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Maple Leaf Foods expands senior leadership team | 2019-09-10

FoodBusinessNews
MISSISSAUGA, ONT. — Casey Richards has been named senior vice-president of marketing and innovation at Maple Leaf Foods, Inc. Mr. Richards previously was vice-president and general manager of Maple Leaf’s pastry business. Before that, he held marketing and general management positions at Conagra Brands, where he was brand director for...
Food Business News

Wendy’s to launch breakfast nationwide | 2019-09-10

FoodBusinessNews
DUBLIN, OHIO — Wendy’s is taking its breakfast menu nationwide next year. The menu already is available in more than 300 locations. It features signature items including the Breakfast Baconator, Frosty-ccino and Honey Butter Chicken Biscuit. The company, which currently has more than 5,800 locations across the country, said it...
Food Business News

Rich Products names new c.i.o. | 2019-09-10

FoodBusinessNews
BUFFALO, N.Y. — Yexi Liu has been named chief information officer at Rich Products Corp. He succeeds Paul Klein, who is retiring at the end of this year. Mr. Liu most recently was c.i.o. at Westinghouse Electric Co., where he led development of the company’s long-term technology strategy and governance...
Food Business News

Corn, soybeans futures sag on forecasts, revive in technical trading

FoodBusinessNews
Corn, soybeans futures sag on forecasts, revive in technical trading https://www.foodbusinessnews.net/articles/7-corn-soybeans-futures-sag-on-forecasts-revive-in-technical-trading
Food Business News

Sour Punch maker launches first new brand since 1990 | 2019-09-10

FoodBusinessNews
LA PORTE, IND. — American Licorice Co., maker of Sour Punch and Red Vines candy, is launching Aprati Foods, a new hard candy brand. The line is the company’s first new product line since it introduced Sour Punch Straws in 1990. Made with ingredients sustainably sourced from Cambodia, the Aprati...
Food Business News

Soybean Oil in Spotlight as Brands Pivot Toward Heart Health | 2019-09-09

FoodBusinessNews
In 2017, the FDA approved a qualified heart health claim for commodity soybean oil. Then, in November 2018, the FDA approved a similar claim for high oleic oils, including high oleic soybean oil. These recent approvals allow for on-pack heart health messaging, which recent survey data suggest is desirable to...
Food Business News

Blue Bunny manufacturer to acquire Halo Top | 2019-09-09

FoodBusinessNews
LE MARS, IOWA —Well Enterprises, Inc., has entered into a purchase agreement with Eden Creamery, L.L.C. to acquire the Halo Top brand. The transaction, which is expected to close this month, expands Wells’ portfolio to five distinct ice cream brands. Financial terms of the transaction were not disclosed. “Halo Top...
Food Business News

Dean Foods drops consideration of sale | 2019-09-09

FoodBusinessNews
DALLAS — Dean Foods Co. will remain a standalone business. The company has been considering strategic alternatives including a merger, joint venture or sale since February. Eric Beringause, who was named chief executive officer in July, will continue to lead the company’s turnaround efforts. “The board conducted a wide-ranging review...
Food Business News

Strauss Brands building new headquarters | 2019-09-09

FoodBusinessNews
MILWAUKEE – Wisconsin-based meat processor Strauss Brands announced on Sept. 4 that it would build a new 175,000-square-foot headquarters and meat processing operation at Milwaukee’s Century City business park. The company said it would employ 250 workers at the new location. Strauss plans to begin construction later this year with...
Food Business News

McDonald’s serves spicy new sandwich and chicken tenders | 2019-09-09

FoodBusinessNews
CHICAGO – McDonald’s Corp. is heating up its chicken menu with two new offerings sporting a spicy barbecue sauce. Made with jalapeños, the sauce offers a “smoky, sweet, medium heat” flavor profile, McDonald’s said. The new Spicy BBQ Chicken Sandwich features a buttermilk crispy chicken fillet made with all-white meat chicken...
Food Business News

Pollo Tropical parent brings aboard new c.m.o. and c.f.o. | 2019-09-09

FoodBusinessNews
DALLAS — Hope Diaz has been appointed chief marketing officer of Fiesta Restaurant Group, Inc., parent company of Pollo Tropical and Taco Cabana, effective Sept. 16. Ms. Diaz joins Fiesta from Restaurant Brands International, Inc., where she has been the c.m.o. of Popeyes Louisiana Kitchen for the past two years....
Food Business News

Sun-Maid revamps raisin snacks to attract millennials | 2019-09-09

FoodBusinessNews
KINGSBURG, CALIF. — Sun-Maid Growers of California is giving its yogurt covered raisins a millennial makeover. The company has reformulated the raisins to be Non-GMO Project verified and added new flavor mashups. Along with improvements to taste, look and texture, Sun-Maid said, the company’s yogurt covered raisins come in two...
Food Business News

TreeHouse Foods taps Hershey vet as chief strategy officer | 2019-09-09

FoodBusinessNews
OAK BROOK, ILL. — Amit Philip has been named senior vice-president and chief strategy officer of TreeHouse Foods, Inc. Mr. Philip joins TreeHouse from The Hershey Co., where he spent seven years in positions of increasing responsibility within the corporate strategy and analytics functions. Most recently, he was vice-president of...
Food Business News

ADM subsidiary a defendant in lawsuit over peanut prices | 2019-09-09

FoodBusinessNews
NORFOLK, VA. — A class-action lawsuit brought forth by peanut farmers alleges peanut-shelling companies Birdsong Corp. and Golden Peanut Co. L.L.C., a subsidiary of Archer Daniels Midland Co., conspired to fix the prices of runner peanuts in violation of the Sherman Antitrust Act. The lawsuit filed Sept. 5 in the...
Food Business News

Green Giant to stay away from meat alternatives for now | 2019-09-09

FoodBusinessNews
BOSTON — B&G Foods, Inc. has innovative plans in place for its Green Giant brand, but none currently include meat alternatives. “Our vision for Green Giant is not just to do frozen vegetables and shelf-stable vegetables, although we’re going to continue to innovate in those areas, but our vision is...
Food Business News

Higher 2019 yield forecasts pressure corn, soybeans

FoodBusinessNews
Higher 2019 yield forecasts pressure corn, soybeans https://www.foodbusinessnews.net/articles/7-higher-2019-yield-forecasts-pressure-corn-soybeans
Food Business News

Intersnack Group snags Tyrrells from Hershey | 2018-05-18

FoodBusinessNews
SLOUGH, BERKSHIRE — KP Snacks, a subsidiary of the Intersnack Group, has reached an agreement to acquire the Tyrrells snack business from The Hershey Co. Financial terms of the transaction were not disclosed. The deal includes Tyrrells’ main office and two manufacturing sites in the United Kingdom, along with U.S....

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