Cold Foods Industry News

RSS

GE Capital, Corporate Finance, Norwalk, Conn., said it is collateral agent for a $120 million asset-based credit facility to fresh and frozen seafoods processor Ocean Beauty Seafoods, LLC.

Senior management from Pierre Foods, Inc., Advance Food Company, Inc. and Advance Brands, LLC, said today that all three companies have agreed to merge.

The real estate development and construction firm Campanelli Companies, said it will build a 46,300-square-foot cold storage facility in Kearny, N.J.

Denmark's Arla Foods amba said it expects by early summer 2011 to expand its Hollandtown, Wis., cheese facility.

Food packaging equipment supplier Harpak, Inc., South Easton, Mass., said it merged with Spain's Ulma Group and Ulma Packaging Systems Inc., Onati, Spain.

Great Lakes Cheese Co. Inc., Hiram, Ohio, completed an $80 million expansion at its Adams, N.Y., cheese plant.

Cinnamon roll bakery cafe operator Cinnabon, Atlanta, is considering expanded breakfast and lunch menus, according to a report by Nation's Restaurant News (NRN).

Nearly every household in the United States purchases store brands today, and 80 percent of consumers believe store brand products are equal or superior to national brands.

In the final step of a merger that took place earlier this year, officials at Catelli Bros, Delimax Veal Inc., NRV, and Specialty Meats Inc. said they will operate under a newly formed parent company called Fontelli Food Group.

Private equity investor Revelry Brands, Boulder, Colo., said it acquired a minority stake in the Icelandic Milk & Skyr Corporation, New York, N.Y.