Decatur, Ill.–based Archer Daniels Midland Co. and Milwaukee, Wis.–based Lesaffre Yeast Corp. have formed a joint venture to construct a new yeast plant located adjacent to ADM’s corn processing facility in Cedar Rapids, Iowa. The joint venture company will be named Red Star Yeast LLC.

AXM Pharma Inc., Newport Beach, Calif., and Sunkist Growers Inc., Sherman Oaks, Calif., have entered into a trademark licensing agreement that grants AXM exclusive rights to use the Sunkist brand name a…

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