Mann Packing is expanding its staff with the addition of Christine Keller as the new director of marketing and innovation, and Fernando Azevedo as a national account manager. The director of marketing and innovation is the primary manager of the entire portfolio of Mann products for both retail and foodservice. This includes, but is not […]
Category: Suppliers
Posted in, Suppliers, West
Del Monte Shareholders Approve Buyout
Del Monte Foods Co. said Monday that shareholders approved the company’s buyout by private equity investors KKR, Vestar Capital Partners and Centerview Capital, reports the San Francisco Business Times. The deal, reached on last Thanksgiving Day, is expected to close this week. The buyout was approved by 99 percent of shareholders voting, with 149.8 million […]
Posted in, National, Suppliers
Skippy Orders Peanut Butter Recall
The company that makes Skippy peanut butter has announced that a limited amount of Reduced Fat Creamy Peanut Butter and Reduced Fat Super Chunk Peanut Butter spread with expiration dates in May 2012 has been recalled because they may potentially have been contaminated with Salmonella. According to the U.S. Food and Drug Administration, the 16.3-oz. […]
Posted in, National, Suppliers
Heinz to Acquire Brazilian Firm
H.J. Heinz Co. announced a major gain March 3 in its push into emerging markets—the purchase of an 80 percent stake in a Brazilian food company, reports The Associated Press. Heinz, the world’s largest ketchup maker, has relied recently on emerging markets like China, India and Russia to fuel its growth. Its plan to acquire […]
Posted in, Beverage News, Southeast, Suppliers
Coca-Cola Pulls Sodas in St. Louis
The Coca-Cola Co. has pulled sodas from shelves at St. Louis stores after customers complained of a metallic taste. There was a slight surge in minerals in the water used to make the soda at the drink giant’s Maryland Heights plants, said Kevin Morris, spokesman for Atlanta-based Coca-Cola to the Atlanta Business Chronicle. The recalled […]
Posted in, Beverage News, Southeast, Suppliers
Coca-Cola Buys Remainder of Honest Tea
The Coca-Cola Co. has exercised its option to acquire the remaining 60 percent of Maryland-based organic bottled tea maker Honest Tea, reports The Atlanta Journal-Constitution. The companies described it Tuesday as a chance to make organic drinks more mainstream. What they didn’t say is that it also may be a chance to invigorate Coca-Cola’s tea […]
Posted in, Beverage News, Southwest, Suppliers
Molson Coors 4Q Net Declines as it Sells Less Beer
Denver-based Molson Coors Brewing Co. says its net income fell 51 percent in the fourth quarter as it sold less beer and dealt with rising costs for taxes, ingredients and fuel. The Denver-based brewer reported Thursday that it earned $109.8 million, or 58 cents per share, for the quarter that ended Dec. 25. That’s down […]
Posted in, Beverage News, National, Suppliers
PepsiCo 4Q Net Income Falls
New York-based PepsiCo Inc.’s fourth-quarter net income fell 5 percent because of higher costs and cut its earnings forecast on a dim view of the economy. Shares of the maker of soft drinks, Frito-Lay snacks and Quaker cereal fell nearly 3 percent in pre-market trading. Net income fell to $1.37 billion, or 85 cents per […]