The wine, liquor and beer company Constellation Brands Inc. said its fiscal first-quarter net income soared thanks to Crown Imports. The company purchased Group Modelo U.S. beer business in June 2013 from Anheuser-Busch InBev for about $5.3 billion.
PMMI announced that more than 30 of the world's leading packaging industry groups will be attending the PACK EXPO International 2014. PMMI, owner and producer of PACK EXPO, invited the organizations to exhibit as part of a program that strengthens industry connections.
The caffeine overdose in a healthy teen has gotten the attention of the commissioner of the Food and Drug Administration about the increasing amounts of caffeine in a whole range of foods. The agency is investigating the safety of energy drinks and energy shots.
The University of California President Janet Napolitano has plans to tackle one of the world's most important problems: food. As a former Homeland Security secretary, Napolitano has issued a new UC Global Food Initiative to safeguard the world's food supply.
A food truck exploded in Philadelphia last night when a propane tank burst. The explosion injured the mother and daughter working on the food truck and sent at least nine others to the hospital for burns across substantial portions of their bodies.
The U.S. has among the lowest labor costs in the industrialized world and is awash in cheap energy, making it attractive for businesses to reshore by bringing their operations back to the U.S. In a recent survey, 54 percent of executives indicated that they are planning to reshore.
What's in that cup of tea? Andy Brunning, a high school chemistry teacher in the U.K., makes beautiful infographics about everyday chemistry on his blog, Compound Interest. Unsurprisingly, his most popular posts are about food and drinks.
Brynwood Partners has purchased the Juicy Juice brand from Nestle USA with plans to leverage the 37-year-old brand's nutritional attributes by making changes to its packaging. This is the sixth acquisition the private equity has completed with Nestle.
A northern Michigan commercial fish hatchery, Harrietta Hills Trout Farm LLC, has been granted a pollutant discharge permit to increase production from about 20,000 pounds of rainbow trout a year to 300,000 pounds. The expansion will help protect the Au Sable River.
A study by the OTA shows that organic products, including condiments, snack foods, meat and fish are up significantly in sales compared to last year. However, there is no research to show whether or not organic foods are any healthier than conventional foods.
After Tyson Foods was let out of its previous agreement to buy Pinnacle Foods, the maker of Jimmy Dean sausages has now signed a deal to purchase Hillshire Brands for $7.75B. Tyson Foods has agreed to pay the $163 million termination fee to Pinnacle on behalf of HIllshire.
The Budweiser war continues with Anheuser-Busch InBev buying a small Czech brewery, Samson. AB InBev is currently in a legal battle over the Budweiser trademark name with Budvar, another Czech brewer. The purchase was an effort by AB InBev to reclaim the name.
Hard cider sales have grown substantially during the past five years. The success of craft ciders has caused other new apple-based boozes to enter the market, such as Karner Blue gin, which is distilled from apples, not grains, at a New Hampshire winery and distillery.
This company is highlighting their new product line of neutral-tasting, nature-identical carotenoids.
This new range of lube-free plastic combination chains for the food and beverage industries meet strict EU food processing standards.
The costs and inefficiencies of paper forms are no longer lost on manufacturing businesses that are ramping up efforts to shift paper forms and manual processes to mobile apps — and to integrate mobility with key business processes.
A research team that included a Michigan State University professor tested kids on their knowledge of various brands, such as golden arches or silly rabbits, and found that those who could identify them the most tended to have higher body mass indexes, or BMIs.
Moms can now enjoy the first food made especially for them: Now For Mothers Healing Mix. This natural post pregnancy formula provides babies with the precursor fats required for effective brain development. Product can be sprinkled onto food or mixed into drinks.
Quiznos emerged from the Chapter 11 bankruptcy after restructuring its finances. The sandwich chain filed for protection in March and reduced its debt by more than $400 million. The Denver company owns and operates only seven of the 2,100 Quiznos around the nation.
Frozen cakes and pies declined 2.4 percent from 2009-2014 as consumers focus on gourmet flavors and shift towards viewing pies and cakes as an indulgent snack. According to Mintel research, 41 percent of consumers claim to eat prepared snacks between meals.