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Food & Beverage

Tyson selling two Alabama plants

March 27, 2007
Tyson Foods Inc., plans to sell two Alabama plants to Koch Foods Inc. as part of an effort to reduce its production of fresh poultry, according to the Associated Press.
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Hercules CEO receives nearly $4.6 million in 2006

March 7, 2007
According to the Associated Press, Hercules Inc., which supplies water-treatment chemicals to the paper industry, recently disclosed that it paid President and Chief Executive Craig A. Rogerson approximately $4.6 million
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AFC Enterprises CEO Keymer resigns

March 7, 2007
The Associated Press reports that AFC Enterprises Inc., operator of fast-food chain Popeyes Chicken & Biscuits, said Friday President and Chief Executive Kenneth L. Keymer is resigning, effective March 30.
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Tyson opens $45 million center in Arkansas

March 7, 2007
Tyson Foods Inc. unveiled a $45 million research and development center complete with test kitchens and tasting booths that will help the world''s largest meat producer develop new prepared foods,
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Japan checking all U.S. meat imports

March 7, 2007
The Associated Press reports that Japan will check all processed meats imported from the United States after a shipment was found last week with sausages containing beef in violation of
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Dow Chemical surges on buyout rumor

February 28, 2007
Shares of Dow Chemical Co. rose to a new 52-week high last Monday after a British tabloid reported the chemicals maker may be on the verge of selling itself to
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Kraft recalls chicken breast strips

February 28, 2007
Kraft Foods Inc. recalled all packages of Oscar Mayer/Louis Rich chicken breast strips and cuts, expanding the scope of a Feb. 18 recall that resulted when tests found signs of
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Ex-Sadia CFO to pay $364,000 in insider-trading case

February 28, 2007
The Associated Press reports that former chief financial officer of Sadia SA, a Brazilian chicken and pork producer, and a former employee of Brazil''s Banco ABN AMRO Real SA have
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Japan suspends beef imports from Nebraska plant

February 19, 2007
Japan suspended beef imports from a Nebraska processing plant after finding meat in a shipment that may violate a regulation imposed over mad cow concerns, the Associated Press reports. Plant
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FDA cites Abraxis for plant problems

February 19, 2007
Federal regulators warned drug maker Abraxis Bioscience Inc. that its manufacturing procedures do not safeguard its products from possible contamination, the Associated Press reports. The Food and Drug Administration told
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