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Food & Beverage

Tomato Defendant in Price-Fixing Scheme Seeks $1.3 Million From Overseas Account

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A former California food company owner indicted in a tomato price-fixing plot is seeking to tap a million-dollar overseas bank account to help pay for his defense, according to the
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Dairy Farmers of America Protests $30 Million Class-Action Settlement

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Dairy Farmers of America Inc. is joining what appears to be a plaintiffs’ revolt against their lawyers in a class-action settlement involving the dairy industry. Bizjournals reports, the Kansas
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Kraft Appoints Rovit VP of Strategy

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Kraft Foods Inc. said Wednesday that it has appointed Sam Rovit as its executive vice president of strategy, according to the Associated Press. Rovit is moving from business consulting firm
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Metal Detectable Aerator Ensures High Purity

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Metal detectable fluidizer disk is ideal for food manufacturers in need of the highest purity for their products. Disks that have been mechanically damaged during bin cleaning, by extreme air
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Campbell Soup in Joint Venture to Expand in China

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According to Reuters, Campbell Soup Co. said it would form a joint venture with Swire Pacific Ltd. to expand the reach of its business in China. Campbell, the world''s largest
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DuPont to Acquire Danisco for $6.3 Billion

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PRNewswire reports that DuPont has entered into a definitive agreement for the acquisition of Danisco, a global enzyme and specialty food ingredients company, for $5.8 billion in cash and assumption
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Don Tyson Passes Away

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The Associated Press reports that former Tyson Foods Inc. chief executive Donald J. Tyson, who led his family''s poultry company from being a regional producer to dominance in the industry,
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USDA to Require Nutrition Labels on Meat Starting in 2012

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According to Bloomberg, nutrition labels that include the number of calories and the grams of fat a product contains will be required on 40 popular cuts of meat and poultry
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Kraft Investigated by India for Possible Tax Evasion

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According to Bloomberg, India is probing whether Kraft Foods Inc. evaded taxes when it acquired Cadbury Plc last year for $19 billion, the New York Times reported. The probe by
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Smithfield Fires Three Workers for Mistreating Pigs

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Smithfield Foods Inc. says it has fired two employees and their supervisor for mistreating pigs at a Virginia farm, according to the Associated Press. The Humane Society of the United
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