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Editor's Note 
 
Hello, it’s Nithya Caleb here with your news of the week. It's a mixed bag with both good and bad news. Today’s newsletter includes news about Pepsi acquiring Siete Foods, a grim outlook from Farm Credit Canada and more. Enjoy!
- Nithya Caleb, Editor, Food in Canada
 
TOP HEADLINES 
 
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PepsiCo to buy Siete Foods for US$1.2B

The transaction is expected to close in the first half of 2025. Siete produces tortillas, salsas, seasonings, sauces, cookies, and snacks.


Brought to you by Egg Farmers of Canada

Egg Quality Assurance certification builds consumer trust

The Egg Quality Assurance certification mark shows Canadians that their eggs are local, high-quality and produced according to strict national standards by Canadian farmers.


F&B sector to face 0.7 per cent decline in sales

According to Farm Credit Canada's mid-year report, the food and beverage manufacturing sector is set to see a drop of 0.7 per cent in sales in the remaining months of 2024.


Lassonde invests $200M in new U.S. plant

Construction of the 200,000-sf beverage manufacturing facility in New Jersey is expected to begin early 2025.


Lamb Weston to shut Washington plant

Under a restructuring plan, Lamb Weston is permanently closing its Connell manufacturing facility and reducing its global workforce by 4 per cent.


Master the art of commercialization with expert insights

Food in Canada is thrilled to organize a webinar on strategies for a successful commercial launch of your products. Webinar participants will receive a resource toolkit to guide them through the commercialization process. Join us on Oct. 28, 1 p.m. ET/ 10 a.m. PT.


 
 
INDUSTRY HIGHLIGHTS 
 
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High Liner Foods marks 125 years of operation

To celebrate this milestone, the council of Lunenburg town, where the company was founded in 1899, officially proclaimed Dec. 12 as ‘High Liner Foods Day.’ » Read full article
 
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Lolo launches RTD tequila cocktails

Founded by the Vancouver-based craft brewery, Strathcona Beer Company, Lolo cocktails are handcrafted in-house using agave tequila sourced from Jalisco, Mexico. » Read full article
 
#TITLE#

Preparing for U.S. Food Traceability Final Rule

FSMA 204 requires more record-keeping from entities manufacturing, processing, packing or holding foods that are on the Food Traceability List. » Read full article
 
 
EVENTS 
 

Flavorcon 2024

Location: Atlantic City, N.J. Dates: October 8-9 » Learn more

FBA Conference & Awards 2024

Location: Charlottetown, PE Dates: October 22-23 » Learn more

2024 Meat Industry Expo

Location: Niagara Falls, Ont. Date: October 25-26 » Learn more