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Food & Beverage

Tyson spent more than $555,000 lobbying in second quarter

August 20, 2008
The Associated Press reports that Tyson Foods Inc., the world''s largest meat processor, spent more than $555,000 in the second quarter lobbying the federal government on agriculture and trade
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Eli Lilly division will purchase Monsanto''s cow growth hormone business for $300 million

August 20, 2008
Two weeks after Monsanto said it was selling off the business that makes artificial growth hormone for dairy cows, Eli Lily and Company has agreed to pay $300 million to
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Flooded Tyson plant in Wisonsin reopens, cuts jobs

August 18, 2008
A flood-damaged Tyson Foods Inc. plant in Jefferson, Wisconsin has reopened but the meat maker is cutting more than 200 jobs there due to damaged equipment, the Associated Press reports.
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Michigan police seize 20 pallets of stolen snacks

August 13, 2008
Michigan State Police say they''ve seized more than 20 pallets of stolen crackers and cookies from 13 Detroit area grocery stores and a warehouse as part of a probe into
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Pilgrim''s Pride to stop production at two plants

August 11, 2008
According to the Associated Press, chicken producer Pilgrim''s Pride Corp. will stop production at processing plants in Arkansas and Louisiana in a bid to boost profits. The production cutback will
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Molson Coors second quarter profit falls 56 percent

August 6, 2008
The Associated Press reports that soaring costs for fuel, grains and packaging, along with consumers pulling back their spending, pushed Molson Coors Brewing Co.''s profit down 56 percent in the
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Drug industry trade group spent $5 million lobbying in second quarter

August 6, 2008
The Associated Press reports that Pharmaceutical Research and Manufacturers of America spent more than $5 million lobbying the federal government in the second quarter, according to a recent disclosure form.
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NutraCea signs agreement with Bright Food Investment to build world''s largest rice bran oil refinery

August 4, 2008
PRNewswire reports that NutraCea has signed a definitive agreement with the Bright Food Investment Group, China''s largest food conglomerate, to build the world''s largest rice bran oil refinery. The new
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EPA dumps rules allowing potato pesticide in food

July 28, 2008
Federal regulators said they''re revoking regulations that allow food to contain a pesticide used on edible crops including potatoes and sugar beets, citing danger to human health, the Associated Press
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Tyson, Syntroleum to build synthetic fuel plant in Louisiana

July 21, 2008
Chicken producer Tyson Foods Inc. and Syntroleum Corp. have given final approval to build a renewable synthetic fuel facility where low-grade inedible fats and greases will be turned into renewable
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