McDonald's Corp. announced a turnaround plan, including a restructuring of a new leadership team. Meanwhile, Panera Bread Co. named Drew Madsen as president, responsible for overseeing the core café business.
Seaboard Foods, Shawnee Mission, Kan., and Triumph Foods, St. Joseph, Mo., formed a joint venture with equal ownership to construct a new pork processing facility in Sioux City, Iowa.
ConAgra Foods, Inc., Omaha, Neb., acquired Blake’s All Natural Foods, a family-owned frozen foods processor of natural and organic frozen meals, including pot pies, casseroles, pasta dishes and other entrées.
Chicago-based Loeb Winternitz Industrial Auctioneers announced that assets from Matador Processors’ USDA food processing and packaging facility was sold as a complete operation.
Kansas City Southern, Kansas City, Mo., announced that its U.S. subsidiary, The Kansas City Southern Railway Co. (KCSR), will invest approximately $15.6 million on construction and improvement projects in 2015.