BFG’s Post

We are committed to doing the right thing for our communities, our people and our environment. As part of our People, Pubs & Planet strategy, we have set out three key pledges: ✔ Net zero carbon for direct emissions by 2023 ✔ Net zero for Scope 3 emissions no later than 2040 ✔ Zero waste to landfill by 2025 We have been supported in our efforts to source sustainable energy for our pubs and brewery by True - Powered by Open Energy Market, and were delighted to team up with them on this case study outlining our work together. 👉 Read more about our People, Pubs and Planet strategy here: https://lnkd.in/d3zKsKye 🌍 🍻 #kentbusiness #sustainability #beer #brewing #pubs #esg

Pork Producer Smithfield Plans U.S. Stock Listing The Chinese parent of Smithfield Foods says it plans to take the pork company public in the U.S. WH Group, the world’s largest pork-producing company by sales, said Sunday it plans to float Smithfield’s business in the U.S. and Mexico on the New York Stock Exchange or Nasdaq. The plan was submitted in a proposal to the Hong Kong stock exchange, where WH is listed. Virginia-based Smithfield is the largest U.S. pork producer, slaughtering roughly 30 million hogs a year. WH Group acquired Smithfield in 2013 in a $4.7 billion deal that marked one of the biggest takeovers of an American business by a Chinese company at the time. Smithfield, which used to trade on the NYSE, was delisted. The combined company went public in Hong Kong in 2014 after raising more than $2.3 billion. The Wall Street Journal reported last fall that WH Group was working with banks to take the 88-year-old Smithfield public again in the U.S. The details of the spinoff have yet to be finalized, but WH said it expects Smithfield U.S. and Mexico will remain a subsidiary of the company. The plan requires approvals from Hong Kong’s stock exchange as well as the U.S. Securities and Exchange Commission. https://lnkd.in/gwzvktHG #pork #porkmarket #meatmarket #meatindustry

📢 Exciting News! 🌟 Troy Youngbauer has been doing an amazing job managing the supply chain at a dairy product supplier for the past seven years! 🥛🚚 According to Supply Chain Dive's latest article, **"Seasoned Pro Reinforces Dairy Product Supply Chain"**, Troy has really shown how important a good supply chain is for making sure everyone gets their dairy products on time. 🧀📦 Let's congratulate Troy for his hard work and dedication! 🎉👏 🔗 [Insert link to the Supply Chain Dive article here] #SupplyChain #DairyProducts #TeamWork #Success

Are you having problems with profitable growth? Here are some thoughts that might help!

The factory and business now is running so smoothly even so complex we have with right leadership and the right direction in the right areas.

What are the benefits to #HonorFoods customer like #foodservice #distributors and #vendors that come with the #SunnyMorningFoods acquisition? Find out in the new Honor Foods blog.

Heaven Hill Brands' recent strategy to offer retirement buyouts and reduce its workforce at the Bardstown bottling plant, where iconic brands like #EvanWilliams and #ElijahCraig are bottled signals a broader industry recalibration in response to a ~softening~ market. This move aligns with a broader global trend of distillers adjusting operations as the surge in spirit sales over the last 5 years normalizes and consumers face economic challenges like inflation and high-interest rates. With Kentucky's ageing bourbon inventory nearing 13 million barrels, the global scale of ageing whiskey stocks could reshape the industry. This presents a complex scenario: while potentially leading to price adjustments due to surplus, it also opens doors for innovation in production, ageing, and barrel management techniques - like what we're building BAXUS. As distillers begin to navigate changes in demand and a new market landscape, their strategies will undoubtedly influence global whiskey markets and consumer trends. #WhiskeyIndustry #Bourbon #MarketTrends #HeavenHill

Exciting news for SKU alum Mocktail Club!  Pronghorn has invested in Mocktail Club, which will help accelerate the brand's growth within the hot non-alcoholic beverage market. The U.S non-alcoholic beverage cagtegory is projected to grow from $161.3 billion in 2023 to $225.6 billion by 2030. Pronghorn is dedicated to expanding diversity within the spirits industry by cultivating and investing in the next generation of Black founders, executives, and entrepreneurs. "Pronghorn's mission is simple – to create a template to diversify any industry," said Dia Simms, Co-Founder of Pronghorn. "We recognize that the non-alcoholic sector is growing at an incredibly fast pace, which is why we are thrilled to support a Black Woman-owned brand like Mocktail Club that is set to disrupt the non-alcoholic sector through its distinct flavors." Pauline Idogho Michelle Breyer Buff Greebe Brooke Wilson Monte Ammons Paul Beaupre #nonalcoholic #nonalcoholicbeverages #beverageinnovation #spirits #nonalcoholicspirits #rtdcocktails #cocktails #mocktails #diversity #blackfounders #blackentrepreneurs #nonalcoholicsegment #womenowned #femaleowned

Smithfield Foods to Close North Carolina Pork Processing Plant. In response to sagging demand, low market prices, and elevated production costs, Smithfield Foods has made the difficult decision to close its North Carolina pork processing plant. The move will allow the company to increase efficiency and optimize its existing capacity. Production from the Charlotte plant will be transferred to Smithfield's Tar Heel facility, affecting 107 employees. However, the company is committed to supporting these employees with financial assistance and opportunities to transfer to other Smithfield locations. These industry-wide challenges have resulted in a contraction within the meat sector, as companies adjust their operations to overcome market hurdles. Smithfield's strategic move is a part of this broader trend. Read the full article here: https://bit.ly/3QDneMU #FlavorWiki #SmithfieldFoods #MeatIndustry #MarketChallenges #StrategicMoves

Learn the value of unique identification for your products. Check out the GS1 US free, on-demand #webinar “5 Ways to Leverage Your #Barcode Investment in #Grocery and #Foodservice.” #TeamGS1US