Corporate Operations: Page 325
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Smithfield Foods to invest in its Curly's Foods facility
The company aims to expand one of its cooked meats facilities in both square footage and with new jobs.
By Carolyn Heneghan • April 9, 2015 -
Bacardi begins eliminating about 10% of North American jobs
The job cuts are part of a cost-reducing restructuring program.
By Carolyn Heneghan • April 9, 2015 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Deep Dive
The future of grocery delivery: What manufacturers and retailers should anticipate
With one projection hitting close to $100 billion come 2019, online grocery is heading for a larger share of the grocery market.
By David Oliver • April 8, 2015 -
Hershey on fast track for adopting sustainable cocoa
In 2016, the company will have enough certified, sustainable cocoa to produce Hershey’s chocolate bars, Kisses, and Kit Kat bars sold in the U.S.
By Carolyn Heneghan • April 8, 2015 -
Nestle expands water bottling, receives some criticism
The company wants to offer consumers an alternative to soda with more flavored sparkling water varieties.
By Carolyn Heneghan • April 8, 2015 -
JBS to focus on growth from recent acquisitions
The company is looking to focus on recent acquisitions rather than pursuing more or expanding to additional new markets, such as Asia.
By Carolyn Heneghan • April 8, 2015 -
Dole names new president and COO
Johan Linden is taking over the position.
By Carolyn Heneghan • April 8, 2015 -
McCormick shares reach 52-week high
The company's shares have been looking tastier since releasing new products earlier this week and a positive earnings report last month.
By Carolyn Heneghan • April 7, 2015 -
Chiquita sees one exec exit, another to depart
These are the two latest of several recent shakeups in Chiquita's line of executives.
By Carolyn Heneghan • April 7, 2015 -
Will Kraft see the same job cuts Heinz did post-merger?
Job cuts had been a subject of speculation even before an official warning for Kraft employees from the Heinz CEO.
By Carolyn Heneghan • April 7, 2015 -
Agricultural venture capitalism takes off
VC firms and agribusinesses are both joining in to fund startups and reap new cutting-edge technologies.
By Carolyn Heneghan • April 6, 2015 -
Deep Dive
Why do major food companies get a bad rap about kids' nutrition?
When major food and beverage companies meet children's nutrition, some nutrition groups work with those companies while other health experts and some parents adamantly oppose.
By Carolyn Heneghan • April 6, 2015 -
Hershey CEO now board chairman
He immediately takes the spot from James Nevels, who will have a new role.
By David Oliver • April 2, 2015 -
Driscoll's welcomes new CEO
Former CEO Miles Reiter had held his position for 15 years.
By Carolyn Heneghan • April 2, 2015 -
CFTC alleges wheat futures manipulation by Kraft, Mondelez
The regulator is aiming for "a permanent injunction from future violations by the two companies, as well as disgorgement and civil monetary penalties," according to Reuters.
By Carolyn Heneghan • April 2, 2015 -
Sysco CFO to step down; antitrust hearing, merger looming
Chief Accounting Officer Joel T. Grade will take over for Chris Kreidler at the Houston-based corporation in September.
By Deborah Barrington • April 1, 2015 -
Monsanto takes an earnings hit, lowers 2015 forecast
These earnings come amid some recent controversy with one of its chief products.
By Carolyn Heneghan • April 1, 2015 -
Danone, Starbucks enter Greek yogurt partnership
The partnership includes featuring Danone's popular Dannon Greek yogurt brand.
By Carolyn Heneghan • April 1, 2015 -
Heineken sees management shifts
The company is the third largest brewer in the world, according to Fortune.
By David Oliver • March 31, 2015 -
China's Cofco looking into US deals
The company reported estimated revenue of $63.3 billion last year.
By Carolyn Heneghan • March 31, 2015 -
Health moves: Kraft label dilemma, General Mills' Green Giant preparing new items
Kraft and General Mills are both struggling to adapt to health food trends.
By Carolyn Heneghan • March 31, 2015 -
Could feta cheese spoil Chobani suit?
The company's founder is being sued by his ex-wife due to previous part-ownership of a company that allegedly led to Chobani's creation.
By Carolyn Heneghan • March 31, 2015 -
Bacardi taking its first sip of US bourbon market with latest acquisition
The company enters a booming bourbon market in the U.S. with this acquisition.
By Carolyn Heneghan • March 31, 2015 -
Reily Foods up next for Keurig K-Cup technology
Keurig is further expanding the compatible brands in its hot drinks portfolio.
By Carolyn Heneghan • March 31, 2015 -
Will Cheez Whiz survive the Kraft-Heinz merger?
Cheez Whiz and other products deemed unhealthy by consumers may not make it after the deal is done.
By Carolyn Heneghan • March 30, 2015