Food and beverage manufacturers with offices and factories on the East Coast have taken precautions to protect staff and keep their businesses running as smoothly as possible as Hurricane Sandy kicks in.
Flowers Foods has expanded its bakery empire with the acquisition of certain Sara Lee and Earthgrains assets and trademarks in California and Oklahoma City from Grupo Bimbo subsidiary BBU, Inc, for an undisclosed sum.
Underlying sales growth in North America dipped 3.5% at Unilever in the third quarter of 2012, although emerging markets continue to “offer outstanding growth opportunities”, said the firm.
The Hershey Company has reported a profit drop in its third quarter (Q3) results after tax rate rises, commodity costs and charges related to supply chain efficiencies hit the company’s results.
After buying Vermont Hard Cider Company for $305m, C&C Group said the firm offered it strong growth prospects due to low US cider penetration, while the deal also snagged it 20% of a Chinese start-up brand.
Dr Pepper Snapple CEO Larry Young has urged patience on the firm’s new mid-calorie TEN portfolio, as analysts quizzed him on whether the brand was cannibalizing regular Dr Pepper sales, down 2% in Q3 2012.
Twinkies-maker Hostess Brands says it hopes it will be able to exit Chapter 11 in a few months, but has warned employees in the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) that strike action will force it to liquidate...
PepsiCo has joined forces with Feed The Children, Walmart and Central Union Mission to distribute food, drink and personal care products to 800 impoverished families in Washington DC.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
A Chicago company has sued Nestlé over claims that 5-gallon water jugs it bought for its office dispensers were advertised as spring water when in fact they were filled with tap water.
Kellogg’s recent recall of two cereal products following a metal mesh contamination scare will cost the firm between $20-30m and will hit consumer trust in the short-term, an analyst says.
A California beverage company called LifeAID is trying to carve out new territory between energy beverages and sugary hydration drinks with a line of products aimed at golfers, cross fit enthusiasts and, now, partiers.
Unilever has added new ‘challenges and wants’ to its open innovation platform, this time seeking help with a stable natural red colour for fruit and dairy, and technologies to reduce sugar in ready to drink teas.
