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Food & Beverage

Coca-Cola Finalizes Joint Venture Deal

April 16, 2008
The Associated Press is reporting that beverage company Coca-Cola Co. said recently it finalized a joint venture with Italy-based illycaffe SpA that will debut three coffee drinks in Europe next
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Wyo. Ranchers Wary of Brazilian Consolidation

March 31, 2008
The Associated Press is reporting that Wyoming cattlemen concerned about consolidation in the meatpacking industry said they''re worried by a Brazilian company''s bid to buy out two rivals and
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Heineken Finalizes Site of New S.African Brewery

March 26, 2008
Reuters is reporting that Heineken, the world''s fourth-largest brewer, has finalized the siting of its new South African brewery south of Johannesburg, which will create 225 jobs and take on
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Pepsi Buying Russian Juice Maker

March 24, 2008
According to CNN, PepsiCo and its biggest bottler said recently that they are paying $1.4 billion to buy a majority stake in Russia''s biggest juice company, a deal that expands
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Pilgrim''s Pride closing chicken facilities

March 12, 2008
According to Reuters, Pilgrim''s Pride Corp said recently it will close a chicken processing complex and almost half of its U.S. chicken distribution centers as it tries to cope with
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Heinz recalls Boston Market lasagna with recalled beef

March 10, 2008
Heinz, the Pittsburgh foods giant, recalled 40,000 cases of Boston Market lasagna with meat sauce because the product contained meat that was recalled by Hallmark/Westland Meat Packing Co., The Wall
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Diageo, Heineken to Build Brewery and Bottling Plant in South Africa

March 7, 2008
According to the Associated Press, British drinks producer Diageo PLC and Dutch brewer Heineken SA said recently they had agreed to form a joint venture to build a brewery and
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Japan Halts Beef From US Plant

March 7, 2008
According to the Associated Press, Japan''s farm ministry said recently it has halted imports of beef from U.S. meatpacker Smithfield after finding a shipment that may have failed to meet
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Chavez: No Plans to Cut US Oil Exports

February 18, 2008
According to the Associated Press, President Hugo Chavez sent a soothing message to American motorists on Sunday, saying that Venezuela is not preparing to cut off oil shipments to the
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Huge beef recall stems from Calif. Plant

February 18, 2008
According to the Associated Press, the U.S. Department of Agriculture recently ordered the recall of 143 million pounds of frozen beef from a California slaughterhouse, the subject of an animal-abuse
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