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Exclusive: Sysco, US Foods offer to divest 11 facilities to win FTC deal approval
2015-01-31 01:25:02| Food - Topix.net
Food distributor Sysco Corp and its biggest rival, US Foods Inc , have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are the only companies with the geographic reach to offer nationwide contracts to deliver a wide range of goods to customers ranging from hotel chains to hospitals to fast food chains and fine restaurants.
Tags: offer
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Even 'Better-for-You' Foods Appear Suspect
2015-01-30 23:04:00| Food Processing
New NPD Group research finds less interest in positively 'altered' foods, growing concern over GMOs.
Tyson Foods Expands Fresh Tray Pack Chicken Plant
2015-01-30 20:10:46| Food - Topix.net
Tyson Foods, Inc., Springdale, Ark., announced plans to make major improvements to its Vienna, Ga., poultry plant as part of an ongoing plan to maximize efficiencies and meet growing demand. The capital improvement project, valued at more than $110 million, will bolster the future of the operation and create more than 500 jobs in Vienna.
Mega Whole Foods May Come to Sunset Harbour Close to Publix, Fresh Market
2015-01-30 16:29:03| Grocery - Topix.net
According to the South Florida Business Journal , real estate developers Crescent Heights is proposing to build a Whole Foods Market at 1901 Alton Rd. This new market would, in effect, be within walking distance of two Publix stores and Fresh Market in Sunset Harbour . The property, currently owned by Wells Fargo Bank, would house the organic grocer in a whopping 55,351-square-foot, four-story structure.
Tags: close
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foods
With Hillshire Under Its Wing, Tyson Foods' 1Q Sales, Profit Rise
2015-01-30 16:00:39| Food - Topix.net
Tyson Foods Inc. of Springdale on Friday reported first-quarter net income of $309 million, up 22 percent from $252 million in the same quarter last year.
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