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Food & Beverage

Sara Lee Selling Unit to Ralcorp for $545 Million

Sara Lee will sell its North American refrigerated dough business to Ralcorp for $545 million as it moves closer to splitting itself into two separate entities, according to the
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Asia Pacific Breweries CEO to Retire

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Teva Sued Over HIV Medicine Patent

According to Bloomberg, Teva Pharmaceutical Industries Ltd., the world’s largest generic-drug maker, was sued by a joint venture of GlaxoSmithKline Plc and Pfizer Inc. for infringing a U.S. patent
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Cargill Earnings Slip on Food Ingredients

According to MarketWatch, Cargill Inc. said Tuesday that fourth-quarter earnings slipped 7 percent on weakness in its food ingredients segment and energy trading. The company reported earnings for the quarter
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Metal Pumps for Food and Beverage

The Saniflo™ Series VC Metal Pump is designed to handle the most demanding solids-handling applications in the food and beverage industry. Saniflo VC pumps are air-operated, electrically controlled pumps that
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Cargill Recalling 36 Million Pounds of Ground Turkey

According to the Associated Press, Cargill is recalling 36 million pounds of ground turkey linked to a nationwide salmonella outbreak that has killed one person in California and sickened at
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Pfizer May Try to Market Over-the-Counter Lipitor

The Associated Press reports that Pfizer declined to comment on reports it hopes to start marketing an over-the-counter version of its cholesterol drug Lipitor, the world''s biggest-selling prescription drug, after
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Pilgrim''s Pride to Close Dallas Processing Facility by Late September

PRNewswire reports that Pilgrim''s Pride Corporation plans to close its chicken-processing plant in Dallas, Texas, within 60 days as part of its continuing effort to reduce costs and operate more
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Dairy Company Sells Farms to Chinese Firm

Feihe International Inc., formerly known as American Dairy, plans to sell its two dairy farms in China to a Chinese investment company, according to the Associated Press. The investment firm,
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Pilgrim''s Expands Voluntary Recall Due to Potential Listeria Contamination

According to PRNewswire, Pilgrim''s Pride Corporation is expanding last week''s voluntary recall of ready-to-eat chicken products due to potential contamination from Listeria Monocytogenes. The expanded recall involves approximately 7,072 pounds
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