NEW YORK (AP) — Bread maker Flowers Foods Inc. said Wednesday it completed its $34.4 million acquisition of Tasty Baking Co. that was announced in April. Flowers, based in Thomasville, Ga., paid $4 per share for Tasty Baking's 8.6 million shares. Including assumed debt and expenses, the deal is worth $175 million.
(AP) — In this May 23, 2011 photo an individual serving packet of Heinz Ketchup is displayed at a restaurant in Robinson Township, Pa. H.J. Heinz Co.'s fiscal fourth-quarter profit rose 16 percent as the world's largest ketchup maker expanded its global reach. (AP Photo/Gene J.
CHICAGO (AP) — JBT Corp. said Tuesday that it plans to build a new plant for its FoodTech division in Lakeland, Fla., with help from state and local government incentives. The division, which makes food processing equipment, plans to close its current Lakeland factory, which was built before World War II.
COLUMBUS, Ohio (AP) — An Ohio marketing guru is trying for a comeback and maintaining his innocence after spending several years in prison for illegally tipping off friends and family to a merger that netted them nearly $900,000 through stock trades. Former Ohio State University professor Roger Blackwell was convicted in 2005 for insider trading involving the Kellogg Co.
HARRISBURG, Pennsylvania (AP) — A federal lawsuit filed by The Hershey Co. against rival candy company Mars. Inc. has been dropped. Hershey's trademark-infringement suit filed in the fall had alleged that new packaging for Mars' line of Dove candies too closely mimicked the orange, brown and yellow packaging of Hershey products including Reese's Peanut Butter Cups.
ANCHORAGE, Alaska (AP) — Waterproof radios, and on-line job and cold-water survival training are among the safety measures planned for clam diggers hired by an Oregon-based company after five contract workers died when their skiff overloaded in the frigid waters of Cook Inlet, it said Tuesday.
AUSTIN, Minn. (AP) — Hormel Foods Corp.'s fiscal second-quarter profit climbed 41 percent despite facing rising food costs, helped by strong performance from refrigerated foods like deli meats and Jennie-O Turkey. The maker of Spam and Dinty Moore stew also raised its full-year earnings outlook.
(AP) — In this photo provided by the U.S. Coast Guard, a Coast Guard MH-60 Jayhawk rescue crew checks out debris sighted by an HC-130 Hercules aircraft crew southwest of Kalgin Island in Cook Inlet May 17, 2011 near Nikiski, Alaska. The company that contracted with five clam diggers working off the coast of Alaska says it is heartbroken by what has occurred.
SILVER SPRING, Md. (PRNewswire)-- The United States Attorney's Office, at the request of the U.S. Food and Drug Administration, filed a verified complaint on May 13, 2011, requesting that the U.S. Marshals seize cheese products distributed by Brunkow Cheese of Wisconsin Inc., after FDA inspections found evidence of rodent infestation.
INDIANAPOLIS (AP) — Two entrepreneurs who relaunched a chocolate-flavored drink called Choc-Ola are hoping baby boomers' taste for nostalgia and consumers' love of anything with chocolate helps make the revived beverage a success. Choc-Ola — a concoction of water, sugar, low-fat milk, cocoa and a handful of other ingredients — debuted in the 1940s and was pitched to a generation of fans in the 1970s by "Cowboy Bob" on Indianapolis television station WTTV-4's children's program.
SACRAMENTO, Calif. (AP) — The state Assembly came to the defense Monday of endangered sharks targeted by fishermen who amputate their fins then toss the live sharks back into the ocean. The Assembly approved AB376, which bans the sale, trade or possession of shark fins, a delicacy that costs hundreds of dollars a pound and is used to create a soup that is popular among some Asians.
HARRISONBURG, Va. (AP) — A federal judge will hear arguments on whether to expedite a federal antitrust lawsuit challenging a poultry producer's purchase of a plant in Harrisonburg. George's Inc. filed a motion last week seeking to expedite the lawsuit filed by the Justice Department.
ORRVILLE, Ohio (AP) — Coffee drinkers will get another jolt at the supermarket: the company that sells Folgers and Dunkin' Donuts brand coffees has announced its second double-digit price increase this year. J.M. Smucker Co. said Tuesday the list price for most of its U.S. coffee products will go up 11 percent, on average, because costs keep rising for unroasted beans.
(AP) — In this March 3, 2011 file photo, meat dept. manager Kevin Morlan prepares to package boneless pork loins at a local Dahl's grocery store in Des Moines, Iowa. The U.S. Department of Agriculture’s Food Safety and Inspection Service will announce Tuesday, May 23, 2011, that it has lowered its temperature recommendation for cooking pork to 145 degrees.
McLean, VA (FPSA) – The Food Processing Suppliers Association ( FPSA ) announced today that it has reached a milestone of 190,000 square feet for the 2011 PROCESS EXPO trade show. The show will be held November 1 – 4 at McCormick Place (South Hall) in Chicago. “We couldn't be more pleased with the progress of the show,” said Scott Scriven, Chairman of the Food Processing Suppliers Association and President of Weber, Inc.
INDIANAPOLIS (AP) — Kraft Foods Inc. will pay $8.1 million to settle a class-action lawsuit over pollution at a former factory in Attica, Ind. The lawsuit, filed in 2009 and representing nearly 130 families, claimed pollution from a former Kraft factory contaminated the groundwater beneath their homes and spread cancer-causing vapors.
WASHINGTON (AP) — Workers who don't trust the boss to keep track of their wages can now do it themselves with a new smart phone application from the Department of Labor. But employers worry that the time sheet app, along with other new initiatives, could encourage even more wage and hour lawsuits.
LONDON (AP) — British lawmakers said Monday they still have "significant concerns" about the takeover of chocolate maker Cadbury by Kraft Foods Inc. — more than a year after the controversial deal. The Business, Innovation and Skills Select Committee also strongly criticized Kraft's chief executive Irene Rosenfeld for refusing to appear before parliamentary hearings into the takeover.
NEW YORK (AP) — Campbell Soup Co. said Monday that its fiscal third quarter earnings rose 11 percent as sales increases in its snack, food service and international businesses offset a decline in its core U.S. soup, sauce and beverage division. Its U.S. soup sales were hurt as it shifted away from heavy discounting in the first half of its fiscal year.
(AP) — In this file product image provided by Campbell's Soup Co., a can of Vegetable Beef soup displaying new labeling, is shown. Campbell Soup said Monday, May 23, 2011, its fiscal third quarter earnings rose 11 percent as sales increases in its snack, food service and international businesses offset a decline in its core U.