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BAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More. BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportationBAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal ECONOMIC DATA SHOWS BAKING INDUSTRY AT A TIPPING POINT KANSAS CITY, MO. — The baking industry, and the economy, are at a tipping point as rising input costs and sustained consumer demand push and pull on the industry. BEMA Intel data for Q1 of 2021 revealed rising logistics costs putting a pinch on the baking industry but not enough to slow down investment. “The specter of sustained higher costs is not enough currently to take project VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver BAKERS IDENTIFY EVOLVING BUSINESS NEEDS DURING PANDEMIC The coronavirus (COVID-19) pandemic changed everything for every American, which has greatly impacted the commercial baking industry. In March, Baking & Snack partnered with Cypress Research to conduct an initial Industry Pulse Survey to gauge bakery manufacturers’ outlook on production, supply chain and the impact COVID-19 would have on the industry moving forward. KELLOGG TO CUT SALT, SUGAR IN UK CEREALS LONDON — Kellogg Co. has unveiled significant planned changes for its ready-to-eat cereals portfolio in the United Kingdom, including sharp cuts in sugar and salt content and new packaging formats to reduce its carbon footprint. The announcements were made as part of the release of Kellogg’s new Wellbeing Manifesto. As part of its plans, Kellogg said it will reduce sugar content by 10%BAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More. BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportationBAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal ECONOMIC DATA SHOWS BAKING INDUSTRY AT A TIPPING POINT KANSAS CITY, MO. — The baking industry, and the economy, are at a tipping point as rising input costs and sustained consumer demand push and pull on the industry. BEMA Intel data for Q1 of 2021 revealed rising logistics costs putting a pinch on the baking industry but not enough to slow down investment. “The specter of sustained higher costs is not enough currently to take project VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver BAKERS IDENTIFY EVOLVING BUSINESS NEEDS DURING PANDEMIC The coronavirus (COVID-19) pandemic changed everything for every American, which has greatly impacted the commercial baking industry. In March, Baking & Snack partnered with Cypress Research to conduct an initial Industry Pulse Survey to gauge bakery manufacturers’ outlook on production, supply chain and the impact COVID-19 would have on the industry moving forward. KELLOGG TO CUT SALT, SUGAR IN UK CEREALS LONDON — Kellogg Co. has unveiled significant planned changes for its ready-to-eat cereals portfolio in the United Kingdom, including sharp cuts in sugar and salt content and new packaging formats to reduce its carbon footprint. The announcements were made as part of the release of Kellogg’s new Wellbeing Manifesto. As part of its plans, Kellogg said it will reduce sugar content by 10% SPECIALTY FOOD SALES TOP $170 BILLION 9 hours ago · NEW YORK — The specialty food market reached $170.4 billion in sales last year, up 13% from 2018, according to new research from the Specialty Food Association. As the pandemic propelled a consumer shift to cooking and eating at home, specialty food sales at retail surged more than 19% in 2020 alone. Meanwhile, specialty sales to foodservice plunged by 30%, and industry estimatespredict
DOMINO’S UPDATES IMPACT OF COVID-19 ON BUSINESS ANN ARBOR, MICH. — Domino’s Pizza, Inc. is estimating US same store sales growth for the first quarter ended March 22 will be 1.6%. Data released by the company March 30 showed the impact of the coronavirus (COVID-19) on the company’s performance. For the period between Dec. 30 and Jan. 26, Domino’s US same store sales growth was3.6%.
