Neogen® Forms Genomics Relationship with Performance Food Group
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LINCOLN, Neb., April 18, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that it has formed a genomics relationship with Performance Food Group (NYSE: PFGC), making the company the official genomics provider for the food group's PathProven service.
With the support of Neogen genomics' world-leading DNA testing capabilities, Performance Food Group's PathProven food trace technology can trace food products back to the feedlot, ocean, or farm that they came from, allowing the entire production process to be carefully inspected and regulated, ensuring both the quality and origin of these products. This relationship presents a new opportunity for Neogen to help improve efficiency and sustainability within the protein supply chain.
"Neogen is incredibly proud to partner with Performance Food Group and further our commitment to fueling a brighter future for food security," said Tom Schultz, Senior Director of USAC Livestock Production at Neogen. "Through this relationship, Performance Food Group will implement Neogen's portfolio, ranging from food security to discovery, within its protein production process. This deeper integration of genomics technology within sourcing programs will help drive greater protein efficiencies."
"At Performance Food Group, we believe in transparency, which is why we have a verifiable program utilizing DNA. Our flagship beef program, Braveheart Black Angus Beef, redefines beef programs with our rigid PathProven Program and DNA testing, which verifies Angus genetics," said Glenn Strickholm, President of Protein Brands at Performance Food Group. "This truly separates our program from other certified beef programs, and Neogen is a big part of that difference. We are so excited about this partnership, and we look forward to seeing how it evolves in the future."
To learn more about Performance Food Group's PathProven food trace technology powered by Neogen's genomic services, visit www.performancefoodservice.com.
About Performance Food Group
Performance Food Group is an industry leader and one of the largest food and food service distribution companies in North America with more than 150 locations in North America. Founded and headquartered in Richmond, Virginia, PFG, and their family of companies, market and deliver quality food and related products to 300,000+ locations, including independent and chain restaurants; businesses, schools, and healthcare facilities; vending and office coffee service distributors; and big box retailers, theaters and convenience stores. To learn more about PFG, visit pfgc.com.
About Neogen
Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.
Contact
Kenny Stauffer | Director of Key Accounts, Neogen USAC
KStauffer@Neogen.com
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SOURCE Neogen Corporation
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| Datum | Rating | Analyst | |
|---|---|---|---|
| 08.02.18 | Performance Food Group Hold | Pivotal Research Group | |
| 16.05.17 | Performance Food Group Buy | Loop Capital | |
| 25.01.17 | Performance Food Group Sector Perform | RBC Capital Markets | |
| 24.01.17 | Performance Food Group Equal Weight | Barclays Capital | |
| 09.11.16 | Performance Food Group Hold | Pivotal Research Group |
