Industry News

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  • Obesity task force aims for July deadline

    The chairman of the Task Force on Media and Childhood Obesity said that the group planned to report back to Congress and the FCC in mid July with recommendations for attacking the growing health crisis of childhood obesity.

  • Kraft sets path for overseas expansion

    Kraft Foods Inc., signaling Chief Executive Irene Rosenfeld's determination to make foreign acquisitions, is giving its international managers more power to engineer deals.

  • Hershey announces three-year supply chain transformation

    The Hershey Company announced a three-year supply chain transformation program. When completed, Hershey says the program will enhance its manufacturing, sourcing and customer service capabilities, and generate resources to invest in the company's growth initiatives.

  • Tyson unveils new R&D 'discovery' center

    Tyson Foods, Inc. officially unveiled its new “Discovery Center,” a research and development facility designed to enhance the company’s ability to create new foods and bring them to market more quickly.

  • Altria to spin off its stake in Kraft this month

    Following a year or more of speculation, Altria Group Inc., the New York-based holding company that owns both Kraft Foods Inc. and cigarette-maker Philip Morris, said it would spin off its 89 percent stake in Kraft to its shareholders on March 30.

  • More worries about food versus fuel; Tyson CEO speaks

    As debate began on the 2007 Farm Bill, Dick Bond, Tyson Foods Inc.’s president and CEO, warned that boosting U.S. ethanol production would mean higher food prices, both domestically and across the globe.

  • More new chiefs: Cargill, ADM, McCormick, IBC

    Last month we reported an unusually large number of new execs at food companies. The trend continued into late January and February, including new chairman for two multi-billion-dollar agribusinesses.

  • U.S. smoothie market more than doubles

    With on-the-go dining and snacking moving to the American meal forefront, the U.S. smoothie market has been flooded with consumers looking for a quick portable meal alternative.

  • Coca-Cola to inlcude caffeine content on nutrition labels

    Coca-Cola North America confirmed that, as part of an industry initiative, it will continue the rollout of expanded nutrition labeling in the U.S. to include caffeine content on all of its beverages containing the ingredient.

  • Salmonella taints ConAgra peanut butter

    ConAgra Foods Inc., Omaha, Neb., on Feb. 14 began recalling Peter Pan and Great Value peanut butters because of salmonella found in the product.

  • Americans adopt heart-healthier diets

    Over the past 20 years, the diets of American adults have become more consistent with most dietary recommendations for heart disease prevention -- but the trend may not be continuing, research suggests.

  • Folate intakes drop

    Americans are not consuming enough folic acid, a B vitamin that may prevent serious birth defects of the spinal cord and brain (i.e., neural tube defects) and may also protect against heart disease, cancer and Alzheimer’s disease, according to a report published in the November 2006 issue of the American Journal of Public Health.

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