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Food & Beverage

Heinz shareholders urged to reject billionaire investor’s board nominees

June 19, 2006
The Associated Press reports that H.J. Heinz Co. is urging shareholders to reject board nominees put forth by billionaire investor Nelson Peltz, who has tried to force the company to
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Smithfield Foods CEO Luter stepping down

June 19, 2006
Joseph W. Luter, III has announced he plans to relinquish the title of chief executive officer of Smithfield Foods, Inc. after serving for 31 years as chairman and chief executive
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Smithfield to close, consolidate plants

June 14, 2006
Smithfield Packing Co., a unit of the world''s largest pork producer, Smithfield Foods Inc., recently said it was closing a plant in Florida and will consolidate two plants in Smithfield,
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Heinz to cut 2,700 jobs

June 5, 2006
Food producer H.J. Heinz Co., recently said its fiscal fourth-quarter profit dropped 19 percent, and said it plans to cut 2,700 jobs—or 8 percent of its workforce—and exit 15 plants
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Rodent tooth found in Kraft peanuts, according to suit

May 23, 2006
A man is suing Kraft Foods Inc., claiming he found what appeared to be a rodent tooth in a package of Planters peanuts he bought last year, the Associated Press
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Workers sue Tyson for alleged violations

May 18, 2006
According to the Associated Press, workers at a Tyson Foods Inc. meatpacking plant in Kansas have sued the company, alleging it violated federal and state labor laws by not paying
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Sara Lee closing Ohio plant

May 4, 2006
Sara Lee Corp. will close a luncheon meat plant in Ohio this fall, eliminating 350 jobs, the Associated Press reports. Production will move to other food and drink plants, the
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Tyson closes nine plants during May 1 rallies

May 4, 2006
Tyson Foods Inc., the world''s largest meat producer, temporarily shut down nine of its beef and pork plants May 1 because many of its workers planned to attend immigration rallies,
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Heinz completes sale of New Zealand poultry processor

April 10, 2006
H.J. Heinz Company has completed the sale of its Auckland, New Zealand-based poultry business, Tegel Foods, to Pacific Equity Partners. According to Business Wire, the transaction is valued at NZ$250
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Supply, immigration rally force Tyson to cut meat output

April 10, 2006
Reuters reports that Tyson Foods Inc., the largest U.S. meat producer, reduced production for one day on April 10 in response to poor market conditions and to concerns a nationwide
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