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Top Food and Beverage Companies for 2007: Kraft Returns to the Top

Following a tough year for animal protein companies, Kraft Foods returns to the No. 1 position on our annual list of the 100 largest food and beverage processors in the U.S. and Canada.

Kraft Foods Global Thinks Outside the Box with Bioactive Ingredients

Kraft hires a pharmaceutical company to help it develop functional foods.

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.

Kraft to Split Into Two Companies

Think of them as Kraft-General Foods vs. Nabisco-Cadbury-Jacobs Suchard.

Kraft Removes Synthetic Dyes from Mac and Cheese

Kraft Foods announced it would remove synthetic colorants from its macaroni and cheese products aimed at children.

Kraft announces new business strategy

Kraft Foods Inc. announced a new business strategy that is said to spur company growth.

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.

Kraft to cut 8,000 jobs, close 20 plants

Suffering from flat sales growth and rising ingredient costs, Kraft Foods Inc. announced Jan. 30 it will cut another 8,000 workers and close 20 more factories worldwide.

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.

November 2006 New Food Rollout

This month's best new food products include fruit parafaits from Dole Food Co. Inc; Roasted Vegetable Ritz from Kraft Foods; Crunchy Nut Sweet and Salty Granola Bars from Kellogg Co.; Hershey's Cacoa Reserve; Betty Crocker Seasoned Skillets from General Mills and Ball Park Top It!'s from Sara Lee...

Top Food and Beverage Companies for 2005

Tyson unseats Kraft as king of the U.S.-Canada food and beverage industry; plus exclusive results of the first Grant Thornton-Food Processing Survey of Food and Beverage Companies.

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.

Kraft makes Oscar Mayer stand-alone business

Oscar Mayer will become a stand-alone business unit early next year under a reorganization plan from parent company Kraft Foods Inc., Northfield, Ill.

Kraft sells Fruit2O, Veryfine to Sunny Delight

Food and beverage maker Kraft Foods Inc. said it will sell two beverage lines to Sunny Delight Beverages Co.

Deromedi says Kraft needs innovative products to revive sales

Kraft Foods Inc. Chief Executive Roger Deromedi confessed to industry analysts Tuesday that the company still has a long way to go in its restructuring efforts. He said Kraft does have some brands that are well-positioned, but currently has none that hold a "significant advantage."

Food Manufacturers Take Strides for Health

PepsiCo, Kraft, and others are making strides in reducing trans fats and producing healthier foods to meet consumer demand.

Kraft Foods selects Rosenfeld as new CEO

Kraft Foods Inc. on June 26 announced the appointment of Irene B. Rosenfeld as chief executive officer, effective immediately. She replaces Roger K. Deromedi, who has mutually agreed with the board to leave the company to pursue other interests. Rosenfeld was most recently chairman and chief ...

Kraft says it did not bid on meatpacker Perdigao

Kraft Foods Inc. denied a published report that suggested the company is contemplating a bid for Brazilian meatpacker Perdigao.

Kraft Foods to cut about 600 jobs

Kraft Foods Inc. on Oct. 14 said it would cut about 600 jobs and exit leased offices in Tarrytown, N.Y., early next year, the latest moves under a sweeping restructuring effort it unveiled in early 2004.

Cadbury Accepts Kraft's Offer

Kraft Foods said to acquire Cadbury PLC for $19.44 billion.

Kraft names new North America president

Kraft Foods Inc. announced W. Anthony (Tony) Vernon will become President, Kraft Foods North America, in mid-August.

Kraft starts the year 150 million pounds lighter

The top 100 food company eliminated enough material from its supply chain to exceed the company’s packaging reduction goal two years ahead of schedule.

October 2006 New Food Rollout

Grip-n-Dip Chicken Strips for kids from ConAgra; Coca-Cola's Dasani and Powerade go grape; Oscar Mayer Fast Franks from Kraft Food; "pure" juices from Tropicana; stand-up taco shells from General Mills; and Corelli brand pasta sauce in a box from The Kroger Co.

Kraft announces new executive team

Kraft Foods Inc. announced a new executive team that will sharpen the company's focus on innovation, marketing and growth.

Kraft to cut another 8,000 jobs, close 20 more plants

On Jan. 30, Kraft said sluggish sales and rising commodity costs would force it to cut another 8,000 jobs "at all levels of the organization" and close 20 more factories worldwide by 2008.

Food Biz Kids: Raisin Bran Cereal Bars

Our 7th-grade panelists sampled a new Kraft Foods snack product where Raisin Bran Cereal Bar’s key ingredient raised more than one pair of eyebrows.

Kraft acquires United Biscuits' Iberian operations, recovers Nabisco trademarks

Kraft Foods Inc. completed its acquisition of United Biscuits' (UB) Iberian operations, as well as the recovery of the rights to key Nabisco trademarks in Europe, the Middle East and Africa, including Oreo, Ritz and Chips Ahoy!.

Drug Research Firm Helping Kraft Develop Health Benefits

Medisyn Technologies Inc., a Minnetonka-based start-up that helps pharmaceutical companies discover new drugs, has signed a deal with Kraft Foods Inc. to help develop foods that offer specific health benefits.

Holden Stepping Down at Kraft

Kraft Foods Inc. said Friday that former co-Chief Executive Betsy Holden, now global marketing chief, has resigned, effective June 30. Kraft said Holden also has quit the company's board of directors.

Kraft to move processed cheese production

Kraft Foods Incorporated will eliminate its processed cheese manufacturing line at its plant near Allentown, Pa.

Kraft Sets October 1 Spin-Off Date

The top 100 food company announced new strategy executives and named its boards of directors.

Kraft success sends more food marketers toward snacks

Getting consumers to pay more for less is the holy grail in the tight-margined food business, and Kraft Foods' success doing so with its Nabisco 100-calorie packs over the last 18 months has driven a slew of copycats, from Kellogg Co.'s Keebler Right Bites to Procter & Gamble's Pringles 100 ...

Tyson Foods Not Just a Chicken Company Anymore

Tyson Foods, no longer just a chicken company, is now the largest food processor in North America.

Food Industry Actively Participates in Katrina Relief

The food industry actively participates in relief to victims of Hurricane Katrina, donating money and, of course, food.

Showdown looms on food advertising to children

Showdown looms on food advertising to children; food marketers, advocacy groups expected to spar at FTC conference.

Kraft's Rosenfeld: How Brands and Consumers Have Changed

Irene Rosenfeld, Chairman and CEO of Kraft Foods, spoke of how reaching consumers has changed significantly over the last 20 years.

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Displaying 1-36 of 6216 results