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...
The small business owner of a Wendy's franchise on July 24 asked Congress to repeal the federal Renewable Fuel Standard (RFS), saying the mandate to use corn-based ethanol in the nation's gasoline supply is driving up food prices for restaurants and consumers and hurting job creation.
The Food Processing staff spent part of last week at Chicago's McCormick Place, site of this year's annual meeting and Expo of the Institute of Food Technologists. IFT tends to present an idealized vision of the food industry and the products it produces for an appreciative public.
The field has never been stronger – nor more difficult to choose among – for our Green Plant of the Year poll. We have showcase plants from three marquee names competing this year: Anheuser-Busch, Campbell Soup and Frito-Lay.We just opened the balloting for our fourth annual Green Plant of the...