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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.

Commodities Affecting General Mills

General Mills Inc.'s profit took a hit over the summer as efforts by the food company to protect against rising commodity costs ended up backfiring amid price swings.

Recession Slows the Pace of New Food Products

New U.S. product launches were cut in half in the first quarter of 2009, apparently the result of the difficult economy.

Top Ten New Food NPD Trends for 2010

  ...Top Ten New Food NPD Trends for 2010 FoodProcessing.com 11/16/2009 Levels of new NPD activity are continuing to hold up well in the face of the difficult global...

Powell replaces Sanger at General Mills

Minneapolis-based General Mills Inc. promoted its president/COO Kendall Powell to succeed longtime CEO Steve Sanger.

All Things Organic Announces Winners of 2009 New Product Competition

The first All Things Organic New Product Competition recognized the best new organic products of 2009 during a ceremony held at the All Things Organic Conference &...

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...

General Mills Sees Wealth via Health

When Susan Crockett started pushing colleagues at General Mills Inc. to use more whole grains eight years ago, she was repeatedly shot down. Under pressure from...

General Mills to close two plants, cut 500 jobs

General Mills Inc. is cutting 581 jobs as it closes two plants that the company had taken over in its 2001 acquisition of Pillsbury.

Data Shows Downturn Not Affecting New Food Product Development

  ...Not Affecting New Food Product Development FoodProcessing.com 09/09/2009 According to Innova Market Insights data, new worldwide food New Product...

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