Cold Foods Industry News

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Private equity investor Revelry Brands, Boulder, Colo., said it acquired a minority stake in the Icelandic Milk & Skyr Corporation, New York, N.Y.

A M King Construction, Charlotte, N.C., said it broke ground for a 103,000-square-foot fresh bun bakery and distribution center in Clayton, N.C., (see image, left) for Northeast Foods Inc.

ConAgra Foods, Inc., Omaha, Neb., said it completed the sale of its Gilroy Foods & Flavors dehydrated and vegetable product operations to Olam International.

Hectic schedules and tighter budgets have changed the way consumers cook, shop, and break bread, according to an audience trend report from Martha Stewart Living Omnimedia, Inc. (MSLO).

Senior food and beverage industry executives see improved revenue and profitability this year and next, but caution that the jobs outlook in their sector will only gradually improve in 2011.

J&J Snack Foods Corp., Pennsauken, N.J., said Vincent Melchiorre, an executive vice president with the company's food group and the president of Country Home Bakers, Shelton, Conn., will resign effective September 3, 2010.

McDonald's USA, Oak Brook, Ill., said Karen Wells, vice president, U.S. Strategy and Menu will take on an expanded role involving U.S. nutrition.

Foodservice distributor Sysco Corporation, Houston, said it acquired Lincoln Poultry & Egg Co., a broadline foodservice distributor based in Lincoln, Neb.

Exopack LLC, Spartanburg, S.C., said it completed its $82 million purchase of two food packaging plants from Bemis Company.

To provide greater efficiency in customer service, Stellar, a Jacksonville, Fla., construction, design, engineering and mechanical services firm, has expanded its existing Refrigeration division to include the company’s Maintenance, Parts and Operations and Automation Services divisions.