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Restaurant operators never had it easy. Long before the pandemic, it was their industry that was notorious for a high failure rate. The estimates vary, but the most commonly quoted number is that in good times, 60% of restaurants fail within their first year, and 80% within five years. That’s a staggering statistic by itself.
Tyson Foods announced plans to build new production facilities in China and Thailand, and expand its facility in the Netherlands. The latest expansions, adding over 100,000 metric tons of fully cooked poultry capacity, build on the company’s global growth strategy to become the leader in protein by serving emerging markets and strategic customers.
J&B Group, Inc. announced plans to sell its Pipestone, Minn., manufacturing plant in order to consolidate operations by moving the Pipestone production to its St. Michael, Minn., headquarters facility, effective Nov. 22.
Amboy Group’s 110,000-square-foot facility is USDA, FDA and SQF 2000 Level 2-certified, and includes a fully automated temperature-controlled space that uses advanced, computer-controlled automated storage and retrieval systems and EMS storage technologies.
United Premium Foods (UPF), a Woodbridge, N.J.-based private investment group, purchased the Amboy Group, a Woodbridge, N.J.-based provider of quality meat and food products, out of bankruptcy.
High demand for packaged foods and processed meat products, increased concerns for food safety, technological advancements in the food processing industry and aggrandized need for automated processing systems are expected to drive the growth of the global meat processing equipment market, according to a study released by Allied Market Research, Portland, Ore.
Smithfield Foods, Inc., Smithfield, Va., and Isle of Wight County Schools, also based in Smithfield, Va., unveiled a new Junior Reserve Officer Training Corps (JROTC) fieldhouse for Smithfield High School’s JROTC program.
The facility services six McDonald's distribution centers and 2,900 McDonald's restaurants throughout the Southeast as well as four Nestlé manufacturing facilities.