General Mills to cut 850 jobs in cost savings plan
General Mills intends to cut 850 jobs globally as part of a cost savings plan, the company said Tuesday.
Archives for May 21, 2012
Greencore sales rise after Uniq acquisition
Irish convenience foods manufacturer Greencore saw its sales soar in its first quarter interim results driven by its recent acquisition of Uniq.
Bemis becomes voting member of AMERIPEN
Bemis is one of four companies to join the American Institute for Packaging and the Environment (AMERIPEN) as voting members.
Nordson expands presence in flexible packaging market
Nordson Corporation has acquired EDI (Extrusion Die Industries) Holdings for US$200m and described it as a “clear fit with our strategy of acquiring companies that provide differentiated precision technology.”
ConAgra Foods snaps up Kangaroo Brands’ private label pita chips business
ConAgra Foods' buying spree has continued with the acquisition of Wisconsin-based Kangaroo Brands’ private label pita chips business - its fourth deal in the 2012 fiscal year.
Cocoa deficit to bring prices higher, predicts Rabobank
A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.
D&W Fine Pack aims for market expansion after takeover
D&W Fine Pack has acquired the thermoforming division of Clear Lam Packaging to expand product lines and market reach.
General Mills fined $850 following worker’s death
Food giant General Mills has been fined $850 for a safety violation at a plant in the US where a worker was killed last year.