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Recession-Proof Food and Drink Markets Identified

Market research firm's review of report forecasts uncovers common theme: people are spending less, staying at home more.

Hormel Foods Releases Third Annual Corporate Responsibility Report

The digital report highlights food safety, animal welfare, environmental impact and community involvement

Brazil's largest beef processor to acquire Swift

HM Capital and J&F will acquire Swift in an all-cash transaction representing an enterprise value of approximately $1.4 billion.

Pasta packer uses its noodle to survive in 2005

  ...was felt this year by carb-centered food processors. That was apparent in a report issued Oct. 28 by Kansas City-based American Italian Pasta Company (AIPC)....

Heinz zeroes in on innovation; set to launch 100 new products

Pittsburgh-based H.J. Heinz Co. announced June 30 that it has issued its Annual Report to Shareholders titled "Growth Through Innovation." The report notes Heinz is...

U.S. Leads in Obesity but Transatlantic Weight Gap Is Narrowing

"Overweight Consumers and the Future of Food and Drinks," a new report from independent market analyst Datamonitor, reveals that the American waistline is getting...

Rich Products to upgrade Fort Erie plant

Rich Products Corp. is investing about $9 million in its Fort Erie, Ont., operation. The Buffalo-based maker of frozen food products said it is making capital...

Cadbury to sell European beverage biz for $2.19 billion

Cadbury Schweppes PLC said Monday it agreed to sell its European soft-drinks arm for 1.85 billion euros, or $2.19 billion, to a consortium comprising private-equity...

Land O'Lakes selling off swine, developing dairy

  ...delegates and visitors at the national food and agricultural cooperative's 84th annual meeting. In a forward-looking address, Gherty told the approximately 2,000...

Brazilian to be Swift CEO after sale

Swift & Company reported that Wesley Mendonça Batista will become Swift & Company’s president, CEO and a director immediately following the completion of its...

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