USDA LOWERS WHEAT CARRYOVER ON HIGHER EXPORTS 10 hours ago · WASHINGTON — The US Department of Agriculture in its June World Agricultural Supply and Demand Estimates report issued June 10 forecast the carryover of wheat on June 1, 2022, at 770 million bus, down 4 million bus from the May outlook and down 82 million bus, or 10%, from a downwardly revised 852 million bus in 2020-21. The 2021 carryover was lowered 20 million bus as WEATHER SEEN AS KEY FACTOR IN PRODUCTION FORECASTS FOR 10 hours ago · KANSAS CITY — Several speakers referenced weather as the key factor in their grain and oilseed price and production forecasts for 2021, with details delivered by meteorologist Drew Lerner in the June 8 opening session of the Sosland Publishing Co. virtual Purchasing Seminar. While there are some areas of concern, Mr. Lerner, founder and president of World Weather, Inc., Overland Park,Kan
ETERA FOODS LAUNCHES NEW MUSCLE RECOVERY BAR 1 day ago · BEVERLY HILLS, CALIF. — Etera Foods is launching its flagship product and what it calls a new category of post-workout muscle recovery bars with the debut of The After Bar. The bar is made with non-hemp-derived CBD, which means it can never contain THC. Etera Foods partnered with PureForm Global to use its CBD derived from citrus. The technology used to extract CBD from citrus terpenes KOFFEE KUP OWNERSHIP SAGA TAKES ANOTHER TURN THOMASVILLE, GA. — The future of Koffee Kup Bakery took another turn on June 7 with the announcement that Flowers Foods, Inc. has acquired the company’s assets from the court-appointed receiver of the assets. Financial terms of the transaction were not disclosed. Based in Burlington, Vt., Koffee Kup Bakery is a manufacturer of baked foods, including bread, donuts and English muffins WESTON RECOGNIZES SUPPLIERS OF THE YEAR 1 day ago · TORONTO — P&H Milling Group, Port Royal Mills, Gforce Custom Fabrications & Installation Inc. and E.B. Box Co. have been recognized by Weston Foods as the company’s Suppliers of the Year. The award recognizes suppliers who exceeded expectations to help it deliver for its customers in the areas of quality, service, competitiveness and sustainability. US SUGAR SUPPLY LOWERED SLIGHTLY 9 hours ago · WASHINGTON — The US Department of Agriculture made only minor changes from May in its June 10 World Agricultural Supply and Demand Estimates report, lowering total supply for both this year and next year by 50,000 short tons, raw value. For the current 2020-21 marketing year, the USDA forecast “other program” sugar imports at 250,000 tons, down 50,000 tons from May, a move expected NESTLE JOINS FIGHT OVER FUEL SURCHARGES KANSAS CITY — Nestle SA has joined a bevy of food manufacturers such as Campbell Soup Co. and Conagra Brands Inc. and numerous other companies claiming four Class 1 railroads conspired to set fuel surcharges to the detriment of shippers, according to a recent court filing. Nestle Purina Petcare Co. filed the complaint June 2 in the US District Court for the District of Columbia, alleging theCOMPANIES
Baking Business Content on Companies. We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.BAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
KOFFEE KUP OWNERSHIP SAGA TAKES ANOTHER TURN THOMASVILLE, GA. — The future of Koffee Kup Bakery took another turn on June 7 with the announcement that Flowers Foods, Inc. has acquired the company’s assets from the court-appointed receiver of the assets. Financial terms of the transaction were not disclosed. Based in Burlington, Vt., Koffee Kup Bakery is a manufacturer of baked foods, including bread, donuts and English muffins VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued NEW OWNER FOR KOFFEE KUP BAKERY? BURLINGTON, VA. — Blair and Rosalyn Hyslop, a husband-and-wife team that own New Brunswick-based Mrs. Dunster’s Bakery, announced May 28 that they intend to buy Koffee Kup Bakery. Based in Burlington, Koffee Kup Bakery is a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions. MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmealBAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
KOFFEE KUP OWNERSHIP SAGA TAKES ANOTHER TURN THOMASVILLE, GA. — The future of Koffee Kup Bakery took another turn on June 7 with the announcement that Flowers Foods, Inc. has acquired the company’s assets from the court-appointed receiver of the assets. Financial terms of the transaction were not disclosed. Based in Burlington, Vt., Koffee Kup Bakery is a manufacturer of baked foods, including bread, donuts and English muffins VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued NEW OWNER FOR KOFFEE KUP BAKERY? BURLINGTON, VA. — Blair and Rosalyn Hyslop, a husband-and-wife team that own New Brunswick-based Mrs. Dunster’s Bakery, announced May 28 that they intend to buy Koffee Kup Bakery. Based in Burlington, Koffee Kup Bakery is a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions. MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal SALES JUMP 24% FOR BAKING-RELATED PRODUCTS ROCKVILLE, MD — Sales of baking-related products increased 24% in the United States last year, reaching $26.5 billion, as many consumers looked for home-based activities during the COVID-19 pandemic, according to the “Home Baking: U.S. Market Trends & Opportunities” report released by Packaged Facts in March. The performance in 2020 marked an upturn from 2016-19 when growth in HEADWINDS HINDER CAMPBELL SOUP IN THIRD QUARTER 1 day ago · CAMDEN, NJ. – The Campbell Soup Co. faced a variety of challenges during the third quarter of fiscal 2021 that impacted results. The issues ranged from weather disruptions, commodity inflation, changes to its Snacks business and the general uncertainty of business conditions as the United States and the world move beyond the worst of COVID-19. ETERA FOODS LAUNCHES NEW MUSCLE RECOVERY BAR 1 day ago · BEVERLY HILLS, CALIF. — Etera Foods is launching its flagship product and what it calls a new category of post-workout muscle recovery bars with the debut of The After Bar. The bar is made with non-hemp-derived CBD, which means it can never contain THC. Etera Foods partnered with PureForm Global to use its CBD derived from citrus. The technology used to extract CBD from citrus terpenes WESTON RECOGNIZES SUPPLIERS OF THE YEAR 1 day ago · TORONTO — P&H Milling Group, Port Royal Mills, Gforce Custom Fabrications & Installation Inc. and E.B. Box Co. have been recognized by Weston Foods as the company’s Suppliers of the Year. The award recognizes suppliers who exceeded expectations to help it deliver for its customers in the areas of quality, service, competitiveness and sustainability. BOOSTING FOOD WITH FORTIFICATION Giving foods a boost of extra nutrition is known as fortification. This is not to be confused with enrichment, which refers to the addition of micronutrients depleted during processing. With both practices, bakers may encounter taste and stability challenges that need to be addressed early in the development process. Fortification is increasingly fueled by efforts to improve the nutrition BEING NIMBLE MAY BE KEY TO GROWTH With society opening up as vaccinations increase, mobility has reemerged. Many Americans say they want to get out and have fun, but surveys show that’s not the case for going back to the office. Many of those who work at home some or all days of the week believe they will continue to do so as they have been, noted a recent COVID-19 Impact report by the International Dairy Deli Bakery CROWN BAKERIES ACQUIRES MICHEL’S BAKERIES 1 day ago · NASHVILLE, TENN. — Crown Bakeries, a baker of fresh and frozen bread, baked foods, and dough products, has acquired Michel’s Bakery, a Philadelphia-based baker specializing in large-scale, private label baking for distributors and quick-service customers nationwide and throughout the world. Financial terms of the transaction were not disclosed. NESTLE JOINS FIGHT OVER FUEL SURCHARGES KANSAS CITY — Nestle SA has joined a bevy of food manufacturers such as Campbell Soup Co. and Conagra Brands Inc. and numerous other companies claiming four Class 1 railroads conspired to set fuel surcharges to the detriment of shippers, according to a recent court filing. Nestle Purina Petcare Co. filed the complaint June 2 in the US District Court for the District of Columbia, alleging the OSHA CITES DIDION MILLING FOR SAFETY VIOLATION 1 day ago · CAMBRIA, WIS. — Didion Milling Inc. was cited by the US Department of Labor Occupational Safety and Health Administration (OSHA) following an investigation about an engulfment death at the company’s Cambria grain facility. On Dec. 8, 2020, a worker who was clearing corn debris from an unsafe silo failed to arrive for a regularly scheduled meeting, employees called 911 when they could not HUGHES TO NEW LEADERSHIP ROLE AT BALDWIN RICHARDSON 1 day ago · RICHARDSON, NY. — Baldwin Richardson Foods, a custom ingredients manufacturer for the food and beverage industry and one of the largest African American family-owned and -operated businesses in the food industry, has promoted Cara J. Hughes to vice president of customer and community. In her new role, Ms. Hughes will build and maintain relationships with communityBAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal EIGHT WAYS TO IMPROVE WAL-MART The president and chief executive officer of Wal-Mart U.S. shared his assessment of the business and outlined eight ways to improve it during an April 1 conference call with investors and analysts. “We want this year to be the year of improving our stores, Mr. Foran said. First, the company has identified opportunities to strengthen its shopBAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal EIGHT WAYS TO IMPROVE WAL-MART The president and chief executive officer of Wal-Mart U.S. shared his assessment of the business and outlined eight ways to improve it during an April 1 conference call with investors and analysts. “We want this year to be the year of improving our stores, Mr. Foran said. First, the company has identified opportunities to strengthen its shop SALES JUMP 24% FOR BAKING-RELATED PRODUCTS ROCKVILLE, MD — Sales of baking-related products increased 24% in the United States last year, reaching $26.5 billion, as many consumers looked for home-based activities during the COVID-19 pandemic, according to the “Home Baking: U.S. Market Trends & Opportunities” report released by Packaged Facts in March. The performance in 2020 marked an upturn from 2016-19 when growth inBAKING & SNACK
