Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Price increases to offset higher commodity costs has boosted sales - and therefore profits - at US nut firm John B. Sanfilippo & Son. The company booked net income of US$7.5m for the quarter to 27 September, compared to $2.2m a year ...
Tags: commodity costs, sales, food market, food industry
Nestle has added a limited edition white chocolate variant to its Kit Kat Chunky brand in the UK. Available from 17 September, Kit Kat Chunky White is being launched as a result of a campaign by the confectioner for consumers to choose ...
Tags: Nestle, white Kit Kat, white chocolate, white chocolate bar
Hershey and US baker Flowers Foods have teamed up to develop cakes for Hallowe'en in the US. The companies have launched Kandy Bar Kakes, a product they describe as "the perfect blend of cake and candy". Lines include S'mores Kandy Bar ...
Tags: Cakes, Kandy Bar Kakes, peanut butter
Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry
General Mills has recalled one day's production of Almond Nature Valley Sweet and Salty Nut granola bars in the US because of a "labelling issue". The company said it has issued the voluntary recall because the product may contain ...
Tags: Almond Nature Valley Sweet, Salty Nut granola bars, Nut, Nut products
General Mills is launching a line of Nature Valley granola bars in the UK this month. The Sweet & Nutty product in two flavours - peanut and almond. The launch will be supported by a GBP3m (US$4.8m) consumer awareness campaign, including ...
Tags: Valley granola bars, category's appeal, incremental sales
Speech by the Mayor As one of the cradles of China's modern industry and the largest port in north China, Tianjin is a modern city with profound historical culture and full of strong passion. Characterized by its prosperous commerce, ...
Tags: Tianjin municipality, survey, economy, investment
ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year. The $90-a-share deal, which values Ralcorp at US$6.8bn, was announced today (27 ...
Tags: Ralcorp Holdings, Post Holdings, packaged food companies
US-based company Xan Confections is voluntarily recalling 13 of its gourmet peanut butter chocolate products over salmonella contamination. The voluntary recall was issued upon learning that Sunland, supplier of the peanut butter used in ...
Tags: Xan Confections, recall, gourmet peanut butter chocolate, food safety
US-based supermarket chain US-based supermarket chain Stop & Shop has announced that it removed organic mini peanut butter sandwich crackers following a recall by Late July Organic Snacks. The recall was made due to Salmonella ...
Tags: Stop and Shop, sandwich, recall, food safety
II . Economy i. Economic Aggregate Economic aggregate of Shandong ranks 2nd place in our country. In 2005, Shandong realized GDP 1.8 trillion Yuan,15% higher than the previous year. The growth rate has kept two-digit number for 15 ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey
US-based casual dining restaurant chain PF Chang's has introduced new sweet treats to its dessert menu.Customers can order a single item or a combination of three treats. The new menu features Salted Caramel Chocolate Cake,Blueberry ...
Tags: sweet treats, cake, holiday season, gluten-free options