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News on QSR Restaurants

News on QSR Restaurants

 Featured News on QSR Restaurants

United States, February 08, 2010

McDonald's
McDonald’s officials are meeting with the Potato Variety Management Institute (PVMI) to talk about potential new varieties of potatoes for French Fries.

Jeanne Debons, executive director of the Potato Variety Management Institute (PVMI), is meeting McDonald’s officials and other officials from within the potato industry in Caldwell, Idaho, Tuesday.

Debons hopes the meeting leads to McDonald’s considering new varieties of potatoes for its French fries. She believes her organization has promising new varieties that will satisfy the fast food restaurant chain’s needs.

“I’ve been wanting to talk to McDonald’s for three years,” Debons said. “It’s very exciting. I really want to make this meeting count.”

The meeting was organized by the Idaho Potato Commission. In addition to officials from McDonald’s, there will be a representative from each of the potato commissions of Washington, Oregon and Idaho and four breeding researchers and scientists from the Tri-State Potato Breeding Program, which is supported by the PVMI.

If McDonald’s were to end up liking a variety developed by the Tri-State Breeding Program, demand for the variety would go up dramatically. That would change the fortunes of the Pacific Northwest potato industry in a big way. Growers would be able to get greater production on fewer acres with fewer inputs.

“There are new varieties that can yield double the Russet Burbank,” Debons said.

Columbia Basin Herald
China, February 06, 2010

McDonald's Restaurant in Shanghai, China

The average Canadian eats 30 pounds of french fries per year. In China, per capita consumption is less than 3½ ounces.

McCain Foods Ltd. is trying to turn the figures for Asia's largest country around.

And there is hope for McCain, whose biggest fast-food restaurant chain clients, KFC and McDonald's, are seeing exponential growth in China - a country of 1.3 billion people.

Just over 20 years ago, McCain felt the Chinese market wasn't strong enough to warrant setting up a french fry factory.

KFC and McDonald's were just breaking into China in the late 1980s and neither were posting figures that would entice McCain to move in as an on-the-ground supplier.

In the mid-'90s, though, business started to pick up and McCain began selling into China seriously.

By 2005, it had built its own potato processing plant to help meet demand.

Now, the company says it is the largest producer and supplier of both domestically produced and imported frozen potato and appetizer products in China.

Terry Bird, vice-president of corporate development and emerging markets, predicts that less than two decades from now, Asia alone is set to match the scale of McCain's entire global operation.

"Last year, we did $6.5 billion in the world with 20,000 employees at 60 factories," he says.

"We see Asia, the potential for Asia, being as big as our whole company in 10 to 15 years' time."

New Brunswick Business Journal
Foodservice - Global Group of Eight (G8) Industry Guide
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 News Fast Food Restaurants/QSR

Companies in Item
2/8/2010McDonald’s officials visit PVMI to talk about new potato varieties for French Fries.NewUnited StatesPotato Variety Management Institute (PVMI); McDonalds Corporation; Idaho Potato Commission; Washington State Potato Commission (WSPC); Oregon Potato Commission
2/8/2010Amid Slipping Sales, Burger King Is Now Courting WomenNewUnited StatesBurger King
2/6/2010McCain is after a lion's share of China's fast food marketNewChinaMcCain Foods Limited; McDonalds Corporation; KFC; Simplot Foods Group
2/4/2010United States Restaurant Counts slip 0.3%United States
2/2/2010McDonald's expansion in Russia gets priorityRussian FederationMcDonalds Corporation
2/1/2010McDonald's planea abrir 45 nuevas filiales en RusiaRussian FederationMcDonalds Corporation
1/29/2010Verkoop "stoom"-frituur HiFri verloopt moeizaamNetherlands
1/27/2010Nutrition Menu Labeling May Lead to Lower-Calorie Restaurant Meal Choices for ChildrenUnited StatesMcDonalds Corporation
1/26/2010Technomic lowers 2010 restaurant industry forecastUnited States
1/26/2010McDonald's publishes Corporate Social Responsibility ReportUnited StatesMcDonalds Corporation
1/22/2010McDonald's tops sales, profit expectationsUnited StatesMcDonalds Corporation
1/19/2010$465 million excise tax on syrup for soft drinks proposed by Governor Paterson of New York StateUnited States
1/17/2010Early sales reports show restaurant chains still strugglingUnited StatesSonic Drive-in; Hardee's
1/13/2010Nueva York ordena reducir un 25% la sal de los alimentosUnited States
1/13/2010New Jersey readies menu labeling lawUnited States
1/11/2010New York City Health Department Announces Proposed Targets for Voluntary Salt Reduction in Packaged and Restaurant FoodsUnited States
1/7/2010Romania will tax foods high in fat, salt, sugar starting March 2010Romania
12/31/2009Simplot, McDonald's Japan Recognize Top Five Washington Potato GrowersUnited StatesSimplot Foods Group; McDonalds Corporation
12/27/2009What's hot in 2010; NRA research among ChefsUnited StatesNational Restaurant Association (NRA)
12/22/2009Impact of Menu Labeling: People Eat Less When They Know MoreUnited States
12/21/2009Conagra Foods Q2 results: Lamb Weston Profits improvedUnited StatesLamb Weston; Conagra Foods Inc.
12/21/2009Twenty five years of New York Fries (by Thomas Hagey)CanadaNew York Fries
12/18/2009The history of Britain's Fish and Chips (french fries) shopsUnited Kingdom
12/18/2009Five keys to the foodservice industry in 2010United States
12/16/2009Yum Brands Bets on India's Young for Growth IndiaYum! Brands Inc.; KFC; McDonalds Corporation
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