Cold Foods Industry News

RSS

Gorton's Inc., Gloucester, Mass., said President and CEO Steve Warhover will retire effective April 1st, ending 23 years at the helm of this frozen seafood company.

James Reits was promoted to executive vice president and chief financial officer for the Hanson Group.

Reuters reported that Kraft Foods Inc., Northfield, Ill., will freeze the 2009 salaries of CEO Irene Rosenfeld and 18 other top officials.

The private investor group Mill Road Capital, L.P., Greenwich, Conn., has made a $0.36 per share offer for all outstanding shares of Galaxy Nutritional Foods Inc.

Chuck Carey has been promoted to vice president of sales and marketing at Randall Manufacturing.

Using coupons, eating fewer meals out, preparing more home cooked meals from scratch, and substituting private label products for leading branded items are just a few of the strategies market intelligence source Packaged Facts expects to see consumers utilize this year.

Less was definitely more at restaurants last year.

Last year, food and beverage processors introduced nearly 50,000 new products out of a total 122,743 new UPC offerings in U.S. grocery, drug and mass merchandise stores.

Schwan’s Consumer Brands North America Inc., Bloomington, Minn., said it appointed Travis Bautz as vice president in charge of a newly formed Product Innovation team.

Safeway Inc.’s O Organics Four Cheese Stone Baked Pizza was named one of just 16 new retail products honored as “Products of the Year.