DOWNERS GROVE, Ill. (AP) — Sara Lee Corp. said Monday that it received a roughly $159 million offer from French private equity firm Sagard for its European chilled dough business. Sara Lee, based in Downers Grove, Ill., has been selling off a number of its business lines as it prepares to split into two units.
HOUSTON (AP) — Sysco Corp.'s net income rose 1.2 percent in its fiscal first quarter as it passed along sharply higher food costs amid soft consumer spending. The company, which sells food to restaurants, hotels and other food establishments, has seen business slow as consumers visited fewer restaurants in the down economy.
DODGE CITY, Kan. (AP) — Workers at a Dodge City meatpacking plant have voted in favor of union representation. The National Labor Relations Board supervised the two-day election at National Beef Packing Co. The agency said Monday that the vote was 1,292 in favor and 824 against representation by the United Food and Commercial Workers International Union.
LONDON (Datamonitor) — Lu Lin Tea Cubed offers tea in cube-shaped bags that stay firm and allow the use of whole tea leaves without the leaves getting crushed. This UK product was the innovation of the week from Datamonitor’s Product Launch Analytics. Calif.
BAD AXE, Mich. (AP) — The owners of a Michigan dairy farm who pleaded guilty to hiring illegal immigrants are getting support from businesses that rely on the farm in their effort to avoid jail time. John and Anja Verhaar pleaded guilty to misdemeanor charges and acknowledged employing 78 illegal immigrants from 2000 through fall 2007.
SILVER SPRING , Md. (FDA) — The FDA is warning consumers not to eat certain ASSI Brand frozen oysters, which were linked to norovirus cases in Washingston state. Fast Facts The U.S. Food and Drug Administration is warning consumers not to eat certain ASSI Brand frozen oysters from Korea following an outbreak of illness in Washington state caused by norovirus .
LOS ANGELES (AP) — Mark Stambler's handcrafted bread was a favorite at Los Angeles specialty food shops until public health officials cracked down on the crusty loaves leavened in his garage and baked in a wood-burning oven in his backyard. The home-baked operation ran afoul of strict food preparation laws that prevent Californians from selling homemade goods.
HONG KONG (AP) — As growth slows in their traditional markets, wine makers from around the world are eager to tap demand in China but industry players say the increased competition and a lack of wine drinking culture mean it won't be easy money. Thousands of people attending a major wine and spirits trade fair last week in Hong Kong sipped and spat countless vintages made by producers ranging from boutique vineyards in New Zealand to famed chateaux from France's Bordeaux region.
NEW ORLEANS (AP) — Expect to pay more for pecan pie this Thanksgiving thanks to drought in parts of the South and big demand from China. The average retail price for a pound of pecans rose from $7 in 2008 to $9 last year, and it's expected to be about $11 this year, said Jeff Worn, vice president of South Georgia Pecan Co.
(AP) — In this photo taken on Nov. 3, 2011, visitors chat at a booth during the Hong Kong International Wine and Spirits Fair in Hong Kong. As growth slows in their traditional markets, wine makers from around the world are eager to tap demand in China but industry players say the increased competition and a lack of wine drinking culture mean it won't be easy money.
KALAMA, Wash. (AP) — Bennu Glass has secured the financing and permits needed to reopen the shuttered Kalama wine bottle factory and will start hiring employees in January, company officials said Wednesday. "We've got people to hire, people to train and equipment to turn on," said Jerry Lemieux, CEO of Bennu Glass.
November 4, 2011 TWIN FALLS, Idaho (AP) — Executives from New York-based Agro Farma have picked Twin Falls as the home for a new western manufacturing plant for its Chobani yogurt. Company officials joined state and local leaders Thursday to announce plans to build a $100 million production facility and add 400 jobs to the local economy, the Times-News reported.
FRESNO, Calif. (AP) — California's long-running water wars typically pit farmers against environmentalists, but this time the state's growers are facing off against each other about plans to build a massive water system in the Sacramento-San Joaquin River Delta. Farmers like Steve Heringer, whose family has grown grapes and grains near the Northern California town of Clarksburg for five generations, said plans for a new canal or tunnel that would carry river water to farms and cities in the south could ruin his land.
SHANGHAI (AP) — PepsiCo Inc. has agreed to swap its holdings in its mainland China bottling operations for a stake in the beverage business of Tingyi Holding Corp., aiming to beef up its distribution in the fast-growing Chinese market. PepsiCo said Friday that it will transfer its interests in its bottling operations in China to Tingyi-Asahi Beverages Holding Co.
ABIDJAN, Ivory Coast (AP) — The world's largest cocoa producer is restructuring the industry in an effort to guarantee Ivory Coast farmers a minimum price, though some economic experts are already warning that the plan won't entirely protect growers from market volatility. Agriculture Minister Sangafowa Coulibaly said Thursday that the government will create a state-controlled company that will guarantee farmers 60 percent of the international cocoa price.
(AP) — In this photo taken Wednesday, Nov. 2, 2011, farmer Steve Heringer is seen in his families vineyard near Clarksburg, Calif. Heringer fears that the slew his family gets irrigation water from could be run dry by the construction of a new proposed water diversion system. (AP Photo/Rich Pedroncelli) Read more at Calif.
NORTHFIELD, Ill. (AP) — Kraft Foods Inc.'s third-quarter profit jumped 22 percent as higher prices helped offset increased costs for the food maker. The company reported Wednesday that it earned $922 million, or 52 cents per share, for the quarter that ended Sept. 30. That's up from $754 million, or 43 cents per share, last year.
DES MOINES, Iowa (PRNewswire/National Pork Board) — Nine out of 10 Americans are looking to incorporate retro dishes into their holiday menus this year, according to the National Pork Board's second annual "Holiday Table Trends" survey. Whether you're hungry for nostalgic flavors or modern twists, set a place for pork this holiday season as trendy takes on deviled eggs and reinvented brunch classics make their way to the table.
SAO PAULO (AP) — The Brazilian subsidiary of PepsiCo has reportedly purchased one of the South American country's biggest cookie and cracker producers. The O Estado de S. Paulo newspaper is reporting that PepsiCo do Brasil has agreed to pay between 800 and 900 million reals (between $460 and $517 million) for Mabel, described as one of Brazil's five biggest cookie and cracker producers with a daily production capacity of 1.
RICHMOND, Va. (AP) — The Humane Society of the United States has filed a complaint against Smithfield Foods, saying the world's largest pork producer continues to mistreat pigs despite a corporate push to convince consumers and shareholders it treats the animals well. The animal rights organization filed the complaint with the U.