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 […]
Category: Suppliers
Posted in, National, Suppliers
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 […]
Posted in, Suppliers, West
House Foods America Acquires El Burrito Mexican Food Products
House Foods America Corp., subsidiary of House Foods Corp. Japan, has completed its acquisition of El Burrito Mexican Food Products Inc., a leading healthy Mexican food brand based in City of Industry, Calif. The transaction includes substantially all of the assets of the company, which will be renamed El Burrito Mexican Foods Products Corp., and […]
Posted in, Southwest, Suppliers
Cargill Donates 600 Turkeys To Arkansas Foodbank
Cargill’s turkey processing facility in Springdale, Ark., collaborated with the tri-state Poultry Federation representing Arkansas, Missouri and Oklahoma to donate 600 turkeys—totaling 15,400 pounds—to the Arkansas Foodbank in Little Rock, including a truckload of turkeys delivered this week for Thanksgiving. Over the past 20 years, Cargill’s Springdale facility has donated more than 288,000 pounds of […]