Parmalat USA Corp., a unit of the troubled Italian dairy company Parmalat Finanziaria SpA, filed for bankruptcy-court protection from creditors late last month, listing assets and debts of at least $100 million U.S. each.
A consumer research group has concluded a survey of 1,800 U.S. adults and determined that as many as 30% of American are either participating in or contemplating a low-carb diet.
The Dairy Distribution and Fleet Management Conference will not take place this year, due primarily to health issues faced by the conference's organizer.
Kraft Foods Inc., plans to axe 6,000 jobs or 6% of its staff, and close up to 20 plants over the next three years in a global turnaround plan expected to cost $1.2 billion.