Mondelez is increasing its stock repurchase program by $1.7 billion. The maker of Oreo cookies can now buy back up to $7.7 billion shares of its common stock through 2016. The company also entered an accelerated share repurchase agreement to buy $1.7 billion of its common stock.
A new $75 million turkey processing plant in southwestern Indiana is set to start operations next week. State and local officials joined Farbest Foods president Ted Seger for a ribbon-cutting ceremony and public tours Monday of the new factory.
Even as sushi and sake sales boom worldwide, purists say that its finer points are candidates for the endangered list at home. The younger generation is increasingly eating fast food such as Krispy Kreme doughnuts and McDonald's, not rice.
Authorities trying to solve a distillery heist that netted cases of prized Kentucky bourbon have monitored websites and interviewed more than 100 people since the pricey whiskey was taken weeks ago. Now a cash reward is getting mixed in.
Sustainability is a hot topic in the food and beverage industry. As manufacturers seek to reduce costs and maintain customer loyalty, implementing sustainable practices can help to achieve these aims while ensuring companies are playing a responsible role in their industry and society in general.
American consumers remain confused by "percent less sugar" claims on product packages. In separate polls conducted in April 2004 and October 2013, 86 and 84 percent of Americans, respectively, indicated they were confused by such labels.
Yum Brands Inc. said November sales at restaurants in China rose on a half-price bucket promotion at KFC and gains at Pizza Hut locations. Yum said that its China division recorded a 1 percent gain at restaurants open at least one year, including a rise of 7 percent at Pizza Hut.
U.S. manufacturing grew in November at the fastest pace in 2½ years as factories ramped up production, stepped up hiring and received orders at a healthy clip. The Institute for Supply Management said Monday that its index of manufacturing activity rose to 57.3.
Fast-food workers in about 100 cities will walk off the job on Thursday, which would mark the largest effort yet in a push for higher pay. The actions are intended to build on a campaign to call attention to the difficulties of living on the federal minimum wage of $7.25 an hour.
Agriculture economists have long warned that farmers are getting old and staying on their land longer, delaying the turnover to a younger generation. But a professor argues that those fears are overstated and the U.S. likely will have little problem replacing aging farmers.
A new lawsuit is seeking $30 million from Morgan Keegan, which has merged with Raymond James Financial Inc., and 10 employees accused of fraudulent business practices in a failed sweetener factory project for Mamtek US Inc. in central Missouri.
Mosaic artist Jason Mecier, who has been specializing in sugar art for 20 years, has created a masterpiece made of candy, including SweetWorks confections, portraying Michael Myers, the fictional character from John Carpenter’s movie “Halloween."
A California boy experienced weeks of stomach pain before telling his mother it was time to see a doctor. The culprit turned out to be a steady diet of Flamin' Hot Cheetos. Emergency room doctors say they have been seeing many children with gastritis due to eating spicy chips.
The Food Manufacturing Brainstorm features industry experts sharing their perspectives on issues critical to the overall food industry marketplace. In this issue, we ask: What steps can food manufacturers take to reduce energy costs in their facilities?
Highly Flexible Thermocouple Cables are designed for continuous motion, tight routing, excessive temperatures (-65°C to +260°C) and extremely harsh environments.
New Vikan® brush styles 4587 and 4589 are fully color-coded. The 4587 is a soft brush, and the 4589 has medium bristles.
Company now offers a chainless transport system for its Hamba range of cup, tub and bottle filling lines.
In 2008, the Humane Society of the United States released grainy video taken by an undercover investigator posing as an employee that showed crippled and sick cows being kicked, shocked and shoved with forklifts at the Chino-based Westland Meat Co. and Hallmark Meat Packing Co.
The German Brewers' Federation said Monday it has applied to German officials and UNESCO, the United Nations' cultural agency, to have the purity law — the "Reinheitsgebot" — recognized by the U.N. as a piece of the world's "intangible heritage."
The media has jumped on the American Manufacturing story because it is a good story and it projects hope in a poor economy. But one must look deeper into the critical factors that drive manufacturing to see a realistic picture of the industry.