Recent news on foodservice developments in the supply chain, including farm production, wholesale distribution/delivery, and retail/consumer activities.
Chiquita Brands International Inc reported a fourth-quarter 2002 net loss of $26 million, compared with a net loss of $74 million in fourth-quarter 2001. Before unusual items and discontinued operations, the fourth-quarter 2002 loss was $15...
Fortune magazine has ranked Tyson Foods Inc as America's Most Admired Company in the food production industry. The survey, published in the March 3, 2003, issue of Fortune under the title “America's Most Admired Companies,” ranks the 10 largest...
The Schwan Food Co has agreed to purchase the frozen dessert business of Mrs Smith's Bakeries from Flowers Foods, headquartered in Thomasville GA. Marshall MN-based Schwan will pay about $240 million in cash for Mrs Smith's frozen dessert business...
Fresh Del Monte Produce Inc reported strong financial results for the fourth quarter and full year ended Dec 27, 2002. For the quarter, the company reported net income of $35.2 million, compared with $5.3 million in the fourth quarter of 2001...
Country Fresh plans to restructure its dairy processing plant in Toledo OH. The plant's milk and soft-serve ice cream processing capacity will be transferred to another Country Fresh plant within about a 65-mile radius. Distribution and sales...
Workers at the Tyson Foods plant in Jefferson WI set up picket lines February 28 after overwhelmingly rejecting a company offer that would cut wages and risk the loss of medical treatment for workers’ families.The Jefferson plant is part of Tyson...
