Corn Products International Inc. posted a better-than-expected quarterly profit for the second time in a row as it hiked prices to protect margins, and the company forecast full-year 2012 revenue above Wall Street expectations.
Frutarom Industries Ltd. signed an agreement for the acquisition of the Brazilian Mylner Indústria E Comércio, in return for approximately $15.7 million.
Nestle Prepared Foods Company is relocating its Hot Pockets and Lean Pockets brand frozen sandwich and snacks business team from Englewood, Colorado to its headquarters location in Solon, Ohio.