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Julio 23, 2008
PepsiCo Profit Advances on Cheetos, Higher Prices
PepsiCo Inc., the world's largest snack maker, said second-quarter profit rose 9.1 percent after it boosted prices for potato chips and streamlined delivery routes. Net income increased to $1.70 billion, or $1.05 a share, in the three months ended Jun...From the archive

Julio 23, 2008
The Inventure Group, Inc. Announces Second Quarter 2008 Results
The Inventure Group, Inc. today reported financial results for the second quarter ended June 28, 2008. Net revenues for the second quarter of fiscal 2008 were $29.2 million, representing an increase of 28% compared to the second quarter of fiscal 2007....From the archive

Julio 23, 2008
McCain Foods (Canada) opens new Florenceville French fry factory
A new $65-million state-of-the art potato processing plant began production July 22, replacing the first factory ever built by McCain Foods more than 50 years ago. The plant, which has been under construction since the spring of 2007, uses the latest ...From the archive

Julio 22, 2008
McDonald's May Post Quarterly Profit on Europe Sales
McDonald's Corp., the world's largest restaurant company, may report a second-quarter profit after European sales rose twice as fast as in the U.S. McDonald's probably earned $1.1 billion, or 95 cents a share, according to John Glass, a Morgan Stanley...From the archive

Julio 22, 2008
US Packaging Machinery Purchasers confirm predictions
United States Consumer and industrial goods companies have adjusted their predictions for 2008 packaging machinery spending only slightly, according to PMMI’s Spring Update to the Purchasing Plans Study. Interviews and surveys for use in the update wer...From the archive

Julio 22, 2008
ADM to snap up National Starch?
In January Akzo Nobel NV became the new owner of National Starch and Chemical Company as part of its acquisition of ICI. Akzo made clear its intention to seek a new owner for the specialty starches business, which boasted half year revenues of about $6...From the archive
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Julio 21, 2008
Washington State 2008 Potato acreage down 6%
The Washington office of NASS said Washington growers planted fewer potatoes and more dry peas and will have lighter peach and apricot crops. Washington winter wheat production is expected to reach 109.7 million bushels this season, up 1 percent.Potato...From the archive

Julio 21, 2008
Jalapeño Pepper Tests Positive for Salmonella
A fresh jalapeño pepper grown in Mexico and processed in Texas has tested positive for the strain of salmonella that has sickened more than 1,200 people in recent months, food safety and health officials said today. The U.S. Food and Drug Administratio...From the archive

Julio 20, 2008
P.E.I. potato farmers come closer to settling contract dispute with Cavendish Farms
Prince Edward Island potato growers may be one step closer to settling a contract dispute with Cavendish Farms. But they’ll have to wait until Wednesday to find out how close they’ve come.After nearly two weeks away from the table, the potato growers ...From the archive

Julio 18, 2008
McCain Florenceville French Fry plant opening delayed a week
McCain Foods' new potato processing plant in Florenceville will be up and running sometime next week. The company had hoped to start operations this week, but spokesperson Calla Farn said the company pushed that date back to run some final tests. &quo...From the archive

Julio 18, 2008
US Potato chip manufacturers feel crunch of rising potato costs
It's not the Great Irish Potato Famine of the 19th century, but the summer of 2008 has turned into a major test for potato-chip producers across the country. The price of a bushel of chip potatoes has doubled in the last few months, going from $9 to a ...From the archive

Julio 18, 2008
Prairie spud growers enter convenience market with 'Todays Potatoes'
Two potato farms in Alberta and Saskatchewan are taking their produce directly to the heat-and-serve convenience food market. Barrich Farms of Outlook, Sask., about 90 km south of Saskatoon, and Bassano Growers at Bassano, Alta., about 140 km east o...From the archive

Julio 18, 2008
Wendy's: Takeover by Triarc progressing well
Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"in ironing out the details of its takeover by Arby's owner Triarc Cos. Inc. In a letter to employees filed with the Securities and Exchang...From the archive

Julio 18, 2008
Middleswarth potato shortage easing
Potato chip producer Ira Middleswarth &Son may soon see the end of the potato shortage that slowed their July production to a crawl, according to a company official. Thanks to Midwestern crop shortages, the Middleburg-based chip maker endured three...From the archive

Julio 18, 2008
Food Companies: Recipes for Tough Times
Faced with rising costs and pickier customers, processed foodmakers find ways to boost their products' appeal—and make price hikes stick. Having already teased out costs through greater automation, shrinking inventory, and tighter logistics, manufact...From the archive

Julio 18, 2008
Burger King Buys 72 Franchised Restaurants In Iowa, Nebraska
Burger King Corp. has bought 72 restaurants throughout Iowa and Nebraska from franchisee Simmonds Restaurant Management for an undisclosed amount. The company said that it has expanded its restaurant presence to attractive Midwest markets, enabling i...From the archive

Julio 18, 2008
IFF launches new umami ingredient
A new umami ingredient has been launched as a possible alternative to monosodium glutamate which could help food manufacturers reduce costs and salt content in their products. UmamiPrime contains no glutamate and delivers "strong umami taste&quo...From the archive

Julio 18, 2008
Container Shortages Preventing US Ag Exporters from Meeting Soaring Demand
Agricultural exporters at this year's Agricultural Transportation Coalition (AgTC) Annual Transportation Conference in June reported that in a year of soaring demand for their products, ocean transportation constraints and container shortage are preven...From the archive