Move could drive $200 Million in annual cost savings and streamline organization structure
February 19, 2015
The company will also discuss a major new cost reduction initiative and a significant initiative to simplify its organization structure in order to improve its agility in the marketplace. Campbell expects these steps to generate annual cost savings of at least $200 million over a three-year period.
The move expands the company's ready-to-eat sandwich platform with premium, handcrafted stuffed sandwiches
February 19, 2015
AdvancePierre Foods, a supplier of value-added protein and sandwich solutions to foodservice, retail and convenience channels, announced that it will acquire the manufacturing assets of Better Bakery, LLC (“Better Bakery”), a Valencia, Calif.-based manufacturer of premium stuffed sandwiches.
Company to commercialize carrageenan products in the United States and Canada
February 18, 2015
Ingredion Incorporated, a leading global provider of ingredient solutions, announced today that it has entered into a commercial agreement with Gelymar, one of the top four producers of carrageenan, based in Santiago, Chile. Ingredion will commercialize Gelymar’s carrageenan and textural solutions for the food and personal care industries in the U.S. and Canada.
Enjoy Life offers more than 40 products, including cookies, chocolate, snack bars, and savory snacks
February 17, 2015
Mondelez International announced the acquisition of Enjoy Life Foods, a private U.S. snacking company and the market-leading brand in the fast-growing "free from" segment.
Kraft Foods Group, Inc. announced management changes that will position the company for future growth and success. George Zoghbi, currently Vice Chairman, Operations, R&D, Sales and Strategy, has been named Chief Operating Officer.
Connolly will assume role from Gary Rodkin in April
February 13, 2015
ConAgra Foods, Inc. (NYSE: CAG) is announcing today Sean M. Connolly as its new chief executive officer. Connolly will replace Gary M. Rodkin, current CEO of ConAgra Foods, effective April 6.
Men are shopping frequently and now make just as many monthly store visits as women
February 13, 2015
How and where Americans shop for food is changing dramatically, according to a new study, Food Shopping in America 2014. The study unveils the evolving shopping landscape of not only where people shop, but who is doing the shopping. Increasingly, men (who now compose 43 percent of primary shoppers) are shopping frequently and they now make just as many monthly store visits as women.
Moves position company for continued growth following planned acquisition of Big Heart Pet Brands
February 11, 2015
The J.M. Smucker Company announced a series of key executive promotions designed to position the company for continued growth and success following the recently announced planned acquisition of Big Heart Pet Brands, which is expected to be completed by the end of the company's fiscal year, April 2015.