Berkeley, CA—Maker of organic macaroni and cheese and other organic comfort foods, Annie’s, Inc., based here, has had a successful initial public offering on the New York Stock Exchange. Stock prices climbed 89% on its first day of trading to nearly $40/share, raising $95 million for the company. The 22...
The Natural Products Association of Washington, D.C., (NPA) has approved its 800th certification of products and ingredients under the popular Natural Seal program. A.C. Grace Company received the 2011 Corporate Vision Award from the American College for Advancement in Medicine. In other news, the company relaunched a more user-friendly...
In March, David Mintz, CEO, chairman and founder of Tofutti Brands of Cranford, NJ, appeared on CNBC’s “Power Lunch” segment. Power Lunch features companies, people and trends that are market drivers and economy shapers. Specifically, this segment looked at hot start-up companies. The video is available at http://video.cnbc.com/gallery/?video=3000080728. Chehalis,...
Washington, D.C.—A recent study commissioned by the Council for Responsible Nutrition (CRN) found that dietary supplement use for adults ages 18 and over is on the rise. Compared to 66% of adults in the U.S. in 2010, supplement usage is now at 69%. The most popular categories for supplements included:...
The 2012 Natural Products Expo West tradeshow was the largest in its 30-year history. Some 60,000 industry members attended the event, which ran March 8–11 at the Anaheim Convention Center. Show organizers said attendance of retail buyers grew 13% this year, which made for a good show, say many exhibitors.
Washington, D.C.—For the 15th year running, the Natural Products Association (NPA) brought together industry members to lobby in favor of issues related to the natural products industry. Supporters gathered on March 27 to talk to lawmakers about how the proposed New Dietary Ingredient (NDI) guidance could affect businesses. Congressmen and...
Industry veterans with long memories will recall some early examples of supplement brands that tried to make the leap from exclusive distribution in the independent natural products channel to the mass market. Plus and Thompson come to mind. More recently, several other brands have followed the same path, with...
Several high-visibility acquisitions have occurred over the past month. According to Bloomberg.com, Pfizer Inc. of New York, NY will purchase Foothill Ranch, CA-based Alacer Corp., maker of Emergen-C effervescent supplements. General Mills of Minneapolis, MN bought Food Should Taste Good of Needham Heights, MA, and will add it to...
EuroPharma, Inc. of Green Bay, WI announced that nutritionist and author Jonny Bowden, Ph.D., CNS, is now part of its scientific advisory board. Integrated Marketing Group of Salt Lake City, UT has two staff additions: Zach Zavoral as PR counsel and Peggy Jackson as director of business development. Mark...
Brattleboro, VT—Supplement maker New Chapter will now exist under the wing of Procter & Gamble (P&G), its new owner. New Chapter, which was approached by P&G, will be a “wholly-owned subsidiary” of the mass market giant. The supplement maker seemed to be doing a bit of damage control via its...
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