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Tyson Foods raises pay in its chicken plants to compete for labor
2015-10-24 11:49:21| Food - Topix.net
In an increasingly competitive poultry processing landscape Tyson Foods announced a minimum hourly pay raise to $10 at 51 of its chicken processing plants across the country, effective Nov. 1. The pay increase range from 11% to 25% based on the $8 and $9 starting pay the company has in place. The Springdale-based meat giant said the rate in beginning pay will raise its hourly average to more than $12.
James Snee Elected President, COO, at Hormel Foods
2015-10-24 11:49:20| Food - Topix.net
Schwan Food Co. on Oct. 21 announced a commitment to eliminating four ingredient groups from its broad food portfolio with the goal of making foods with more familiar ingredients.
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ConAgra Foods in 'advanced talks' to sell Ralcorp to TreeHouse Foods...
2015-10-24 09:47:25| Food - Topix.net
With rumors swirling that Kellogg is eyeing up Diamond Foods, news of another potential megadeal also hit the wires this week, with ConAgra Foods reportedly in advanced talks to sell its private label business Ralcorp to Treehouse Foods in a deal that could be valued between $2.5bn and $2.7 bn. Citing " people familiar with the matter ", Reuters reported that after considering alternatives, such as selling Ralcorp to a private equity firm or breaking it up, ConAgra is now engaged in negotiations with TreeHouse in an effort to finalize a deal.
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Flowers Foods Sets New 52-Week High at $26.69
2015-10-24 06:49:32| Agriculture - Topix.net
Flowers Foods reached a new 52-week high during mid-day trading on Thursday , AnalystRatingsNetwork.com reports. The stock traded as high as $26.69 and last traded at $26.58, with a volume of 319,113 shares changing hands.
Providore Fine Foods announces tenants
2015-10-24 06:34:34| Grocery - Topix.net
Yet another food hub will soon open in Portland, offering some of the city's tastiest products under one roof. Providore Fine Foods is set to open in January in the newly remodeled 1920's-era De Soto Building at 2340 N.E. Sandy Blvd. The venture will house a handful of local, independent food purveyors, including Pastaworks, Arrosto, Little T American Baker, Flying Fish, The Meat Monger and eco-florist Emerald Petals.
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