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Food & Beverage

Del Monte halting Hawaii operations, laying off 551 workers

December 15, 2006
According to the Associated Press, Fresh Del Monte Produce Inc. said that it will halt its Hawaii operations immediately—well ahead of a 2008 closing announced this year. Del Monte said
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Worker suit versus Tyson now class action

October 16, 2006
The Associated Press reports that a federal judge granted class action status to a lawsuit that contends Tyson Foods Inc., depressed wages by hiring illegal immigrants at eight plants in
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Smithfield completes ConAgra meats buy

October 9, 2006
According to the Associated Press, pork producer Smithfield Foods Inc. has completed its $571 million acquisition of packaged-foods company ConAgra Foods Inc.''s refrigerated meats business. The purchase price announced at
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Tyson hopes to resume beef exports with lifting of South Korea ban

October 9, 2006
ASIA: Tyson Foods Inc., the world''s largest meat processor, hopes to resume beef sales to South Korea now that the Asian nation has finalized plans to lift a 2003 ban
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Heinz certifies vote giving two dissidents board seats

September 19, 2006
Billionaire Nelson Peltz and another dissident investor who sought changes at H.J. Heinz Co. were elected to the ketchup maker''s board, according to officially certified results released last Friday. According
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Tyson hopes to resume beef exports with lifting of South Korea ban

September 19, 2006
Tyson Foods Inc., the world''s largest meat processor, hopes to resume beef sales to South Korea now that the Asian nation has finalized plans to lift a 2003 ban imposed
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Coors beer executive pleads guilty to DWI

August 29, 2006
Beer executive Pete Coors pleaded guilty last Friday to driving while impaired, a lesser charge than the DUI count filed against him after his May arrest, and was sentenced to
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Tyson, Smithfield to close plants

August 22, 2006
Tyson Foods, Inc. will permanently close one plant and consolidate another in the northwestern United States as part of a plan to "operate its fresh meats business more efficiently," the
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Tyson cutting 420 jobs, reducing costs by $200 million

July 24, 2006
Tyson Foods Inc. will cut about 420 management and support jobs as part of a plan to reduce costs by $200 million, Reuters reports. The Springdale, Arkansas-based company—which has been
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Coors beer executive pleads guilty to DWI

July 17, 2006
Beer executive Pete Coors pleaded guilty to driving while impaired, a lesser charge than the DUI count filed against him after his May arrest, and was sentenced to 24 hours
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