Corporate Archives - Daily Coffee News by Roast Magazine https://dailycoffeenews.com/category/company-news/corporations-company-news/ Business news for specialty coffee professionals Thu, 15 Aug 2024 14:11:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 Prominent Coffee Groups Call for Immediate Interventions as EUDR Looms https://dailycoffeenews.com/2024/08/15/prominent-coffee-groups-call-for-immediate-interventions-as-eudr-looms/ Thu, 15 Aug 2024 14:11:24 +0000 https://dailycoffeenews.com/?p=181817 coffee farm EUDR UnsplashProminent coffee-focused nonprofits and trade organizations recently issued separate calls to European leaders to take immediate action regarding the new EU deforestation-free supply chain law (EUDR). In a public statement...]]> Lax Narasimhan Out as Starbucks CEO, Chipotle’s Brian Niccol In https://dailycoffeenews.com/2024/08/13/lax-narasimhan-out-as-starbucks-ceo-chipotles-brian-niccol-in/ Tue, 13 Aug 2024 15:43:39 +0000 https://dailycoffeenews.com/?p=181792 StarbucksLess than a year-and-a-half after permanently replacing Howard Schultz as the CEO of Starbucks, Laxman Narasimhan is stepping down.  Beginning Sept. 9, Brian Niccol, the chairman and CEO of Chipotle,...]]> World Coffee Research Names Private Partners for Six-Year F1 Hybrid Variety Trial https://dailycoffeenews.com/2024/08/09/world-coffee-research-names-private-partners-for-six-year-f1-hybrid-variety-trial/ Fri, 09 Aug 2024 14:56:01 +0000 https://dailycoffeenews.com/?p=181395 Fi hybridThe nonprofit World Coffee Research (WCR) announced the launch of a “pre-commercial trial phase” of new F1 hybrid arabica coffee varieties that have demonstrated potential for high quality, high productivity,...]]> Coffee Trading Conglomerate NKG Opening First China Business https://dailycoffeenews.com/2024/08/08/coffee-trading-conglomerate-nkg-opening-first-china-business/ Thu, 08 Aug 2024 15:50:13 +0000 https://dailycoffeenews.com/?p=181701 NKG ShanghaiGreen coffee trading conglomerate Neumann Kaffee Gruppe (NKG) is opening its first trading business in China, responding to a consumer market that has rapidly expanded over the past decade. In...]]> Energy Trader Hartree Plans to Acquire the Owner of Volcafe https://dailycoffeenews.com/2024/08/07/energy-trader-hartree-plans-to-acquire-the-owner-of-volcafe/ Wed, 07 Aug 2024 16:50:43 +0000 https://dailycoffeenews.com/?p=181667 Hartree Volcafe coffeeNew York City-based energy and commodities trading firm Hartree Partners LP announced plans to acquire ED&F Man Commodities, the owner of green coffee trading giant Volcafe. The acquisition includes ED&F...]]> Two Webinars on the New USDA Organic Rules Coming Soon https://dailycoffeenews.com/2024/08/05/two-webinars-on-the-new-usda-organic-rules-coming-soon/ Mon, 05 Aug 2024 14:16:58 +0000 https://dailycoffeenews.com/?p=181563 Organic coffeeFiredancer Coffee Consultants and organics certification consultancy Wolf & Associates are teaming up to launch two free webinars addressing the sweeping new USDA Organic certification rule, known as Strengthening Organic...]]> Roasting Plant Coffee Lands $10 Million, Plans US and UK Expansion https://dailycoffeenews.com/2024/08/01/roasting-plant-coffee-lands-10-million-plans-us-and-uk-expansion/ Thu, 01 Aug 2024 16:49:49 +0000 https://dailycoffeenews.com/?p=181521 Roasting Plant CoffeeRoasting Plant Coffee, the coffee chain known for its flamboyant green-coffee-to-cup super-automatic system, today announced the completion of a $10 million funding round. The company said the fresh capital will...]]> Upper Michigan Trailblazer Velodrome Coffee Acquired by MQT Hospitality https://dailycoffeenews.com/2024/07/31/upper-michigan-trailblazer-velodrome-coffee-acquired-by-mqt-hospitality/ Wed, 31 Jul 2024 14:41:01 +0000 https://dailycoffeenews.com/?p=181459 Velodrome Coffee UPUpper Michigan-based Velodrome Coffee Company has been acquired by MQT Hospitality, the owner of Marquette-based 231 West Patisserie and the Cruisin’ Coffee. The MQT businesses had been longstanding clients of...]]> NECCST from Germany, a Grind-By-Weight Manual Coffee Grinder https://dailycoffeenews.com/2024/07/31/neccst-from-germany-a-grind-by-weight-manual-coffee-grinder/ Wed, 31 Jul 2024 12:46:50 +0000 https://dailycoffeenews.com/?p=181366 NECCST coffee grinder 3A group of German industrial designers launched a new coffee equipment brand called NECCST while readying the flagship product, a manual grinder with grind-by-weight capability. An acronym for New ECkstein...]]> A Classic Heads Home with the Faema E61 Cult Espresso Machine https://dailycoffeenews.com/2024/07/30/a-classic-heads-home-with-the-faema-e61-cult-espresso-machine/ Tue, 30 Jul 2024 15:28:19 +0000 https://dailycoffeenews.com/?p=181336 E61 cultItalian espresso equipment brand Faema just launched the E61 Cult, a home-focused version of its iconic E61 Legend commercial espresso machine. Designed for high-end home use in Europe, the E61...]]>