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March 09, 2010
SNAXPO 2010 Draws Worldwide Audience in Texas
SNAXPO 2010, the world’s largest trade show devoted exclusively to international snack foods, opened in Fort Worth, TX Thursday, March 4, where nearly 1500 industry professionals from some 35 countries gathered to explore key issues and ideas, as well...
March 08, 2010
Herr Foods Inc. Recalls 'Herr's Cracked Pepper and Sea Salt Flavored' Kettle Style Potato Chips
As a precautionary measure and concern for our consumer safety, Herr Foods Inc of Nottingham, PA is voluntarily recalling 'Herr's Cracked Pepper and Sea Salt Flavored' Kettle Style Potato Chips. The product is being recalled because it contains HVP (h...
March 08, 2010
P&G Joins Industry Ingredient Recall by Voluntary Recalling Two Flavors of Pringles® in the US
The Procter &Gamble Company (NYSE:PG), in response to a recommendation from the Food &Drug Administration (FDA) to the food industry, announced today that it is voluntarily recalling Pringles Restaurant Cravers Cheeseburger potato crisps and P...
March 07, 2010
HVP recall due to possible Salmonella contamination affects several potato products
Hydrolyzed vegetable protein (HVP) is now taking its place beside peanuts, pistachios, and powdered milk as a food ingredient causing recalls of many, many individual products.Hydrolyzed vegetable protein is a common ingredient used most frequently as...
March 06, 2010
Frito-Lay plans $53 million expansion of its Topeka plant
For the third time in less than three years, Frito-Lay is expanding its plant in Topeka. The planned $53 million expansion was announced Friday through the Greater Topeka Chamber of Commerce, which says the project will save 40 jobs that might have b...
March 05, 2010
SNAXPO 2010: Snack food is on a roll but under attack
After years of lackluster sales, potato chip sales jumped 22 percent and tortilla chips 18 percent since 2007, according to the market research firm Mintel International, which said the salty noshes defied the economic downturn. "People bought ... Sponsored Content
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March 04, 2010
Explosion at Better Made Snack Foods
Workers at the Better Made Snack Foods factory in Detroit have been sent home after an explosion in the oil heating process for potato chips shook parts of the building. Company Chief Executive Salvatore Cipriano says it appears pressure built up in...
March 02, 2010
Tim's Cascade Snacks Recalls 'Sweet Maui Onion' Potato Chips and Onion Rings Because of Possible Health Risk
Out of regard and concern for our consumers, Tim's Cascade Snacks of Algona, Washington is recalling 'SWEET MAUI ONION ’ AND 'HAWAIIAN - SWEET MAUI ONION RINGS ' because they have the potential to be contaminated with Salmonella, an organism which can...
March 01, 2010
Shearer's Foods Inc acquires Snack Alliance Inc
Shearer’s Foods, Inc., a leading producer and distributor of high quality branded, contract pack and private label seasoned snack foods, announced today that it has signed a definitive agreement to acquire Snack Alliance, Inc. and its Canadian affiliate.
February 26, 2010
Diamond Foods Shares Drop 10% on Acquisition-Related Worries
Shares of Diamond Foods Inc. (DMND) dropped 10% Friday, a day after the snack-nuts producer announced a major acquisition that will require it to sell stock and take on debt.Late Thursday, Diamond said it agreed to acquire Kettle Foods from Lion Capita...
February 25, 2010
Diamond Foods to Acquire Kettle Foods
Diamond Foods, Inc. (NASDAQ:DMND), today announced it has entered into a definitive agreement to acquire Kettle Foods, makers of premium potato chips, from Lion Capital LLP for $615 million in cash. Pursuant to the agreement, Diamond will acquire Kett...
February 16, 2010
ConAgra Foods Reaffirms Fiscal 2010 EPS Guidance and Long-Term EPS Growth Expectations
Today ConAgra Foods, Inc., (NYSE: CAG) will update the Consumer Analyst Group of New York (CAGNY) on the company's progress and outlook at the CAGNY annual conference in Boca Raton, Fla. ConAgra Foods CEO Gary Rodkin, Consumer Foods President André Haw...
February 11, 2010
PepsiCo Delivers Solid Results for Fiscal 2009;Savory snack highlights
PepsiCo, Inc. (NYSE: PEP) today reported solid results for 2009 driven by healthy gains in its worldwide snacks and international beverage businesses, balanced investments in value and innovation in key markets and cost discipline across its operations...
February 10, 2010
Lance Q4 profit misses Street view
Snack-food maker Lance Inc posted lower-than-expected quarterly profit, hurt by weakness at its branded product segment, sending its shares down as much as 4 percent. The company also said it expects its acquisition of specialty cookie brand Stella D'o...
February 09, 2010
The Billy Goat Chip Company keeps Chipping away
Billy Goat Chips were first given out with meals at the Billy Goat Restaurant and Bar, 1449 Vandenventer Ave., where they were more popular than anything else on the menu. "People wanted them to take to the parks, to tailgate, to have at holiday...
February 04, 2010
Lance, Diamond Foods reported to bid for Kettle Foods
Bloomberg/Businessweek reports that Lance Inc. and Diamond Foods Inc. are among the bidders for premium potato-chip maker Kettle Foods, referring to people familiar with the matter.PepsiCo Inc. is also bidding, said the people, who asked not to be name...
January 28, 2010
P&G snack food sales volumes decreased
We reviewed todays financial release of Procter and Gamble for the October - December quarter for what details on the development of the sales of their savoury snacks (Pringles). Although somewhat hampered by the fact that P&G mostly lumps its savo...
January 12, 2010
The Inventure Group announces partnership with Bruce Foods, new products
Leading snack food manufacturer, The Inventure Group(R) (Nasdaq: SNAK), expands its portfolio of licensed brands today by announcing a partnership with Bruce Foods to add its signature Original Louisiana Hot Sauce(R) to a new line of Hot Fries snacks u...