Canada Bread Co. has agreed to pay $120 million in cash to buy Saputo Inc.'s bakery division, which makes Joe Louis and May West snack cakes. Montreal-based Saputo is primarily a cheese and dairy company, with operations throughout Canada, the United States and outside of North America.
High Liner Foods Incorporated announced the official opening of its newly-constructed U.S. headquarters, a 38,000-square-foot state-of-the-art facility located at the Pease International Tradeport in Portsmouth, N.H.
Here are five things to know about the Food and Drug Administration's new menu labeling rules, which will require chain restaurants with 20 or more outlets to list the amount of calories in alcoholic drinks, along with other foods and beverages, on menus by next November.
IUU fishing is one of the most crucial global threats to the sustainable management of marine fisheries worldwide. It has significant environmental, economic, and social implications and jeopardizes the biological integrity of the ocean.
U.S.-Cuba trade is poised to resume at last: President Barack Obama announced plans to re-establish diplomat relations with Havana, and economic ties are expected to follow. Among those eager for access to a Cuban market cut off by an economic embargo are U.S. farmers.
The expansion, which is scheduled to be completed in the first quarter of 2015, will double the existing Oven Works manufacturing facility to 38,000 square feet. The expanded facility will also include a 480 square foot, environmentally controlled paint booth.
Perky Jerky landed in more than 220 high-end specialty retailers and supermarkets across Japan and South Korea in October 2014, with plans to be in China by January 2015. Its American ultra-premium turkey jerky line has experienced strong sales in its first several weeks in both Japan and Korea.
A Massachusetts husband and wife who blame their 8-year-old son's death on the ground beef they bought at a Whole Foods Market have sued the supermarket chain and the ranch they say produced and processed the meat.
New menu labeling rules from the Food and Drug Administration will require chain restaurants with 20 or more outlets to list the amount of calories in alcoholic drinks, along with other foods, on menus by next November. The idea is that people often don't know — or even think about — how many calories they are imbibing.
McDonald's in Japan began rationing its fries Wednesday. It said prolonged labor negotiations with port workers on the West Coast have made it difficult to meet demand despite an emergency airlift of 1,000 tons of processed spuds and an extra shipment from the U.S. East Coast by sea.
The maker of Cheerios cereal, Yoplait yogurt and other packaged foods posted revenue of $4.71 billion in the period. The Minneapolis-based company said it had profit of 56 cents per share. Earnings, adjusted for restructuring costs, were 80 cents per share.
Flat Creek Farm and Dairy officials said in a statement that the company has recalled its Low Country Gouda and Aztec Cheddar after the company was notified in late November that the cheese may have been contaminated. Company officials say no illnesses have been reported.
Core inflation, which excludes volatile energy and food prices, rose 0.1 percent in November. For the past 12 months, overall inflation has risen 1.3 percent while core inflation has increased 1.7 percent. Both annual gains are well below the Federal Reserve's 2 percent inflation target.
Federal health authorities in Canada say two meat products sold in Ontario are being recalled due to concerns about possible Listeria contamination. The recall affects Franz's smoked black bean and salsa sausage and Franz's gold medal kolbassa made by Peterborough-based Franz Roessl Holdings Ltd.
Secretary of State Kate Brown has certified recount results showing the defeat of a ballot measure to require labels on genetically modified foods, officially making Oregon the fourth state in the West to reject the idea.
A Korean Air Lines executive's tantrum over bagged nuts in a first-class cabin is drawing enough attention to give Hawaii's $38 million macadamia nut industry a boost. Some producers told the Honolulu Star-Advertiser that's also helping Hawaii, home to more than 700 macadamia nut farms and eight processing plants.
Specifically tested were samples of the herbs cilantro, basil and parsley. Of the 133 samples tested from 13 farmers’ markets, 24.1 percent tested positive for E. coli and one sample tested positive for Salmonella.
The Michigan Strategic Fund has approved $12.5 million in grants to support the construction of a 550,000-square-foot pork processing facility. The Clemens Food Group operation will be in Coldwater Township. It is expected to create more than 800 jobs and $255 million in total investments.
Coca-Cola said that it expects earnings growth in 2015 in line with this year's gain, which is short of the company's target. The Atlanta-based company has been struggling with declining soda consumption in the U.S. and other parts of the world.
Ohsho Food Service Corp., which runs the "Gyoza no Ohsho" dumpling restaurant chain in Japan, plans to expand into the United States in three years after withdrawing from China.