Five U.S. senators have sent a letter to the Kellogg Co. asking the Battle Creek-based company to “act swiftly to find a fair agreement” to end a strike that has been in place since last October at a cereal plant in Memphis, Tenn.
Post Holdings Inc. has lowered its fiscal 2014 adjusted EBITDA guidance to between $300 million to $320 million, down from an earlier forecast of $315 million to $340 million.
Aryzta A.G. is set to ramp up its presence in North America with the announcement it has agreed to acquire Canada-based Pineridge Bakery and U.S.-based Cloverhill Bakery.
Bakery on Main, a Connecticut-based baker that specializes in gluten-free foods, has been approved for funding that will allow the company to relocate to a larger facility.
The British maker of Mr Kipling cakes and Hovis bread, Premier Foods, has revealed plans to bolster its finances with a £1.1 billion restructuring package.
Fresh off a 2013 campaign that saw income increase 148% and sales soar 25%, Boulder Brands, Inc. is heading into fiscal 2014 with a strategy six-pack geared toward propelling the company closer to $500 million in annual revenues.
Patties Foods (Patties), the maker of Australia’s best known pie, Four’N Twenty, has announced a revenue increase of only 0.9 per cent for the first half of the 2014 financial year.
British baker Greggs said it was encouraged by improving sales since the start of the year as it capped a tough 2013 with a 19 percent slump in annual profit.
The world's largest bread makers, Mexico's Grupo Bimbo, has announced a staggering 622% increase in fourth-quarter profit due to increased revenue and lower tax rates.
