Dutch food firm Wessanen has taken full ownership of Favory Convenience Food by purchasing an additional 35.9%stake from Rabo Capital for EUR5m($6m). Wessanen noted that this purchase follows strategic review of its frozen foods ...
Tags: stake, frozen foods, frozen snack
US food company Rich Products plans to invest $18m to expand and revamp its customer innovation center at its headquarters in Buffalo, New York. The expanded customer innovation center will facilitate customer interaction from across the ...
Tags: food, invest, Rich Products, customer innovation center
CJ Foods, a South Korean producer of frozen foods in South Korea, has announced the launch of CJ Bibigo Fully Cooked Whole Grain Potstickers. The company noted that the new product offers a healthy twist on classic Asian potstickers, and ...
Tags: Cooked Whole Grain Potstickers, BBQ Flavored Chicken and Chicken
US Foods has opened a newly expanded 135,000 ft2 distribution facility in Albuquerque, New Mexico, to better serve the customers in New Mexico, West Texas and Southern Colorado markets. According to the company, the expansion project has ...
Tags: US Foods, Distribution Facility, New Mexico
Baristas Coffee Company has entered into a product development and distribution agreement with Calip Dairies, a New York based regional ice cream and frozen foods distribution company, in order to launch its newly developed branded ice ...
Tags: Baristas, Distribution Agreement, Ice Cream Distribution Company
Shares in cereal and snacks giant Kellogg rose today(1 November)after the Special K and Pringles owner reported better-than-expected third-quarter earnings. However,the US group still reported a slide in internal operating profit,which ...
Tags: Kellogg, cereal, snacks, Pringles, Third Quarter Result
The fourth review of the trade policies and practices of Bangladesh takes place on 15 and 17 October 2012.The basis for the review is a report by the World Trade Organization(WTO)Secretariat and a report by the Government of Bangladesh. ...
Tags: WTO, Trade Policies, global economic crisis
Gerresheimer dedicated a new $11 million rooftop solar system Wednesday that allows the company to continue its pharmaceutical glass production with environmentally friendly energy. The solar project involved nine months of work. KDC Solar ...
Tags: market view, glass
American Biotechnology company Senomyx has announced that its four initial savory flavors and its S2383 flavor ingredient have been approved in the European Union(EU). The company's four savory flavor ingredients can be used to create new ...
Tags: flavor ingredient, sweetener, markets
UK frozen food manufacturer Iglo Group has booked an increase in first-half profits but warned it expects markets in the second half of the year to remain "challenging". EBITDA in the six-month period climbed 12.8% to GBP180.3m ...
Tags: frozen food, snacking, takeaway style, fish, poultry, vegetables
US packaged foods company ConAgra has completed the acquisition of Unilever's North American frozen meals business for a total cash consideration of$267m,a move which will strengthen its frozen food business. The agreement to acquire ...
Tags: acquisition, frozen meals business, cash consideration
Indian Ice cream and frozen foods firm Vadilal Industries plans to invest INR306.2m($5.52m)to expand and modernize its production facilities. This project will cover the company's facilities in Gujarat,Uttar Pradesh,and its processed food ...
Tags: production facilities, net profit, net sales
Solid-state lighting,the LED in particular,has advanced to become a promising light source because of its ability to save energy and money,reduce environmental pollutants,and provide custom,quality lighting.This advancement could not have ...
Tags: ASSIST, LED, Rensselaer, Lighting
JBT FoodTech,an American food processing machinery provider owned by JBT,has signed a$4m cooking and freezing equipment supply contract with an international frozen food provider. Under the deal,JBT FoodTech will supply and develop ...
Tags: cooking and freezing equipment, contract, refrigeration system
Unilever has offloaded its frozen meals business in North America to ConAgra Foods, the consumer goods giant announced today (30 July). The US$265m sale of products sold under brands including Bertolli and P.F. Chang's was part of ...
Tags: Unilever, frozen meals, food, frozen foods