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Compared with 2018, over 75% of foodservice packaging manufacturers and suppliers expect volume expansion and more than 65% expect profit growth in 2019.
The Foodservice Packaging Institute, Fall Church, Va., released its 2019 State of the Industry Survey, which shows steady industry volume and profit growth continuing into the remainder of the year.
Five food trends, ranging from ethical dining to multicultural menus, are expected to dominate menu development on college campus dining operations in the next few years, according to a study released by Y-Pulse, Chicago.
The 27,000-square-foot innovation center is an integrated research and development facility designed to generate new ideas and concepts and enable the rapid roll-out of localized and innovative products.
This acquisition combines Lobster Ink’s customer training capabilities and digital platform with Ecolab’s expertise in food safety, hygiene, water management and public and planet health.
Ecolab Inc., St. Paul, Minn., acquired Lobster Ink, a Geneva-based provider of end-to-end online customer training solutions for foodservice companies.
Durational Capital Management LP, New York, and The Jordan Co. L.P., New York, acquired Bojangles’, Inc., which will operate as an independent, privately-held company and will remain based in Charlotte, N.C.
While many traditional purchase paths and gatekeepers remain the same, there is a shift in operator preferences toward convenience, simplicity and accessibility.
From functional menu items to eco-friendly packaging, Technomic, Chicago, outlines a broader view of foodservice trends with regards to restaurant menus, service strategies and best practices in 2019.
J.H. Whitney Capital Partners, LLC, New Canaan, Conn., acquired a majority interest in Firebirds International, LLC, Charlotte, N.C., from Angelo, Gordon & Co., L.P., New York.
The Wendy's Co., Dublin, Ohio, announced what is said to be an industry-leading step that will allow the company to better understand and communicate how cattle for Wendy's fresh beef hamburgers are raised, facilitating advancements in animal care, antibiotics and sustainability.
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