Explore the 2021 Editorial Calendar Today! With a focus on processing and in-plant operations, Baking & Snack covers the development, production, packaging and distribution of grain-based foods.Editorial topics include ingredient technologies, production technologies, company/plant features, industry news and marketing trends. TRIBE 9 FOODS TO ACQUIRE CARLA’S PASTA MADISON, WIS. — Specialty food manufacturer Tribe 9 Foods has reached an agreement to acquire Carla’s Pasta for $26.3 million. Headquartered in South Windsor, Conn., Carla’s Pasta makes filled pastas at a 100,000-square-foot plant. The transaction was made as part of a bankruptcy auction in Hartford County Conn. “Carla’s has such a storied history, providing the most delicious ADM USING ADVANTAGES TO GROW IN NUTRITION 21 hours ago · CHICAGO — As a company currently in year seven of its journey in nutrition, ADM is well positioned from an advantage perspective, said Vincent F. Macciocchi, chief sales and marketing officer and president of nutrition at ADM. “We’ve experienced a lot of things already in terms of putting pieces together, doing M&A, investing and building facilities,” Mr. Macciocchi said during aJune
CONSUMERS EMBRACE MORE HOLISTIC DEFINITION TOWARD HEALTH 1 day ago · “Innovation was still alive and well,” said Sally Lyons-Wyatt, executive vice president and practice leader at IRI. “Yes, there was a reduction, but what innovation does every year is provide excitement to the snacking universe, and that was something consumers said in our survey: They are looking for excitement, variety and unique experiences.” WEEKLY US GRAIN CARLOADS UP 20% OVER 2020 22 hours ago · KANSAS CITY — Grain transportation markets were mostly quiet last week. Offerings at the Kansas City and Minneapolis gateways were limited. In light of a large Kansas harvest projected by the Wheat Quality Council’s hard winter wheat tour following significant moisture events, shippers were heartened to hear Union Pacific Railroad at auction on June 1 sold cars at tariff forlast-half July
USDA TO INVEST $4 BILLION TO STRENGTHEN FOOD SUPPLY CHAIN 21 hours ago · WASHINGTON — Pointing to lessons learned during the COVID-19 pandemic and recent supply chain disruptions, the US Department of Agriculture on June 8 announced plans to invest more than $4 billion to strengthen critical supply chains through the Biden administration’s Build Back Better initiative. The new effort aimed to strengthen the food system, create new market opportunities, tackle T. HASEGAWA CREATES NEW R&D UNIT 22 hours ago · CERRITOS, Calif. — T. Hasegawa USA is integrating its food and beverage flavors divisions into a single research and development unit following its acquisition of Mission Flavors & Fragrances late last year. The new business division combines food and beverage flavor development with applications expertise and will be led by an updated management team with several new director and senior PEPSICO EXPANDING FRITO-LAY PLANT IN TEXAS 22 hours ago · PLANO, TEXAS — PepsiCo, Inc. has announced plans to invest $200 million in its Frito-Lay plant located in Rosenberg, Texas. As part of the expansion, PepsiCo said it will add two manufacturing lines for Funyuns and tortilla chips, as well as increase capacity in its warehouse to enhance capabilities and enable future growth. PepsiCo currently employs more than 750 full-time plantand fleet
NESTLE JOINS FIGHT OVER FUEL SURCHARGES 22 hours ago · KANSAS CITY — Nestle SA has joined a bevy of food manufacturers such as Campbell Soup Co. and Conagra Brands Inc. and numerous other companies claiming four Class 1 railroads conspired to set fuel surcharges to the detriment of shippers, according to a recent court filing. Nestle Purina Petcare Co. filed the complaint June 2 in the US District Court for the District of Columbia,BAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal EIGHT WAYS TO IMPROVE WAL-MART The president and chief executive officer of Wal-Mart U.S. shared his assessment of the business and outlined eight ways to improve it during an April 1 conference call with investors and analysts. “We want this year to be the year of improving our stores, Mr. Foran said. First, the company has identified opportunities to strengthen its shopBAKINGBUSINESS.COM
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
JUNE 1, 2021
Flowers raises quarterly dividend 5%. 05.31.2021. By Eric Schroeder. Annualized dividend rate moves to 84¢ per share from 80¢. Read More.BAKING & SNACK
Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publicationsand more.
