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.
Compass DesignThe new Glanbia Foods partnership, Southwest Cheese Co., USA has awarded contracts for $70 million of its new cheese and whey production facility to Carlisle Process Systems (CPS), Winsted,
Dreyer's Grand Ice Cream Holdings is launching its largest marketing campaign ever to introduce to consumers a new technology said to make low fat frozen products taste like superpremium.
The first-time appearance of Bovine Spongiform Encephalopathy, or "mad cow disease," in the United States is likely to renew debate in Washington over food inspection regulations, and many industry representatives see some type of increased regulatory scrutiny in the works.