News from dairy processors, associations and suppliers.
The Kraft Heinz Co. and food tech startup TheNotCompany Inc. announced a joint venture designed to reimagine global food production and advance toward a more sustainable future. The joint venture, which will operate under the control of Chicago- and Pittsburgh-based Kraft Heinz as The Kraft Heinz Not Company LLC, will leverage the inherent strengths of both companies. NotCo, headquartered in Macul, Chile, will bring its patented, first-of-its-kind technology and proven artificial intelligence (AI) solutions — while Kraft Heinz will offer its iconic brand portfolio and scale — to develop “superior plant-based versions of co-branded products at a level of speed, taste, quality and scale yet to be seen in the industry.”