Refrigerated pasta and specialty foods processor Monterey Gourmet Foods, Inc., Salinas, Calif., said it agreed to be purchased by Korea's Pulmuone U.S.A., Inc. in a $2.70 per share cash tender.
The changing economy has spurred many consumers to change their spending habits with more than half of consumers saying they are buying less in the deli and prepared food areas.
United Supermarkets LLC, Lubbock, Texas, said it acquired local refrigerated foods processor Praters Foods Inc. to strengthen its prepared food capabilities.
To better optimize its production, refrigerated foods processor Monterey Gourmet Foods, Salinas, Calif., said it will close an Emerald Valley organic products plant in Eugene, Ore.
To expand its Northwest presence, United States Cold Storage (USCS), Voorhees, N.J., has constructed and now opened a 1.8 million-cubic-foot public refrigerated warehouse in Clearfield, Utah.
Ethnic and specialty foods processor Circle Foods today will open a newly constructed 132,000-square-foot processing plant and warehouse in Otay Mesa, Calif.
Completed last summer, a $46 million central commissary in Claysburg, Pa., is now servicing the more than 350 convenience stores belonging to Sheetz Inc., Altoona, Pa.