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Food industry quotes of the week - Quorn, ConAgra, Thai Union Group

2015-10-02 17:15:25| Food - Topix.net

Philippines group Monde Nissin was this week named as the buyer of Quorn Foods, agreeing a deal that valued the UK meat-free business at GBP550m. ConAgra Foods, under-pressure from changing consumer trends in the US, outlined its plan to revitalise the group, with 1,500 jobs to go as part of the process.

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Bullish Thesis Inevitable With ConAgra Foods Growth Potential And Expected EPS Growth

2015-10-01 22:26:39| Food - Topix.net

Increased focus on strengthening core brands with constant innovations and renovations will attract customers and will improve top-line numbers. ConAgra Foods has been on track to delivering a healthy performance in future years.

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ConAgra Moving to Chicago, Cuts 1,500 Jobs

2015-10-01 19:03:00| Food Processing

Struggling ConAgra Foods says it will cut 1,500 jobs and move corporate headquarters and 700 jobs to downtown Chicago as part of a restructuring.

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Slim Jim maker ConAgra to cut 1,500 jobs

2015-10-01 18:05:29| Food - Topix.net

ConAgra Foods, the maker of Slim Jims, Peter Pan peanut butter, Orville Redenbacher popcorn and Chef Boyardee, is cutting 1,500 jobs and moving its headquarters from Omaha to Chicago. ConAgra said Thursday that the layoffs will affect workers in the company's corporate offices worldwide and not at any of its food production plants.

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ConAgra to Cut 1,500 Jobs, Moving HQ to Chicago

2015-10-01 16:57:26| Food - Topix.net

ConAgra said the decision should result in about $200 million in cost savings with most of that realized in fiscal 2018. The company said the savings are in addition to approximately $150 million in cost cuts over the last two years.

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