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PALATINIT of America enters new world of opportunity as BENEO-Palatinit Inc.
PALATINIT of America has officially become BENEO-Palatinit Inc. With this name change and a new identity, the company moves forward into a growing world of...
Tyson (and Food Processing’s) Jim Rice testifies before Congress on China
James Rice, a vice president and China country manager for Tyson Foods Inc., as well as a member of Food Processing’s Editorial Advisory Board, testified before a...
Kraft Foods to replace AIG in Dow Jones Industrial Average September 22
Kraft Foods Inc. will replace American International Group Inc. in the Dow Jones Industrial Average effective Monday.
Altria to spin-off Kraft Foods Inc.
Altraia Group, Inc.'s board of directors authorized a spin-off of all shares of Kraft Foods Inc. owned by Altria to Altria's shareholders.
General Mills sells Pop Secret brand for $190 million
General Mills Inc. is selling its Pop Secret microwave popcorn business to Diamond Foods Inc. for about $190 million cash.
China-based Cofco buys 5% of Smithfield Foods Inc.
Smithfield Foods Inc.struck a deal to sell 7 million shares, or 4.95 percent of the company’s common stock, to Cofco Ltd., China's largest national agricultural...
Midwest flooding shuts food processing plants
At least four food processing plants have been forced to shut down or curtail operations in the wake of the disastrous Midwest flood, the worst the region has seen...
Bankruptcy judge approves sale of Jays Foods
A bankruptcy court judge approved the $24.8 million sale of most of the firm’s assets to Jay’s Acquisition Inc., believed to be pretzel-maker Snyders of Hanover...
Kraft announces new business strategy
Kraft Foods Inc. announced a new business strategy that is said to spur company growth.
Pinnacle Foods to be acquired by The Blackstone Group
Pinnacle Foods Group Inc. agreed to be acquired by affiliates of The Blackstone Group for approximately $2.16 billion in cash. The transaction is expected to close...
