Washington, D.C. - The public comment period is open for the U.S. Department of Agriculture's (USDA) recently unveiled proposal for food labeling of products using GMOs. Instead of food labels including the words "genetically modified" or "genetically engineered," the USDA wants to substitute the initials BE – for Bio-Engineered foods. ...
Washington, D.C. - A U.S. district judge has given the green light to a lawsuit that claims that Monsanto’s labeling of its flagship weed killer Roundup misleads consumers, according to this report. The judge ruled against Monsanto Co.’s motion to dismiss the lawsuit, filed in April, 2017. The judge ruled that...
Secaucus, NJ – Vitamin Shoppe announced it had completed the sale of Nutri-Force, its manufacturing business, for approximately $15 million, during its first quarter 2018 earnings call. The buyer is Arizona Nutritional Supplements (ANS), a contract and private label manufacturer of vitamins, minerals and supplements located in Chandler, AZ. The...
NEW YORK — International Flavors and Fragrances (IFF) plans to acquire natural ingredients firm Frutarom for $7.1 billion, the company announced this week, in its goal of becoming the world’s top natural ingredient and flavor supplier. “Frutarom has had a fascinating journey of accelerated growth,” said Ori Yehudai, Frutarom president...
Lakewood, CO – Natural Grocers by Vitamin Cottage announced a net sales increase of 12.3% to $215.9 million for the second quarter ending March 31. Same-store sales increased by 7.1% and an increase in promotion was credited for the results. “Sales momentum continued to accelerate during the second quarter, which,...
New York, NY - New York Attorney General Eric Schneiderman. a longtime adversary of the supplements industry, has abruptly resigned after being accused of physically assaulting four women, according to a report in the The New York Times. He announced his resignation after The New Yorker ran an article on...
Lake Success, NY – Hain Celestial, an organic and natural products company, continues to miss estimates, with earnings that dipped in the U.S., and profits that decreased from last year. During a third quarter earnings conference call, Irwin D. Simon, founder, president and CEO of Hain Celestial, admitted it was a...
Basel, Switzerland — Lonza reported a positive start, led by its contingent of healthcare businesses, during its quarterly earnings call. The former Capsugel business, now part of Lonza Pharma & Biotech and Lonza Consumer Health, performed well in the first quarter of 2018, with integration continuing as planned, following good...
Quebec, CN - Fruit d’Or Nutraceuticals has entered into the personal care and cosmetic industry. The leading supplier and processor of premium-quality organic cranberry ingredients has signed a memorandum of understanding (MOU) with Hydromer, Inc. to create patented antimicrobial/antioxidant personal care and cosmetic products using Fruit d’Or’s next-generation five-star organic...
Washington, D.C. - Food manufacturers have received an 18-month extension for meeting updated nutrition and serving size requirements on product labels. The U.S. Food and Drug Administration issued a final rule — published in the Federal Register — saying it was extending compliance dates for providing updated nutrition information on the...
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