Funds will be used for development of natural food ingredients.

Sales increase 14% in the year.

Sets sights on continued expansion and innovation.

Facility to be located in Spain.

Sees improvement in fourth quarter of 2023.

Kroger disputes a claim the deal will bring higher prices and lower worker wages.
 

Foreign exchange rates impact the fiscal year negatively.
 

Understanding how each fiber will affect individual products will help formulators decide which to use.

Gums play an important role in improving the texture, volume and shelf life of bakery items.

New role is senior VP of global sales.