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Food & Beverage

Coca-Cola plans layoffs this year

October 6, 2008
The Coca-Cola Co. is cutting information technology jobs in a bid to become more efficient, according to the Associated Press. The IT department has 1,100 employees. They will be notified
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Campbell Soup completes sale of French business

September 30, 2008
Campbell Soup Co. completed the sale of its condiments business in France, the Associated Press reported. The company sold its Generale Condimentaire business to Lesieur, which is indirectly held by
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Japan lifts ban on imports from 2 US beef packers

September 19, 2008
Japan has lifted a ban on beef imports from two U.S. meat packers after reviewing the companies'' steps to improve safety measures following unauthorized shipments that contained parts believed to
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Guinness brings brewery back to Ireland

September 15, 2008
Irish beer giant Guinness is going back to its country roots. The Associated Press reports that the company announced it will build its new flagship brewery west of Dublin in
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Kellogg acquires assets of contract snack maker IndyBake

September 11, 2008
According to the Associated Press, food maker Kellogg Company has acquired the assets of IndyBake Products LLC and Brownie Products Company, a contract snack manufacturing business. Financial terms were not
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InBev to sell Korean beer unit

September 4, 2008
Belgian brewer InBev is planning to put its Korean beer business up for sale, in an effort to shed a non-core asset and raise what could be approximately $2 billion
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Nestle''s head of Americas region to become CEO of rival Unilever

September 4, 2008
The Swiss food and drinks giant Nestle SA said Thursday that its Americas chief Paul Polman has resigned, according to the Associated Press. Polman is leaving to become chief executive
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Pilgrim''s Pride to stop production at two plants in North America

August 26, 2008
Chicken producer Pilgrim''s Pride Corp. will stop production at processing plants in Arkansas and Louisiana in a bid to boost profits, the Associated Press reports. The production cutback will also
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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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Anheuser-Busch being sold to InBev for $52B

July 14, 2008
According to the Associated Press, the maker of the King of Beers has agreed to go to work for the Belgian brewer InBev SA.Anheuser Busch Cos. said it had agreed
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