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Food & Beverage

MillerCoors faces legal battle in Ohio over cost-cutting measures

September 5, 2008
According to the Associated Press, MillerCoors LLC is facing a court fight in Ohio over its attempt to trim costs by cutting beer distributorships. Beverage Distributors Inc. of Cleveland and
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Coca-Cola to buy China’s Huiyuan juice maker company

September 3, 2008
Coca-Cola Company offered to buy Chinese juice maker Huiyuan for a hefty price tag of $2.5 billion, marking the biggest takeover in China by a foreign company. Coca-Cola agreed to
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FDA and court rulings allow companies to start selling generic Alzheimer''s drug

September 3, 2008
Mylan Inc. said Friday it is immediately launching a generic version of the Alzheimer''s disease drug Razadyne after receiving regulatory approval and a favorable court ruling, according to the Associated
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Sara Lee sauces bought by Richelieu Foods

September 2, 2008
Tuesday the Associated Press announced that Richelieu Foods Inc. has bought the Sara Lee foodservice sauce and dressings business. The sauce and dressings business makes salad dressing, mayonnaise and barbecue
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Anheuser-Busch takeover one step closer

August 29, 2008
InBev said Thursday it completed its primary syndication phase of the committed financing for its $52 billion takeover of Anheuser-Busch. The combination will create the world’s largest brewer. The mandated
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Penford restarts plant in Cedar Rapids, Iowa

August 27, 2008
The Associated Press reports that specialty ingredients producer Penford Corp., recently announced that its principal subsidiary, Penford Products Co., has resumed manufacturing industrial starch at its Cedar Rapids, Iowa, facility.
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Russia mulls poultry, pork import quota cuts

August 27, 2008
According to the Associated Press, Russia could cut poultry and pork import quotas by hundreds of thousands of tons, Agriculture Minister Alexei Gordeyev said recently. Domestic producers could meet the
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New FDA labeling rule for drugmakers could be a lawsuit shield

August 25, 2008
As reported by the Associated Press on Monday, Government regulators have issued new rules designed to keep drug warning labels clear and concise, though some say the new guidelines would
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DuPont unveils two new European research facilities in Hungary, Italy

August 25, 2008
On Monday, DuPont Co. announced it is opening two new research centers in Italy and Hungary as part of an effort to boost its seed business in Europe, as reported
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Heinz gains, Hormel hurts on high commodity costs in quarter

August 25, 2008
Rising commodity costs kept weighing on food makers H.J. Heinz Co. and Hormel Foods Corp. in the most recent quarter, even as consumers continued to swallow price increases for their
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