French food group Danone on Wednesday cut its 2013 financial goals after sales in its high-margin baby food division fell a worse-than-expected 8.6 percent in the third quarter following an infant formula product recall in Asia.
Is satisfaction guaranteed? Not necessarily with food makers, whose favor fell among U.S. consumers by 2.4% since last year, according to an annual report from the American Customer Satisfaction Index (A.C.S.I.).
The French Government has promised to use "all means" necessary to help almost 900 employees who were let go as part of the rescue plan agreed between Groupe Gad and the French courts.
Flowers Foods will begin production at an ex-Hostess production plant in Nevada later this year to meet market demand, its president and CEO Allen l. Shiver says.
The Kellogg Co. has idled a cereal plant in Memphis, the same facility at which the Battle Creek, Mich.-based company earlier this year announced a round of layoffs.
The Paleo Diet Foods, a US-based producer of optimal eats, has introduced The Paleo Diet Bar that is exclusively endorsed by Dr. Loren Cordain, an expert and founder of the Paleolithic movement.
Vegetable and fruit producer Dole Food Co Inc is launching a $675 million, seven-year term loan B Wednesday to back Dole's buyout by Chairman and Chief Executive Officer David H. Murdock.
O’Brien Fine Foods, a producer of cooked hams, sausages, rashers and puddings, is set to expand its manufacturing facility in Kildare county, Timahoe, Ireland, with an investment of €3m.
Dairy Farmers of America has entered into an agreement with Craigs Station Ventures, an investor group comprised of eight farmer investors, to build a cold milk separation plant in York, N.Y.
