Snyder’s-Lance merger creates no. 2 US salty snack company
Salty snack makers Snyder’s of Hanover and Lance, Inc. have signed a merger deal that creates the second largest salty snack company in the United States after Frito-Lay.
Archives for July 22, 2010
Birds Eye Foods makes deal after water contamination allegations
Birds Eye Foods is to build a multi-million dollar water treatment plant and supply bottled water to the public as part of an agreement reached with US federal authorities over contamination allegations from one of its processing plants.
Asia still focus for Hershey as Q2 income down
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.
Del Monte to cut sodium by 20 percent
Del Monte has become the latest company to outline a sodium reduction strategy, saying it intends to cut sodium by 20 percent across its vegetable, tomato and broth products by 2015.
Sensus triples flavor expansion capacity and adds services
Sensus is expanding its flavor extraction capabilities and investing in new equipment so it can offer new services to customers, including the purchase of $3m of new processing equipment.
Bakery shortening products win IFT Innovation Awards
Two bakery shortening products won Innovation Awards at the 2010 Institute of Food Technologists’ (IFT) Annual Meeting and Food Expo in Chicago this week.
ConAgra completes Gilroy Foods sale
ConAgra announced on Monday that it has completed the sale of its Gilroy Foods and Flavors dehydrated vegetable business to Olam International for $250m.