Archer Daniels Midland brought on Thomas Mort, CEM, as its corporate energy director in 2011. This year, the firm has completed $50 million of savings.
It's easier to know where you're going if you know where you've been. Since the theme of Food Processing's September cover story is the food processing plant of tomorrow, I've been thinking a lot lately about how plants have changed over the years.
The FDA on Aug. 2 published its final definition of gluten-free. So with the traditional 30-day waiting period, the rule will take effect on Monday, Sept. 2. Since it's Labor Day, you can take the day off.
Economists draw on a wide range of consumer-confidence ratings and economic indicators for trends forecasting. Another metric they might consider is sales of private-label foods.
We just posted a debate on the acquisition of Smithfield Foods by Chinese firm Shuanghui International Holdings.
America's economic recovery may be anemic, but it's strong enough to improve the outlook for pay increases in the coming months, concludes the 2013-2014 salary budget survey from WorldatWork, an association of human resource and benefits professionals at U.S. and international firms.
In a straw poll we took at last month's IFT Food Expo, visitors to our booth voted 26 to 12 (with one negative comment but not a clear vote) against the sale of Smithfield Foods to Chinese firm Shuanghui International.The actual wording of the question was: "Do you think Smithfield...
I get geeky pleasure playing with an Excel spreadsheet and can spend hours resorting and calculating the data contained in them. You can imagine the thrill, then, when my colleague Dave turned over the raw data from Food Processing's annual salary survey.
The IFT Annual Meeting and Food Expo, held in Chicago July 13–16, was quite a success for the Institute of Food Technologists. With more than 23,500 attendees, this year's event was the second largest in the show's 73-year history (the 1999 event drew just over 24,000).
All else being equal, selling a food company nets 8.5 percent less this year than in 2012 because of the phasing out of certain breaks in the capital gains tax. The less favorable treatment touched off a flurry of mergers & acquisitions in 2012's fourth quarter, followed by a dearth...