General Mills executives today will share the company’s new product innovation plans during the company’s annual Investor Day meeting at the New York Stock Exchange (NYSE). “Product innovation is the fuel that creates category growth,” says Ken Powell, chairman and CEO of General Mills. “We have a robust new product plan, with more than 200 […]
Category: Suppliers
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Flowers Receives Approval To Acquire Hostess Bread Brands, Bakeries
Flowers Foods Inc. confirms that it has received regulatory approval pursuant to the Hart-Scott-Rodino Act to acquire the Wonder, Nature’s Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and 36 depots from Old HB Inc., formerly known as Hostess Brands. Thomasville, Ga.-based Flowers expects to complete the transaction in the coming weeks. In […]
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Carl Buddig, Old Wisconsin Kick Off Road Trip Promotion Next Week
Carl Buddig & Co. and Old Wisconsin are kicking off a Family Road Trip promotion offering consumers a chance to win a $25,000 grand prize. The promotion begins July 2 and runs through Sept. 30. The Family Road Trip will feature a variety of other rewards, including $10,000 in weekly instant-win prizes, coupons and more. […]
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Racing To Build Homes For Injured Soldiers With Cargill’s Help
Roush Fenway Racing (RFR) is partnering with Cargill Ground Beef and Homes for Our Troops to take a specially designed No. 6 NASCAR Nationwide Series (NNS) car to Kentucky Speedway with two goals: raising money to build homes for severely injured military veterans, and winning today’s on their behalf. “I’m so proud to be racing […]
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Nestle Announces New Product Technology Center In Ohio
Nestle S.A. will invest $53 million to establish a new building that will expand the existing R&D facility in Solon, Ohio. The new center will be designated as a global Product Technology Center (PTC), dedicated to frozen and chilled foods research, and will serve Nestle’s businesses worldwide. The new building will be located on 18 […]
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Twinkies Returning To Shelves Next Month
Americans will be celebrating more than their independence and freedom next month. They also will be able enjoy their beloved Twinkies snack cakes. Hostess Brands LLC, maker of Twinkies, says the product as well as Hostess CupCakes, Ding Dongs, Donettes and other classic treats, will be back on store shelves July 15. In the meantime, […]
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Report: Del Monte Foods Considers Sale Of Iconic Canned Food
Del Monte Foods is considering the sale of its ubiquitous but slow-growing canned-food business, the Wall Street Journal reports. The San Francisco-based company would focus on its profitable pet food business, which includes Milk-Bone and Kibble ‘n Bits, 9Lives and Meow Mix, according to the San Francisco Business Times. Del Monte added to its offerings […]
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Kraft Foods Group Creates Two New Business Units
Kraft Foods Group plans to create two new standalone business units: Meals and Desserts, and Enhancers and Snack Nuts. With the creation of these new business units, the company says it will be able to place even greater focus on brand building while reducing the complexity of managing a portfolio with many distinct brands and […]