Food Product Design

Diamond Foods Axes CEO, CFO Over $80M Accounting Snafu

Diamond Foods announced today its CEO Michael Mendes and CFO Steven Neil were put on administrative leave and the snack maker will have to restate financial results for fiscal years 2010 and 2011 after the audit committee of its board of directors determined improper ...More

Yesterday

Posted in News

Cargill Invests €$20M to Upgrade German Chocolate, Cocoa Facilities

Cargill is investing nearly €20 million in its newly acquired cocoa and chocolate facilities in Berlin to upgrade. The investment will enhance Cargill’s leading position in Germany, the largest chocolate market in Europe, and create two state-of-the-art cocoa and chocolate ...More

Yesterday

Posted in News, Bakery / Cereal

Frutarom to Acquire Brazilian Flavor Company

Frutarom signed an agreement to acquire Mylner, a flavor manufacturer in Brazil. ...More

February 8, 2012

Posted in News, Bakery / Cereal, Flavor

Coca-Cola 4Q11 Sales Beat Expectations

The Coca-Cola Company released its fourth quarter 2011 financials that beat expectations and long-term growth targets for non-alcoholic ready-to-drink beverages, sparkling and still beverages. The company experienced strong full-year global volume growth of 5% led by the ...More

February 7, 2012

Posted in News

Food Safety Top Priority for Consumers, Manufacturers

Just this past year, food recalls and natural disasters affected global food supply chains, while political upheavals, new government regulations and continued debates about the environment pushed the issued of foods safety to the forefront of both manufacturers’ and ...More

February 7, 2012

Posted in News, Bakery / Cereal

Maple Leaf Foods to Change ‘Misleading’ Product Labels

Maple Leaf Foods announced it is changing product labels on its line of Natural Selections line of deli meat products after a CBC Marketplace investigation revealed the meats contain nitrites, which may be linked to an increased risk in cancer. ...More

February 7, 2012

Posted in News

DuPont Sets Goals to Curb World Hunger

In an effort to curb world hunger, DuPont announced new food security goals that address innovation, education and rural community development that will be tracked along with the company’s current sustainability goals. DuPont has set a 2020 goal for completion of the new ...More

February 6, 2012

Posted in News, Bakery / Cereal

Three Brands Join PepsiCo's Billion-Dollar Club

Three more PepsiCo beverage brands hit the billion-dollar mark. ...More

January 26, 2012

Posted in News

Barry Callebaut, Unilever Sign Partnership Agreement

Barry Callebaut and Unilever signed a long-term global partnership agreement. ...More

January 24, 2012

Posted in News

Autocrat, RFI Form Business Alliance

Autocrat LLC, a roaster and manufacturer of coffee extracts, has entered into an alliance with RFI LLC, a supplier of tea extracts and blends, including certified-organic and proprietary formulations. The alliance allows the companies to develop greater opportunities for ...More

January 20, 2012

Posted in News, Flavor

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