Now that it has exited bankruptcy, chicken processing giant Pilgrim's Pride Corp. plans to eliminate about 230 corporate and administrative positions during the first phase of its integration with Brazilian meat company JBS SA.
Resolved to lose weight in the new year? Consumers Union, Yonkers, N.Y., says the February issue of its Consumer Reports Health magazine reviews of 24 frozen microwaveable diet meals.
Nestlé, Vevey, Switzerland, has agreed to purchase Kraft's frozen pizza business in the United States and Canada, including the DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio brands.
Industrial Info Resources (IIR) Sugar Land, Texas, said North American food and beverage processors spent an estimated $26.7 billion for facility projects during 2009.
Kraft Foods Inc., Northfield, Ill., said it will introduce more than 20 new foods and beverages in the first few months of the new year "that boast trendy, restaurant-inspired flavors."
Pinnacle Foods Group LLC, Mountain Lakes, N.J., said it completed its $1.3 billion purchase of Birds Eye Foods Inc. from a holding company controlled by Vestar Capital Partners.
Poultry giant Pilgrim's Pride Corporation, Pittsburg, Texas, said the company and six of its subsidiaries emerged from Chapter 11 bankruptcy protection after a 13-month restructuring.
Birds Eye Foods' primary fruit and vegetable supplier Pro-Fac Cooperative, Inc., Fairport, N.Y., said it received a distribution of approximately $238 million from Birds Eye Holdings, LLC upon the closing of the sale of Birds Eye Foods, Inc. to the Pinnacle Foods Group.