Inventure Foods, Inc. announced the completion of the acquisition of substantially all of the assets of Fresh Frozen Foods, LLC, a branded frozen vegetable processor. The purchase price was $38.375 million plus deferred compensation in the form of an earn-out of up to $3 million based on 2014 performance.
Plum Organics is voluntarily recalling pouch products within its Baby Stage 2, Tots Mish Mash and Kids lines after discovering a manufacturing defect that may cause spoilage in some pouches. Plum has determined that the potential spoilage may cause some pouches to swell.
Dean Foods' third-quarter net income jumped, bolstered by a large gain from selling stock of its former subsidiary WhiteWave. Its adjusted earnings missed Wall Street's view, but revenue topped analysts' expectations. The company lowered its full-year adjusted earnings forecast.
The got chocolate milk? campaign salutes winter sports athletes and will feature them in the new BUILT WITH CHOCOLATE MILK campaign, which debuts in early November. The campaign features USA Hockey star Zach Parise plus Women's Ski Jumping USA athletes.
A new national marketing campaign run by the National Fluid Milk Processor Promotion Board recognizes winter sports athletes and shows their preparations for the Winter Olympics. The campaign showcases the benefits of drinking low-fat chocolate milk after exercise.
A fire at a factory known as the world's largest maker of knishes has created a nationwide shortage of the Jewish treats, which are filled with pureed potatoes and other filling. But the factory has promised to have plenty knishes by Thanksgiving, which this year coincides with the start of Hanukkah.
PepsiCo plans to invest $5.5 billion in India by 2020 as it focuses on growth in emerging markets. The maker of Mt. Dew, Gatorade and Frito-Lay chips plans to spend the money on new products, agriculture programs, selling infrastructure and manufacturing capabilities.
A fire at a factory billed as the world's biggest maker of knishes has created nationwide shock and oy for those who can't seem to find the Jewish treats anywhere. Kvetching has been going on at delis, diners, food carts and groceries ever since.
The cheese plant at Ravenna in central Nebraska has closed as expected, costing the city more than 170 jobs. Friday was the last day of production at the Leprino Foods plant. Plant officials had blamed a diminishing dairy supply for the plant's closure.
The U.S. and the EU sought Monday to get past a rough patch in diplomatic relations to resume talks on a free trade deal that would grow the world's biggest business relationship. Negotiators for the Obama administration and the EU say an agreement would create jobs and boost growth in the two economies.
In the tug-of-war between public health and personal freedom, the Food and Drug Administration's decision to ban trans fats barely rates a ripple two decades after health activists began warning Americans that it was clogging their arteries and causing heart attacks.
The most familiar, tried-and-true flavors may have impressive staying power on menus, but Technomic's most recent flavor findings also signal the need for operators and suppliers to stay on top of flavor trends by reinvigorating classic offerings with new and unique twists.
David Brooks, president of Coca-Cola's Greater China and Korea business unit, told Bloomberg earlier this week that Coca-Cola plans to invest more than $4 billion in China between 2015 and 2017 to build factories and add new products to its portfolio.
In its first crop supply and demand report since the partial government shutdown, the USDA said it expects 13.99 billion bushels of corn, more than the September forecast of 13.8 billion bushels. The previous record was 13.1 billion in 2009.
WhiteWave Foods Co.'s shares jumped Friday after the maker of Horizon Organic milk and Silk soy products reported a better-than-expected third quarter. The company earned 19 cents per share for the period on an adjusted basis with revenue of $638.5 million.
More than 90 tons of ready-to-eat salads and sandwiches by a California catering company are being recalled after 26 people in three states were sickened by a bacterial strain of E. coli linked to its products, federal health officials said Sunday.
Michigan apple growers are looking to get their apples to fall asleep to keep them fresh. Two techniques are keeping apples fresh and flavorful longer than ever, with some varieties "sleeping" for as many as 9 to 10 months to keep consumers happy until the next harvest.
This year's Michigan apple crop is expected to be 10 times as plentiful as last year's disappointing output. While the big bounce-back is welcomed in the nation's third-largest apple-producing state, the bounty presents its own challenges.
Farmer Joe Morette is raising about 50 Thanksgiving turkeys this year, and he's feeding them a unique diet that includes beer. Morette insists that the beer makes the birds fatter, more flavorful and juicier. Longtime customer Dan Bourque said the turkeys are much better than those available at the supermarket.
A burst of hiring in the month of October added a surprisingly strong 204,000 jobs to the economy in a month when the government was partly shut down for 16 days. And employers added far more jobs in August and September than previously thought.