Graphic Packaging Holding Co., Marietta, Ga., said it will issue 47.0 million shares of public stock to (1) repurchase 6.5 million shares of common stock held by the Grover C. Coors Trust.
As America ramps up its fight against bulging waist lines, restaurant chains are providing ammunition in the form of appetizing menu items with 550 or fewer calories, says foodservice researcher Technomic.
Processed meats giant Smithfield Foods, Inc., Smithfield, Va., is considering the acquisition of Campofrio Food Group S.A., Madrid, Europe's leading packaged meats company.
Despite a weak economy, consumer packaged goods marketers are developing new products that raise the bar on consumer expectations around everyday CPG solutions.
Meat, poultry and prepared foods giant Hormel Foods Corporation, Austin, Minn., said it promoted Scott Aakre to vice president of corporate innovation and new product development.
Performance Food Group, Richmond, Va., said it will add 35,000 square feet to its 80,000-square-foot multi-temp foodservice distribution center in Springfield, Mo.
Paperboard packaging supplier MeadWestvaco Corp. (MWV), Richmond, Va., said it hired ConAgra frozen food veteran Diane Teer as president of MeadWestvaco's Food packaging business.
Emerson Climate Technologies, Inc., St. Louis, said its Vilter Manufacturing LLC business opened a $2 million technology and innovation center at its Cudahy, Wis., headquarters.