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Food Industry News

Lawrence Group Makes $300-per-Share Offer for U.S. Sugar

Business Wire
November 21, 2008 - The all-cash offer from one of the largest farmland owners in the United States is much higher than the offer currently being negotiated between the state of Florida and U.S. Sugar....
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Ahold's 3Q Earnings Fall Despite Higher Sales

Associated Press
November 21, 2008 - The Dutch firm, which operates the Giant family of supermarkets in the United States, said reorganization efforts have "hit the tipping point."...
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U.S. Fish Rules Could Dilute 'Organic' Label, Groups Say

St. Louis Post-Dispatch
November 21, 2008 - The National Organic Standards Board has approved recommendations that would allow fish to eat non-organic feed and still attain the U.S. Department of Agriculture's organic label....
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J. Kings Food Service Professionals Opens Facility in Islip

Long Island Business News
November 21, 2008 - The company cuts steaks and prepares salads for clients such as the Waldorf Astoria, Lessing's, Teller's and Ben's Kosher Delicatessens....
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Wal-Mart to Donate 70 Million Meals Per Year

U.S. Newswire
November 21, 2008 - Donating nutritious produce, deli meat, beef, chicken, dairy and other groceries directly from its stores, Wal-Mart will become one of Feeding America's largest donors of food....
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U.S. Consumer Price Index Falls Sharply

United Press International
November 20, 2008 - The 1 percent decline seen in October was the largest ever recorded, reflecting an 8.6 percent drop in energy costs....
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Credit Problems Could Hamper Restaurant Chains in 2009

Business Wire
November 20, 2008 - The Fitch ratings firm is assigning just one U.S. fast-food or casual dining restaurant operator--McDonald's--an A rating....
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Pilgrim's Pride to Cut 335 Jobs by End of November

Associated Press
November 20, 2008 - The poultry producer said the cuts are for salaried and nonsalaried positions and have been divided among nearly all of its three dozen locations....
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General Mills Eyeing $100M Expansion in New Mexico

Albuquerque Journal
November 20, 2008 - Albuquerque Mayor Martin Chvez announced late Tuesday that the company is working to expand its local plant by 165,000 square feet and hire about 60 more employees....
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Nicholas & Co. Invests $9.1 Million in SLC Facility Expansion

Enterprise, The; Salt Lake City
November 20, 2008 - The leading western U.S. food distributor is adding more than four million cubic feet of dry warehouse and a freezer space....
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