Archives for May 13, 2012

← 2012

Imperial Sugar reports $6.5m loss in Q2

By Caroline Scott-Thomas

Imperial Sugar Company reported a net loss of $6.5m in the second quarter, compared to a net profit of $4.2m in the prior year period, while net sales were up 5.6%.

Dispatches from the 6th Annual Food Technology & Innovation Forum, 2012, Chicago

Quote/Unquote: Heinz on rocking the boat, Coca-Cola on backing the right horse in beverages, why we’re really fat and how Jane Fonda helped one brand go viral …

By Elaine Watson

If you didn’t make it to Chicago for the Food Technology and Innovation Forum last week – or were too busy speed-dating with suppliers in the exhibition hall to attend the conference - we’ve rounded up some of the best bits…

USDA predicts record corn harvest

By Caroline Scott-Thomas

The US Department of Agriculture (USDA) has predicted a record corn harvest in 2012-13, potentially easing cost pressures on food manufacturers by the end of the calendar year.

US industry denies ‘meat glue’ allegations

By Melodie Michel

The American meat industry has hit back at claims that transglutaminase (TG), dubbed as ‘meat glue’, was used to form fake premium cuts from low-quality cuts, in an attempt to avoid a media scandal similar to the ‘pink slime’ controversy.