Smithfield Foods Inc. will conduct a comprehensive watershed and water-use analysis across its vertically integrated operations to increase the company's water use efficiencies and ensure sustainable sourcing and practices companywide.
Leaders of Applegate, Stonyfield, and Whole Foods join Viking Global Investors, 40 North, AiiM Partners, Stray Dog Capital and others in Series A round.
The move follows increased demands for improved hygiene and cleaning efficiency for inspection equipment, as well as reduced machinery downtime due to frequent, harsh washdown regimes.