Top Headlines
Natural Industry Primes for Amazon
By Janet Poveromo On June 16, Amazon announced its plan to acquire Whole Foods for $42 a share, in a deal valued at $13.7 billion. Whole Foods’ John Mackey will remain CEO of the grocery store chain and the deal is expected to close in the second half of the year. The news sent shock ...
The Big Natural Debuts to Rave Reviews
The Natural Products Association (NPA) debuted its new official event, The Big Natural, to rave reviews from attendees, sponsors, NPA members and non-members. More than 100 of the industry’s top executives and decision makers gathered in Las Vegas, NV from June 7 to 9 for a packed program focused on education and networking. The Big Natural ...
Amazon to Acquire Whole Foods for $13.7 Billion
According to Bloomberg, Amazon.com Inc. (Washington) will acquire Whole Foods Market Inc. (Texas) for $13.7 billion, a deal that catapults the e-commerce giant into the supermarket business with hundreds of stores across the U.S. Amazon agreed to pay $42 a share in cash for the organic-food chain, including debt, a roughly 27 percent premium to the stock price ...
Algatech Opens U.S. Subsidiary
Algatech opens Algatech Inc., a New York, NY-based subsidiary created to serve its customers in the North American market. The company is appointing Ken Seguine to lead the new operation. Algatech’s expansion into the U.S. will accelerate development of the growing market in North America for its leading microalgae ingredient brand, AstaPure, as well as ...
Supplement Industry Groups Collaborate on Congressional Advocacy
The Council for Responsible Nutrition (CRN) and the American Herbal Products Association (AHPA) are joining forces for a cooperative advocacy effort—Day on the Hill—on June 21 in Washington, D.C. The event will bring together industry executives from across the country to visit with Congressional members and their staff to discuss the benefits of dietary supplements ...
SIDI Work Group Calls for Comments on Draft of Updated Protocol
The dietary supplement industry’s self-regulatory coalition, the SIDI Work Group, recently released an updated draft of the “Standardized Information on Dietary Ingredients (SIDI) Protocol,” and seeks feedback from industry stakeholders and regulators by July 3, 2017. The SIDI Protocol has gained significant traction within the industry since its original release in 2008. The protocol provides ...
Qualitas Health Announces Production Partnership to Triple Algae Production
Texas-based Qualitas Health has announced a long-term, strategic partnership with commercial crop producer Green Stream Farms to triple its algae production. With this partnership, Qualitas achieves enough critical mass to become a sustainable omega-3 alternative, worldwide, at commercial scale, according to the company. “We are proud to produce a new category of sustainable omega-3s from ...
Mushroom Wisdom Acquired by Hokuto
Mushroom Wisdom, Inc. (MWI, East Rutherford, NJ) has announced that 100 percent of the company shares have been acquired by Hokuto Corporation, Japan’s top mushroom cultivator. The transaction includes the acquisition of Sun Medica, Co., Ltd. (SM), MWI’s affiliate in Japan. Both MWI and SM were founded by Mike Shirota and Tomoko Nakamura in 1991 ...
Ingredion Manufacturing Facilities Win Safety Awards
Ingredion Incorporated (Westchester, IL), a global provider of ingredient solutions to diversified industries, recently announced that the Corn Refiners Association (CRA) for achievements has recognized four of its U.S. manufacturing facilities in workplace safety. Two facilities, in Bedford Park, IL, and in Indianapolis, IN, received the Incident Rate Excellence Award, the association’s highest award for ...
Associations Applaud New Commissioner’s Commitment to Modernizing FDA
The Council for Responsible Nutrition (CRN) and the Natural Products Association (NPA) have voiced their supported the U.S. Food and Drug Administration’s (FDA) plans to reorganize its inspection staff and applauded Commissioner Scott Gottlieb for his efforts to modernize the agency. “CRN commends FDA Commissioner Scott Gottlieb and the agency for announcing the implementation of ...
Don't Miss Out!
Industry Professionals
Stay Informed!
Stay informed about the latest health, nutrition, and wellness developments by signing up for a FREE subscription to Nutrition Industry Executive magazine and digital newsletter.
Once subscribed, you will receive industry insights, product trends, and important news directly to your doorstep and inbox.
Featured Listings:
