the deal also includes private-label products and a manufacturing facility in Chicago. Nearly 400 employees linked to the assets will move to JTM, a statement issued by JM Smucker said.

J.M. Smucker will sell several of its brands and products to JTM Foods for $40 million. The maker of Jif peanut butter and Folger's coffee said Friday that it will divest its Cloverhill and Big ...

JM Smucker has announced a definitive agreement to divest Cloverhill and Big Texas, along with select private label products, ...

J.M. Smucker divest its Cloverhill and Big Texas brands, as well as certain private label products, to JTM Foods.