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Food & Beverage

FDA warns Coca-Cola over nutritional claims

December 29, 2008
Federal health regulators have scolded Coca-Cola for placing inappropriate nutritional claims on its Diet Coke Plus soft drink, according to the Associated Press. The Food and Drug Administration issued a
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Tyson Foods signs new lender agreement

December 22, 2008
Tyson Foods Inc. has signed a new agreement with its creditors, that puts up almost the entire company as collateral for its loans, according to the Associated Press. Tyson filed
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Poultry waste dumped in river poses health danger

December 15, 2008
The Associated Press reports that Oklahoma’s Attorney General says that dangers to human health are "still very real" in the Illinois River watershed because 13 Arkansas-based poultry companies continue to
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Immigration raids could force meatpackers to raise worker pay

December 8, 2008
An immigration raid and legal action have left a northeast Iowa kosher slaughterhouse reeling, but they''re not the reason the plant has struggled to remain open, according to the Associated
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Pilgrim''s Pride files for bankruptcy protection

December 1, 2008
The Associated Press reports that Pilgrim''s Pride Corp. has filed for Chapter 11 bankruptcy protection. The company has been hurt like other meat producers by volatile feed prices and slumping
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Buckeye trims production at plants in Memphis, Brazil

December 1, 2008
Buckeye Technologies Inc. announced that it is shutting down a plant in Brazil for the month of December and eliminating one shift at its Memphis cotton specialty fibers plant,
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PepsiCo to invest up to $3 billion in Mexico in the next 5 years

November 24, 2008
The Associated Press reports that PepsiCo Inc. plans to invest up to $3 billion in Mexico in the next five years to grow its beverages and food brands Sabritas and
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Pepsi Bottling announces restructure, effecting 3,000 jobs

November 19, 2008
The Associated Press reports that Pepsi Bottling Group Inc. has cut its 2008 profit outlook and has announced a restructuring plan that will affect more than 3,000 jobs worldwide.
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Thanksgiving brings few blessings this year to troubled turkey industry

November 17, 2008
Meat producers have been struggling this year with higher costs for key ingredients like corn, soybeans and oil, part of why the cost of beef and chicken has risen so
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Attorneys move to close Actavis NJ facilities

November 17, 2008
The Associated Press reports that U.S. Attorneys in New Jersey have filed a lawsuit seeking a shutdown of three Actavis Inc. plants until they are brought into compliance with testing,
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