Whether part of a sound maintenance plan or a larger strategy capitalizing on changing consumer food and packaging preferences, the reality is that new equipment acquisitions and production line retooling from time-to-time are essential.
Morgan Stanley analyst Matthew Grainger on Monday upgraded his rating on Kraft Foods Group Inc...
Sysco, one of the largest food supply companies, is buying privately held US Foods for about $3....
Premium adult beverages are providing momentum to the on-premise channel despite cautious consumers, according to a new study. Higher-priced spirits and beer categories, in particular, are growing in restaurants and bars, although the channel is slowing overall.
The packaging company WhiteWave Foods, whose brands include Silk, Land O'Lakes and Horizon Organic, is buying the organic food maker Earthbound Farm for about $600 million. Earthbound, best known for its organic packaged salads, is expected to have 2013 sales of more than $500 million.
Consumer packaged goods (CPG) companies are underestimating the e-commerce channel's growth potential and consequently may be missing out on a substantial market opportunity, according to the first of a two-part study, "Digital Commerce in the Supermarket Aisle."
The dairy industry is affected by many unique factors, including regulation like the Farm Bill. Food Manufacturing spoke with Bill Brooks of FCStone about the state of the dairy industry and what issues should be top-of-mind for dairy processors.
The annual meeting of American Crystal Sugar Co. highlighted the company's 40th year as a farmer-owned cooperative, but there was little cause for celebration among shareholders. Total grower payments are down more than $300 million in the last year.
Economic activity in the manufacturing sector expanded in November for the sixth consecutive month, and the overall economy grew for the 54th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
U.S. consumers increased their spending in October even though their wages and salaries barely increased, raising questions about how strong the economy will grow at the end of the year. Consumer spending increased 0.3 percent in October compared with September when spending rose 0.2 percent.
Kentucky's farm economy shifted into over-drive as a money maker this year, backed by robust equine, poultry and cattle markets and predictions of record grain yields that are putting total cash receipts on a rapid trajectory toward $6 billion, agricultural economists said Thursday.
A New Year's deadline that could send the price of milk skyward looms over congressional negotiators as they try to reach agreement on a five-year farm bill. They've been tripped up by differences over the nation's food stamp program and how to restructure farm subsidies.
U.S. factories received fewer orders in October, as aircraft demand fell and businesses cut back on computers. Orders for non-durable goods, such as food, fell 0.2 percent and have declined for the past three months, according to the report.
The J.M. Smucker Co.'s shares fell Thursday after a Wells Fargo Securities analyst downgraded his rating on the company, citing concerns about its coffee business. The company, based in Orrville, Ohio, makes Folgers coffee, Jif peanut butter and Crisco shortening.
San Francisco-based White Oak Global Advisors submitted the winning $44.3 million credit-and-cash bid for an idled South Dakota plant during a bankruptcy court auction in Sioux Falls. Northern Beef Packers filed for bankruptcy in July because it lacked money to buy cattle for slaughter.
A new survey shows that CEOs of the largest U.S. companies are a little more optimistic about the economy's prospects and expect a boost in hiring. The Business Roundtable, an association of chief executives at the 200 largest U.S. companies, released the index.
A survey of chief executives at the largest U.S. companies shows a growing number are slightly more optimistic about the economy's prospects for the next six months and expect to boost hiring. The Business Roundtable said its index measuring CEO outlook rose to 84.5 in the October-December quarter.
Fast-food workers are set to turn out in support of higher wages in cities across the country Thursday. Organizers say walkouts are planned in 100 cities, with rallies set for another 100 cities. But it's not clear how many of the participants are workers and what impact they'll have on restaurant operations.
A Green Bay, Wis.-based beef processing company has submitted the minimum $12.75 million bid for an idled South Dakota plant. American Foods Group's bid for Northern Beef Packers allows it to become a qualified bidder in an auction scheduled for Thursday.
MFA Oil Co. plans to buy the 33-acre site in Moberly where Mamtek U.S. had planned to build an artificial sweetener plant before that company collapsed, MFA officials said. MFA said Tuesday it had no specific plans for the land and the half-constructed buildings.
Strong demand for its Jack Daniel's brand and other premium whiskeys helped liquor producer Brown-Forman Corp's net income rise 19 percent. The strength in whiskey more than offset a shakier performance by some of the company's other spirits.
United Natural Foods said Tuesday its net income rose 29 percent in the fiscal first quarter as sales improved and it was free of a one-time charge that weighed its year-ago results. The Providence, R.I., company distributes natural and organic and specialty foods.
After years in which the ease of instant communication via e-mail and smartphones allowed bosses to place greater and greater demands on white-collar workers, some companies are beginning to set limits, recognizing that successful employees must be able to escape from work.
A lawsuit is seeking $30 million from an investment banking firm and employees accused of committing fraud in a failed sweetener factory project in central Missouri. Steve Hollister, senior manager of public communications for Raymond James Financial Inc., said the company denied wrongdoing.
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.
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.
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.
Hollifield Ranches is appealing a ruling in bankruptcy court saying it must pay nearly $1 million after breaching a cattle-feeding contract. The company filed the appeal last week in U.S. District Court in Boise after a judge ordered it to pay Tyson Fresh Meats $958,442.
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