Dean Foods Co., Dallas, will pay approximately $450 million to acquire the Alpro division of Vandemoortele N.V., Belgium's largest privately held food company.
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.
New features at Hormel Foods Corp.'s consumer Web site (www.hormel.com) let consumers download and print their own coupons for retail deli sandwich meats (55 cents), pepperoni (55 cents), microwave bacon, party trays and even refrigerated entrees ($2.00).
You can’t handle the truth!” is the most famous line from the 1992 courtroom drama “A Few Good Men” starring Tom Cruise, Jack Nicholson and Demi Moore. In the Academy Award-nominated film the “truth” in question has to do with a violent crime.
U.S. food and beverage processors will invest an estimated $6.5 billion their manufacturing and distribution assets during the next two years according to Industrial Info Resources (IIR).
Although the category has not been recession proof, U.S. retail functional food and beverage sales still grew by 6 percent to an estimated $31 billion in 2008 from $29 billion the year before.