The Leading Source for Food Manufacturing News
Consumer Trends: Millions Will Eat Out This Mother's Day
May 10, 2013 12:00 pm | News | CommentsNew research from the National Restaurant Association (NRA) shows that more than one-quarter of American adults will celebrate Mother's Day by dining out, and nearly one in 10 will rely on restaurant takeout or delivery for their special Mother's Day meal. Overall, the NRA projects that 80 million American adults will enjoy restaurant meals on May 12, 2013.
Daily Sound Bite: Mondelez Takes Gum Seriosuly
May 10, 2013 11:26 am | News | CommentsKraft spinoff Mondelez, which owns Trident, Chiclets and other gum brands, has seen a dip in gum sales as gum chewing has dropped among U.S. consumers. Despite the dip in gum sales, the company saw increases in sales among other brands such as Oreos.
Company Orders Ice Cream Recall
May 10, 2013 9:38 am | News | CommentsA dairy company is voluntarily recalling ice cream produced in Winston-Salem and distributed to 10 states that don't identify possible allergens because the product is packed in the wrong containers. Dairy Fresh said Thursday it's recalling some IGA Brand Vanilla and Chocolate in a 1.75 quart package because it's really Heavenly Hash ice cream that may contain almonds, coconut and soy.
Dean Foods 1Q Profit Soars on Morningstar Sale
May 10, 2013 9:36 am | News | CommentsDean Foods' net income skyrocketed in the first quarter on the sale of its massive Morningstar division. The Dallas food and beverage company surprised Wall Street even when the sale of Morningstar is excluded and shares rose in early trading.
McDonald’s Pulls Angus Burgers from Menu
May 10, 2013 9:34 am | by CANDICE CHOI,AP Food Industry Writer | News | CommentsThe changes come as McDonald's looks to keep up with shifting tastes, even as it underscores the affordability of its food. The website BurgerBusiness.com, which reported that the burgers were being dropped earlier Thursday, also said that it learned from McDonald's franchisees that the company intends to expand its line of lower-cost Quarter Pounders in coming months, including an option with bacon.
Green Mountain 2Q Income Rises 42 Percent
May 10, 2013 9:33 am | News | CommentsGreen Mountain Coffee Roasters Inc. shares soared in after-hours trading Wednesday after the company said net income rose 42 percent in its fiscal second quarter, and it raised its earnings forecast for the full year. Green Mountain said sales of single-serve coffee packs climbed 26 percent compared to a year ago. That balanced a decrease in sales of Keurig brewing systems.
Post To Acquire Hearthside Food
May 10, 2013 9:31 am | News | CommentsCereal maker Post Holdings Inc. is buying the branded and private label cereal, granola and snacks business of Hearthside Food Solutions for $158 million, partly as a way to broaden its presence in the cereals category. Post's existing cereal brands include Honey Bunches of Oats, Post Raisin Bran and Grape-Nuts.
Photo of the Day: McDonald’s Cuts Angus Burgers
May 10, 2013 9:30 am | News | CommentsOn Thursday, May 9, 2013, McDonald’s said it is cutting the Angus burger from its menu. McDonald's had said earlier this year that it was evaluating whether to continue selling the Angus Third Pounders, which were introduced in 2009 and among the chain’s priciest. The company also said at the time that it was it was cutting Chicken Selects and Fruit & Walnut Salad.
Food Industry Apps
May 10, 2013 9:16 am | by The Street | Videos | CommentsJim Cramer joins panelists from The Street and Mad Money to discuss new technology at work in the food industry, including an app that facilitates direct-to-consumer sales between farmers and those looking to cut out food supply chain middlemen.
Reducing Total Packaging Cost, Automatically
May 10, 2013 9:16 am | by John King, Food Equipment Director, North America, Sealed Air Corporation, Cryovac Food Packaging Division | Articles | CommentsEfficient operations at processing facilities are more critical than ever if meat product manufacturers are to remain profitable. Fortunately, advancements in packaging machinery and the potential for automation resulting from these innovations can play a pivotal role in enhancing efficiency for meat processing operations.
Warehouse Management Solutions
May 10, 2013 1:00 am | by Food Manufacturing Staff | Product Releases | CommentsCompany introduces new iWAREHOUSE Essential™ and iWAREHOUSE Enterprise™, two solutions that combine fleet efficiency, warehouse optimization and professional services.
Chap Apron
May 10, 2013 1:00 am | by Food Manufacturing Staff | Product Releases | CommentsThe VR™ Chap Apron is designed to meet the challenging conditions of the food processing and produce industries.
Adjustable Case Sealers
May 10, 2013 1:00 am | by Food Manufacturing Staff | Product Releases | CommentsCompany now offers the InterpackUSA Series Case Sealers, which are adjustable, operator-fed machines that process same-sized RSC style cases.
Daily Sound Bite: Wrigley Removes Alert Gum from Shelves
May 9, 2013 12:58 pm | News | CommentsA Food and Drug Administration investigation into the safety of caffeine-added foods has prompted Wrigley to take its new caffeinated gum off the market for the time being. Wrigley said Wednesday that it will temporarily halt sales and marketing of Alert caffeinated gum after discussions with the FDA.
Dole To Buy Back up to $200M in Shares
May 9, 2013 12:23 pm | News | CommentsDole Food Company Inc. said Thursday that it will buy back up to $200 million of its shares. The food company said the move allows it to return cash to shareholders, while rebalancing its capital structuring by shrinking the number of outstanding shares. That helps increase earnings per share.
Slow Energy Drink Sales Hurt Monster 1Q
May 9, 2013 12:21 pm | News | CommentsShares of Monster Beverage fell Thursday after the energy drink maker reported disappointing first-quarter results and a slowdown in sales. The company, based in Corona, Calif., said after the market closed on Wednesday that its quarterly profit fell as it was hurt by distributor termination obligations, foreign currency exchange rates and legal costs tied to regulatory matters and litigation regarding its namesake drink.
Ohio Egg Farmers Donate Nearly 767K Eggs
May 9, 2013 12:19 pm | News | CommentsOhio egg farmers are donating close to 767,000 eggs to food banks and other hunger relief organizations throughout the state in celebration of National Egg Month. The Ohio Poultry Association said Wednesday that eight farmers will provide the 766,800 eggs, which will be delivered the over the next couple weeks.
Pa. Attorney General Clears Hershey Trust
May 9, 2013 12:18 pm | by PETER JACKSON,Associated Press | News | CommentsA two-year investigation revealed no wrongdoing by the Hershey Trust Co.'s board, but it prompted changes in corporate rules, state Attorney General Kathleen Kane said Wednesday in concluding the probe. The attorney general's office examined allegations that Milton Hershey School assets were used to pay excessive compensation to trust board members and to make questionable land purchases.
Starbucks, Green Mountain Extend Partnership
May 9, 2013 12:17 pm | News | CommentsStarbucks has signed a new five-year contract that triples the number of branded single-serve packs it makes for Green Mountain's Keurig brewing machines. The deal comes after Starbucks last year introduced its own single-serve brewing machine, which was seen by many as posing a threat to Green Mountain's popular machines.
Consumer Trends: Moms Impact Shopping Behavior
May 9, 2013 12:00 pm | News | CommentsIt's a common childhood experience, shuffling up and down grocery store aisles with Mom. Little do consumers know, though, that those moments mold their food perceptions into adulthood. A new white paper is designed to provide food marketers and producers a closer look at the impact moms have on consumers' purchase patterns and cooking habits.
