Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs and drive business forward.
Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.
Paul Grimwood, chairman and chief executive of Nestlé UK & Ireland, has been appointed chairman and chief executive of Nestlé USA, based in Glendale, California, from October 2012.
Frozen ethnic food manufacturer The Authentic Food Company (TAFC) has invested £2M in boosting its production capacity, after securing contracts to supply ready meals to Asda and several leading retailers in Europe.
The future of baking combines innovation with tradition while respecting the cultures of individual countries, according to research by Belgian bakery ingredients manufacturer Puratos.
Food manufacturers need to seek advice from allergen experts to cater for the "enormous" and "alarming" rise in allergies and intolerances, states Allergy UK.
Plans to axe 90 jobs at a modern manufacturing and bottling plant in Lisburn have been announced by Coca-Cola Hellenic Bottling Company Northern Ireland.
Milk processors Arla, Dairy Crest and Robert Wiseman, which supply Britain's major multiples, have come under sustained flak over the past month for their role as 'middle men' in cutting the price paid to dairy farmers for milk to below the cost of its pr
The European Food Safety Authority's (EFSA's) working group on claims has turned down food firms' applications to make claims in relation to health benefits of microbial cultures.
Retailers are unlikely to see sales volumes on food recover in the next year, as prices will be pushed up due to a poor worldwide harvest, economists suggest.
Retailers will demand far more unannounced food safety audits of their suppliers as concerns about controls and hygiene standards in the global food supply chain rise.
Consumer education on lactose intolerance is needed if manufacturers want to tap into the significant growth potential of lactose-free dairy, industry research has claimed.
Fonterra board member Colin Armer has tended his resignation – the second announcement of its kind from the New Zealand-based dairy exporter in as many weeks.
Spanish ingredients producer Natra has unveiled a new granulated chocolate product that it says will form a ‘new generation’ of powdered chocolate for the industry.
Rev7 degradable chewing gum maker Revolymer is set to exploit Canada’s lucrative nicotine gum market following two distribution deals with pharmacies, its CEO said.
Ingredients specialist Caragum International has said its coating system is a cost effective, rapid alternative to other colloids for confectionery and chewing gum.
Archer Daniells Midland (ADM) saw its net profit fall 25% in the fourth quarter, as corn costs, particularly for ethanol, weighed on the agribusiness giant’s margins.
