Business
BreadTalk Group Struggles in Financial Trouble
In the midst of what it called its most challenging crisis since it started operations in 2000, BreadTalk Group is placing its more than 3,800 employees in Singapore on varying degrees of no-pay leave to save jobs and keep the company…
Read More...
Read More...
Lantmännen Unibake Launches Americana Brand Into Retail
Lantmännen Unibake has recently launched a selection of frozen Americana products into Tesco. With retail bread supply barely able to keep up with demand following the foodservice market shutdown, more and more businesses are trying to move…
Read More...
Read More...
Aryzta Halts Production in Eight Bakeries, Furloughs Staff
Baked goods manufacturer Aryzta has recently implemented a range of measures to reduce costs during the Covid-19 pandemic restrictions. The Swiss based group said it has halted production in three bakeries in Europe and five in north…
Read More...
Read More...
The Bakery Cos. Invests in Croissant Production
The Bakery Cos. has begun work on a 50,000-square-foot expansion of its Nashville operation to produce frozen, thaw-and-serve croissants for the retail, in-store bakery and foodservice channels.
Read More...
Read More...
Fazer Outsources its Online Store Operations
The company announced in a press release that it has evaluated different options to streamline the operations of the online shop Fazer Store. Following the employers plans to outsource the operations of Fazer Store, it has initiated…
Read More...
Read More...
Barry Callebaut and Unilever Work Together to Support Cocoa Farmers in Côte d’Ivoire
Barry Callebaut and Unilever join forces to respond to COVID-19 with the donation and distribution of 10,000 pieces of soap to cocoa farming communities in Côte d'Ivoire. The World Health Organization recommends that frequent hand washing…
Read More...
Read More...
General Mills Commits to 100% Renewable Electricity Globally by 2030
In a recent press release, General Mills stated its commitment to source 100% renewable electricity by 2030 as part of the RE100 global corporate initiative. To achieve this, the company is investing in renewable energy efforts to support…
Read More...
Read More...
Radicle Growth, Sygenta Launch Protein Innovation Challenge
Radicle Growth, an acceleration fund, and Syngenta, a leading agriculture company helping to improve global food security, today announced the launch of The Radicle Protein Challenge by Syngenta.
Read More...
Read More...
Mondelez’s Q1 Report Exceeds Forecasts
Mondelez International, owner of famous food brands like Oreo cookies, Cadbury Dairy Milk chocolate, Toblerone chocolate, and Trident chewing gum, released its first quarter 2020 earnings report today. Revenues grew 2.6% overall, while…
Read More...
Read More...
AAK Reports Continued Profit Growth for Q1
Total volumes for the quarter decreased by 1%, while operating profit, excluding acquisition costs, reached over EUR50m, a year-over-year improvement by 7%. Earnings per share increased by 11%, during the same period.
Read More...
Read More...
ABA Announces New Board Chair
The American Bakers Association (ABA) voted for Brad Alexander, Flower Foods’ COO, as new board chair and for the group’s new slate of officers. “Brad is no stranger to ABA – having been involved with this organization longer than anyone on…
Read More...
Read More...
Rich Products Acquires Rich Graviss, India
Rich Products Corp has acquired the outstanding 50% stake in Mumbai-based Rich Graviss Products, a market-leading provider of products for foodservice and in-store bakeries. The seller is Rich’s joint-venture partner Graviss Group. BDA…
Read More...
Read More...
Ingredion Extends Its Virtual Lab
Ingredion has extended its virtual lab, INSIDE IDEA LABS™, to the bakery and snacks market in the Asia-Pacific (APAC) region, offering food manufacturers a platform with 24/7 online access to essential information on bakery and snack…
Read More...
Read More...
Study: A Shift to a More Sustainable Food System Is Inevitable
A radical change is coming in how the world produces and distributes food and a new report from Science Advice for Policy by European Academies (SAPEA) lays out the social science evidence on how that transition can happen in an inclusive,…
Read More...
Read More...
Bunge Loders Croklaan Reduces the Level of Dangerous Chemicals in Oils
Bunge Loders Croklaan, a key supplier in specialty oils and fats for the food industry, has strengthened mitigation of 3-MCPDe in its oils portfolio ahead of expected European legislation. "We are positioned to ensure food companies can…
Read More...
Read More...
Equinom Proposes New Methods for Sesame Trade
Seed breeding specialist Equinom’s expansion of its modern cultivation methods into the global market is changing the paradigm on production and trading of sesame. They are meant to increase profitability and market stability, but also to…
Read More...
Read More...
The Retail Bakers of America Names New Board President
The Retail Bakers of America announces Patti Stobaugh is the new board president. The owner of PattiCakes Bakery in Conway, Arkansas will lead the RBA for the next two years. Due to the current situation in the world, the RBA was unable to…
Read More...
Read More...
AMF Bakery Systems Appoints Expert to Drive Growth in Mixing and Dough Handling
AMF Bakery Systems welcomed Terry Bartsch to support business development and product line improvement for mixing and dough system technologies worldwide. Bartsch joins the company with over 35 years of sales, marketing, and leadership…
Read More...
Read More...
