Local governments in the United Kingdom are calling on chewing gum manufacturers for more help with a sticky situation they say costs millions of British pounds a year.
Westchester, Ill.-based Ingredion Inc., a leading global supplier of ingredient solutions, signed off on a $400-million stock purchase agreement Tuesday to acquire all of the outstanding shares of TIC Gums Inc., a privately held, U.S. company that provides advanced texture systems to the food and beverage industry.
Four months ago, I was a small-town newspaper journalist covering city council meetings and community events in rural West-Central Illinois, never dreaming my work would send me beyond the fringes of Northeast Missouri. But last Wednesday I found myself riding a tram out to the edge of the Palm Jumeirah. As the monorail glided past island residences and the city’s ultra-modern skyline, I couldn’t help being in awe.
Wrigley has announced the launch of four new products that premiered at the National Association of Convenience Stores (NACS) Show held in Atlanta Oct. 18-21. The products will be available in the coming months.
The gum and mint manufacturer, which sells aspartame-free sweets, made the list with a five-year revenue growth of 5,496 percent. It was also ranked no. 1 in the Manufacturing and Distribution category.
The confectionery ingredients market is expected to reach $76.81 billion by 2021, according to a new report by India-based market research firm Markets and Markets.
Wrigley, known for its iconic chewing gum, has two seasonal products to look out for this fall: Extra Pumpkin Spice sugar-free gum and the new Skittles Cauldron Pack.