Kraft Foods Inc.’s board of directors has approved the spin-off of its North American grocery business and declared a pro rata distribution of shares of Kraft Foods Group Inc. (which will hold the North American grocery business) to holders of Kraft Foods Inc. common stock. The board also declared a regular quarterly dividend of $0.29 […]
Category: Suppliers
Posted in, Suppliers, West
Frito-Lay Rolls Out Growing Fleet Of All-Electric Delivery Trucks
Senior leadership from PepsiCo’s Frito-Lay North America division was joined Aug. 9 by California Gov. Edmund G. Brown Jr., Matt Rodriquez, secretary of the California Environmental Protection Agency and Gregory Winterbottom, chairman of the Mobile Source Air Pollution Reduction Review Committee to announce the growth of Frito-Lay’s California electric truck fleet. Once all of the […]
Posted in, Suppliers, West
California Salmon Harvests Are Up
Salmon fishermen are reporting increased landings of California king salmon with the population rebounding from the low numbers seen since 2007. According to Aaron Newman, chairman of the California Salmon Council, “the salmon are finally back in larger numbers, which is good news for consumers.” Blustery weather this May, when the season opened, kept many […]
Posted in, National, Suppliers
Campbell Completes Acquisition of Bolthouse Farms
Campbell Soup Co. has announced that it has completed the acquisition of Bolthouse Farms from a fund managed by Madison Dearborn Partners LLC, a private equity firm, for $1.55 billion in cash. Campbell funded the acquisition through a combination of short- and long-term borrowings. Headquartered in Bakersfield, Calif., Bolthouse is a vertically integrated food and […]
Posted in, National, Suppliers
Organic Alliance Signs $5.3M Produce Supply Contract
Organic Alliance, a global grower and marketer of fresh, organic and Fair Trade fruits and vegetables, signed an organic produce supply contract that it expects will generate $5.3 million to $6 million in sales revenue. The contract is with a Northern Mexico-based, family-owned grower of certified organic produce with more than 10 years of experience […]
Posted in, Equipment & Technology, Southwest, Suppliers
FoodLink Expands Online Network with United Supermarkets
Texas-based United Supermarkets has selected buying platform FoodLink® as the primary system for sourcing and purchasing all fresh produce across more than 50 stores. “United Supermarkets is a fantastic addition to the FoodLink network,” said Eric Peters, CEO, FoodLink Online. FoodLink is a buying platform that connects all of the participants in the fragmented perishable […]
Posted in, Center Store, Midwest, Perishables, Suppliers
Spartech Expanding Muncie Plant, Adding 30 Jobs
Plastic packaging products maker Spartech will expand its packaging facility in Muncie, Ind., and will add 32 jobs at the plant. The Muncie plant, which was just one of several facilities Spartech considered for the upgrades, has been a part of the Muncie community since 1984 when it opened as part of Ball Plastics. Purchased […]
Posted in, Center Store, Southeast, Suppliers
Snyder’s-Lance Acquires O’Byrne Distributing
Snyder’s-Lance has acquired substantially all assets of O’Byrne Distributing, a snack food distributor serving the Augusta, Ga., area. “We’re excited to expand our direct store delivery (DSD) distribution network in the Augusta market with the addition of O’Byrne,” said Ed Good, president of S-L Distribution, a subsidiary of Charlotte, N.C.-based Snyder’s-Lance. “The strengths of O’Byrne […]