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Food & Beverage

SABMiller to spend $125 million more in India

December 4, 2006
According to bizjournals.com, SABMiller plc, the owner of Miller Brewing Co. in Milwaukee, plans to spend another $125 million on its brewing operations in India over the next two to
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Del Monte halting Hawaii operations, laying off 551 workers

December 4, 2006
According to the Associated Press, Fresh Del Monte Produce Inc. said that it will halt its Hawaii operations immediately—well ahead of a 2008 closing announced this year. Del Monte said
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Tyson Foods settles discrimination suit

November 13, 2006
Tyson Foods Inc., recently said it reached a nearly $1 million settlement with a group of current and former workers who filed a racial discrimination lawsuit involving actions at the
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Ralcorp closes $170 million California bakery buy

November 13, 2006
Ralcorp Holdings Inc. said it has completed its $170.8 million purchase of Cottage Bakery Inc., bizjournals.com reports. Cottage Bakery''s management team will continue operations at its manufacturing facility in Lodi,
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Dean Foods under SEC review

November 6, 2006
Dean Foods Co., a maker of yogurt, soy milk, and other foods and beverages, recently said it was notified by that its stock options grants practices are under an informal
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Worker suit versus Tyson now class action

October 16, 2006
The Associated Press reports that a federal judge granted class action status to a lawsuit that contends Tyson Foods Inc., depressed wages by hiring illegal immigrants at eight plants in
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Smithfield completes ConAgra meats buy

October 9, 2006
According to the Associated Press, pork producer Smithfield Foods Inc. has completed its $571 million acquisition of packaged-foods company ConAgra Foods Inc.''s refrigerated meats business. The purchase price announced at
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Heinz certifies vote giving two dissidents board seats

September 19, 2006
Billionaire Nelson Peltz and another dissident investor who sought changes at H.J. Heinz Co. were elected to the ketchup maker''s board, according to officially certified results released last Friday. According
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Tyson hopes to resume beef exports with lifting of South Korea ban

September 19, 2006
Tyson Foods Inc., the world''s largest meat processor, hopes to resume beef sales to South Korea now that the Asian nation has finalized plans to lift a 2003 ban imposed
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Drug companies seek lower FDA review fees

September 5, 2006
Drug industry representatives are urging the government to increase the Food and Drug Administration''s budget for reviewing drugs, in an effort to shrink the amount companies pay to have new
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