The Economic Development Growth Engine of Memphis & Shelby County has approved an application for payment-in-lieu-of-taxes benefits for J.M Smucker LLC for a proposed expansion of the company’s Memphis, Tenn., facility. The Memphis Business Journal reports that Smucker is planning a $55 million expansion that will add 65 new jobs to the 60 existing local […]
Category: Suppliers
Posted in, Beverage News, National, Suppliers
Campbell Expanding Production, Distribution Capabilities In Mexico
Campbell Soup Co. has entered into commercial arrangements with Grupo Jumex and Conservas La Costeña that will expand the Camden, N.J.-based company’s access to manufacturing and distribution capabilities in Mexico for its beverages, soups, broths and sauces. Grupo Jumex, the largest producer of fruit juices and nectars in Mexico, will manufacture and distribute Campbell’s “V8” […]
Posted in, Amazon Fresh, Northeast, Suppliers, Whole Foods
Consumer Being Hoodwinked By Credit Card Surcharge Bill
by Linda Doherty/NJFC President The New Jersey Legislature has fast tracked legislation that would prevent retailers from charging credit card transaction fees to consumers and yet credit card companies and big banks can continue the predatory practice of charging retailers exorbitant credit card fees. A few things are curious about this rush to legislate. Not […]
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Campbell Soup Co. Named To Global 100 Most Sustainable Corporations
Campbell Soup Co. has been named to the Global 100 Most Sustainable Corporations in the World in a ranking by Corporate Knights, a media and investment research company. Camden, N.J.-based Campbell is one of 10 U.S. companies, and the only U.S. food and beverage company, to make the Global 100. The Global 100 drew companies […]
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Seneca Foods Acquires Independent Foods
Seneca Foods Corp. has completed the acquisition of Independent Foods LLC. This business, based in Sunnyside, Wash., is a processor of canned pears, apples and cherries in the United States. Its product suite is sold via branded and private label items to the retail, foodservice and industrial markets. “We believe that these operations are a […]
Posted in, Midwest, Perishables, Suppliers
OpenGate Capital Closes Golden Guernsey Dairy Business
Waukesha, Wis.-based milk processor Golden Guernsey, a portfolio company of private investment and acquisition firm OpenGate Capital, has filed for Chapter 7 bankruptcy in Delaware. This action follows the Jan. 5 closing of Golden Guernsey’s facility. OpenGate Capital acquired Golden Guernsey in September 2011 from Dean Foods after the U.S. Department of Justice required Dean […]
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Hormel Foods Buys Skippy Peanut Butter Brand For $700M
Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced today. CNNMoney reports that Hormel said Skippy has annual sales of $370 million, nearly $100 million of which comes from outside the U.S. Skippy, which was first introduced […]
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Hostess Employees Hope Buyer Will Put Them Back To Work
Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work, according to the Jacksonville Business Journal. Irving, Texas-based Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned […]