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Good things come to those who wait. H.J. Heinz Co. put that sentiment to music in the early '70s, using Carly Simon's 'Anticipation' in a popular TV ad for Heinz[R] [...]

They say it pays to think big. And considering that the world's foodservice market is valued at about $366 billion, Nestle SA is indeed thinking big. In fact, establishing a [...]

Aiming to improve its financial performance, North Palm Beach, Fla.-based Bravo Brands Inc. has implemented a restructuring plan that included terminating 34 of its 62 employees in late April, reducing […]

Independent food wholesaler and distributor White Rose Food, Carteret, N.J., is in the midst of redesigning and relaunching its entire 1,100-SKU line of private label products, a move that according […]

Oystar USA and the supervisory board of Oystar GmbH agreed to a restructuring that creates Oystar North America, a $250 million company with 650 employees. The new company combines Oystar [...]

Wisconsin-based Oscar Mayer will become a stand-alone business unit under a reorganization plan from parent company Kraft Foods. The company recently provided employees with an update on the changes announced [...]

Bunzl Distribution Inc. has announced an organizational restructuring to the Bunzl Processor Region. Over the course of the rest of this year, the company will merge Packers Engineering and Koch […]

Kraft Foods is on to a restructuring plan, under which it will close down 20 plants and layoff around 8,000 workers. Analysts on their part are concerned about the effect of the restructuring plan on the product development and packaging innovation at the company.

Solbar Industries Ltd. restructured its core business activities. Two divisions have been established which will be responsible for all company activities: Commodity division for production, sales and crushing of oil [...]

March, It's a command to move forward. It's also when officials plan to discuss what are likely to be some significant changes at ConAgra Foods Inc., Omaha, Neb. Early December [...]

Time flies when you're having fun. Although I can't address the 'fun' part, it does seem like yesterday that H.J. Heinz Co. reorganized its U.S. operations. Actually, though, it was [...]

A U.S. Bankruptcy Court confirmed plans by dairy processor Parmalat USA to reorganize as Farmland Dairles LLC. The move follows two years of financial scandal and turmoil involving the company's [...]

One of the most famous confectionery manufacturing sites in the UK, perhaps the world, will undergo severe belt-tightening as a result of Masterfood Europe's efforts to become a 'leaner and [...]

Northfield, Ill.-based Kraft Foods Inc. has realigned the financial-reporting structure for its North American businesses following the sale of its Altoids, Life Savers and other candy brands. The company restated [...]

Cousins Foods Ltd., Addison, Ill., was renamed Great Kitchens Inc. as part of a recapitalization instituted late last year by Chicago's Arbor Private Investment Co. L.P. The private label pizza […]

MILAN, Italy -- Insolvent Italian dairy company Parmalat Finanziaria has decided not to sell the main activities of U.S. dairy operation Farmland Dairies and it is looking for a new [...]

The restructuring plan of insolvent Parmalat Finanziaria SpA calls for the creation of a new company partly owned by creditors, to retain the Italian processor's debt and assets. The proposal […]

Late April found frozen potatoes and snacks processor McCain Foods USA considering the relocation of its corporate headquarters to the Chicago suburb of Lisle, III., from nearby Oak Brook, [...]

Parmalat USA Corp., a unit of the troubled Italian dairy company Parmalat Finanziaria SpA, filed for bankruptcy-court protection from creditors late last month, listing assets and debts of at least [...]

Kraft Foods Inc., plans to axe 6,000 jobs or 6% of its staff, and close up to 20 plants over the next three years in a global turnaround plan expected [...]