the initial episodes were released in December 2022, demonstrating the significant demand and ongoing need for educational content in the home services industry. The new YouTube series joins a long list of free, value-first content created by Jobber that demonstrate the company’s commitment to the home service category and the professionals within it. Resources provided by Jobber include, but are not limited to: Jobber Grants , a program that recognizes home service pros who demonstrate excellence in their industries; Jobber Summit , an online event where service pros can get the expert advice they need to take their business to the next level of success; Jobber Academy […]

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Josh Jackson (SAIC) Science Applications International Corp. (SAIC) has announced the appointment of Josh Jackson as senior vice president of the company’s Army Business Unit, responsible for leading strategy, business development and program excellence across the company’s portfolio of solutions and services delivered to a wide range of U.S. Army customers. “Josh’s passion for solving complex mission challenges for our customers, while leveraging emerging technologies in smart and unique ways, will continue to serve SAIC and our customers well,” said Bob Genter, president, Defense and Civilian Sector at SAIC.“I am confident Josh will increase the positive momentum we have seen across our Army portfolio, aligned with our strategy to grow our systems integration efforts and drive operational excellence in our IT modernization portfolio.” Since joining SAIC in 2002, Jackson has held positions of increasing responsibility while delivering a track record of growth and driving innovation for defense customers. He joined SAIC as a program manager, followed by division manager, chief engineer and operations manager before being promoted to business unit leadership within the company, where he led the Naval portfolio for the last three years. In his new role, Jackson reports to Genter. Jackson is a founding member of […]

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John Clemons consults for Rockwell Automation and Maverick Technologies , a leading platform-independent automation solutions provider. getty Smart manufacturing brings together cutting-edge information technologies and puts them to work on the shop floor. Technologies like the industrial internet of things (IIoT), artificial intelligence (AI), virtual reality (VR), augmented reality (AR), cloud computing, wireless technologies, big data and advanced analytics are all having a significant impact on manufacturing. But these technologies are just tools. What really matters is what’s being done with these tools, what impact these tools are having on the manufacturing business. In this series of articles, we’ll look at specific manufacturing business goals and the impact that smart manufacturing is having. Smart manufacturing helps accelerate business growth by increasing revenues, reducing costs and creating new and innovative ways of doing business to stay ahead of the competition. Let’s look at how smart manufacturing accelerates business growth by focusing first on products, people and assets. Speed To Market Smart manufacturing helps companies develop and introduce new products faster and easier to accelerate business growth. These could be entirely new products, or a variety of product enhancements, extensions, variations or even customizations. Smart manufacturing helps companies design and develop […]

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On Valentine’s Day in 2015, two of China’s biggest ride-hailing start-ups , one backed by the tech giant Alibaba and the other by Tencent, announced they would merge after burning through hundreds of millions of dollars in a price war. Brokering the deal, while managing the egos of combative founders and investors was Bao Fan, the rainmaker of China’s tech industry. His company, the investment bank China Renaissance, went on to advise and invest in many of China’s most successful tech companies, taking them public in Hong Kong and New York. “If you don’t know Bao Fan,” goes a saying in the industry, “you haven’t made it.” Eight years later, on Valentine’s Day last week, rumors started circulating that Mr. Bao had gone missing. His company later confirmed his disappearance in a regulatory filing. Chinese media reported that he had been summoned by the authorities to assist in an investigation of a former senior executive of his company who used to work at a state-owned financial institution. China’s tech world is watching closely what will happen to Mr. Bao, who knows or has worked with nearly every mover and shaker in the industry. He is not as well known […]

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getty With 2023 well underway, an uncertain economic landscape is prompting business leaders to carefully assess their budgets and reduce spend wherever possible. However, many businesses today lack sufficient visibility into vendor costs, which can lead to uncontrolled spending and a host of new risks. After all, you can’t control the spend you can’t see. Spend visibility begins and ends with procurement, a function that has remained largely unchanged for nearly a decade. With renewed business mandates to reduce costs, mitigate risk and increase efficiency, outdated procurement processes won’t meet requirements. So, what’s a business leader to do? Start by evaluating current processes, identifying inefficiencies and potential blind spots, then implement the right procedures to achieve a modern, scalable procurement process. The Business Impact Of Inefficient Procurement Processes any procurement teams today are limited by a multitude of factors, from team bandwidth to legacy approval workflows and outdated communication methods. These, in turn, are slowing down the procurement process and, in some cases, encouraging employees to make purchases that are outside of the bounds of procurement altogether. My company’s recent survey of finance and accounting professionals found that a majority of businesses still rely heavily on outdated forms of […]

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