Cold Foods Industry News

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Crown Equipment Corp., New Bremen, Ohio, opened a new sales and service location in Sandston, Va.

Canada-based Saputo Inc. and its Australian subsidiary, Warrnambool Cheese and Butter Factory Co. Holdings Ltd. (WCB), entered into an agreement to acquire the everyday cheese (EDC) business of Lion-Dairy & Drinks Pty Ltd., based in Victoria, Australia.

Kane Is Able (KANE) added a Northeast Ohio warehouse to its national distribution network to address growing customer demand in the Greater Cleveland-Akron-Canton market.

Norwest Equity Partners (NEP), a Minneapolis-based middle market investment firm, made an investment in Old Hickory Smokehouse LLC.

Japan-based Ajinomoto Inc. announced plans to restructure its subsidiary Ajinomoto North America, Inc. (AJINA), Fort Lee, N.J.

Nick Meriggioli was named chief executive officer of Johnsonville Sausage, succeeding Ralph Stayer, who announced plans to retire, effective April 1.

Land O’Frost, Munster, Ind., informed approximately 125 employees at its Wimmer’s Meats manufacturing facility in West Point, Neb., that the plant will close and operations will be moving to the company’s other facilities.

United States Cold Storage (USCS), Voorhees, N.J., completed a Phase III expansion of its Wilmington, Ill., location, which underwent its first addition in November 2013.

Genesee & Wyoming Inc. (G&W), Darien, Conn., acquired approximately 95% of the shares of London-based Freightliner Group Ltd. from Arcapita and other shareholders for cash consideration of approximately $755 million.