Goya Foods, America’s largest Hispanic-owned food company, has opened a state-of-the-art distribution center in Georgia to help it expand its business in the Southeast. Located at 4005 Haworth Parkway in McDonough, the facility hosted a ribbon-cutting ceremony and tours Sept. 17. “We are so happy and excited to open the doors of our new distribution center and […]
Category: Suppliers
Posted in, National, Suppliers
United Fresh Honors Paramount Citrus As Industry Advocate Of Year
The United Fresh Produce Association honored Paramount Citrus as the Produce Industry Advocate of the Year earlier this week at The Washington Conference. Paramount Citrus has been a longtime leader in the public policy arena, serving on several of United’s boards and councils, including United’s board of directors. Additionally, Paramount Citrus executives have been major […]
Posted in, Southwest, Suppliers
New Tyson Leadership Team In Place Following Hillshire Acquisition
Tyson Foods Inc. has completed its merger with The Hillshire Brands Co. Shares of Hillshire Brands common stock have been delisted and are no longer traded on the New York Stock Exchange and Chicago Stock Exchange. The combination of Tyson Foods and Hillshire Brands creates a single company with more than $40 billion in annual sales […]
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Report: CPG Companies Must Plan For A Digital Future
Consumer packaged goods (CPG) companies need to plan for a “1-5-10” market in the U.S. during the next five years, in which digital’s current 1 percent penetration will likely expand to 5 percent and could accelerate to as much as 10 percent in short order, according to a new report, “The Digital Future: A Game […]
Posted in, Beverage News, National, Suppliers
Coca-Cola, Monster ‘Swapping’ Some Brands
The Coca-Cola Co. and Monster Beverage Corp. have entered into definitive agreements for a long-term strategic partnership that is expected to accelerate growth for both companies in the fast-growing, global energy drink category. The deal involves the companies “swapping,” or transferring, some brands. The companies say the new, innovative partnership leverages the respective strengths of […]
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Cutrale, Safra Groups Propose To Acquire Chiquita For $625M In Cash
The Cutrale Group, an agribusiness and juice company, and investment firm Safra Group have proposed to acquire 100 percent of the outstanding stock of Chiquita Brands Inc. for $13 per share, or approximately $625 million, in cash. This proposal represents a premium of 29 percent to Chiquita’s closing share price of $10.06 as of Aug. […]
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‘Gluten-Free’ Labeling Rule Now In Effect
In August 2013, the Food and Drug Administration issued a final rule that defined what characteristics a food has to have to bear a label that proclaims it “gluten free.” The rule also holds foods labeled “without gluten,” “free of gluten” and “no gluten” to the same standard. Manufacturers had one year to bring their […]
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Pilgrim’s Pride To Acquire Tyson’s Mexican Poultry Biz For $400M
Pilgrim’s Pride Corp. has entered into a definitive agreement to purchase the totality of the poultry businesses of Tyson Foods Inc. in Mexico for $400 million. Pilgrim’s Pride is majority owned by JBS USA Holdings Inc., a wholly owned subsidiary of JBS S.A. The transaction will be paid for in cash, pending regulatory approvals. Pilgrim’s […]