BAKERY EQUIPMENT MANUFACTURERS MORE OPTIMISTIC ON OUTLOOK KANSAS CITY — Bakery equipment manufacturers’ assessment of domestic and global business outlooks improved in the first quarter 2021 BEMA Intel member pulse survey even as the companies eased back appraisals of their own prospects for the next six months. That dynamic comported with members’ growing concern about the rising cost of raw materials and transportation VERMONT BAKING COMPANY CEASES OPERATIONS BURLINGTON, VT. — Koffee Kup Bakery, a manufacturer of baked foods, including bread, donuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, ceased operations on April 26. The company had 500 employees across its three baking facilities located in Brattleboro, Vt.; Burlington, Vt.; and North Grosvenor Dale, Conn. Founded in 1940 to make and deliver POST ACQUIRES TREEHOUSE RTE CEREAL BUSINESS ST. LOUIS — Post Holdings, Inc. has acquired the ready-to-eat cereal business of Oak Brook, Ill.-based TreeHouse Foods, Inc. for $85 million. The acquisition includes two facilities located in Lancaster, Ohio, and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., as well as ARYZTA NORTH AMERICA REBRANDS AS ASPIRE BAKERIES LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.” Following the completion of the transaction earlier this month, Aspire Bakeries said its strategies will remain the same, with a continued MERGERS AND ACQUISITIONS Mergers and Acquisitions. Breaking news about mergers and acquisitions, buyouts and takeovers within the baking industry. GENERAL MILLS TO LAUNCH BIG G INSTANT OATMEALS MINNEAPOLIS — General Mills, Inc. is taking several of its popular Big G ready-to-eat cereals to the oatmeal category with the launch of Big G Instant Oatmeals. The Big G Instant Oatmeals will be available beginning in June in the following flavors: Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a special topping: The Lucky Charms vanilla-flavored oatmeal EIGHT WAYS TO IMPROVE WAL-MART The president and chief executive officer of Wal-Mart U.S. shared his assessment of the business and outlined eight ways to improve it during an April 1 conference call with investors and analysts. “We want this year to be the year of improving our stores, Mr. Foran said. First, the company has identified opportunities to strengthen its shop SALES JUMP 24% FOR BAKING-RELATED PRODUCTS ROCKVILLE, MD — Sales of baking-related products increased 24% in the United States last year, reaching $26.5 billion, as many consumers looked for home-based activities during the COVID-19 pandemic, according to the “Home Baking: U.S. Market Trends & Opportunities” report released by Packaged Facts in March. The performance in 2020 marked an upturn from 2016-19 when growth inBAKING & SNACK
Explore the 2021 Editorial Calendar Today! With a focus on processing and in-plant operations, Baking & Snack covers the development, production, packaging and distribution of grain-based foods.Editorial topics include ingredient technologies, production technologies, company/plant features, industry news and marketing trends. TRIBE 9 FOODS TO ACQUIRE CARLA’S PASTA MADISON, WIS. — Specialty food manufacturer Tribe 9 Foods has reached an agreement to acquire Carla’s Pasta for $26.3 million. Headquartered in South Windsor, Conn., Carla’s Pasta makes filled pastas at a 100,000-square-foot plant. The transaction was made as part of a bankruptcy auction in Hartford County Conn. “Carla’s has such a storied history, providing the most delicious ADM USING ADVANTAGES TO GROW IN NUTRITION 17 hours ago · CHICAGO — As a company currently in year seven of its journey in nutrition, ADM is well positioned from an advantage perspective, said Vincent F. Macciocchi, chief sales and marketing officer and president of nutrition at ADM. “We’ve experienced a lot of things already in terms of putting pieces together, doing M&A, investing and building facilities,” Mr. Macciocchi said during aJune
CONSUMERS EMBRACE MORE HOLISTIC DEFINITION TOWARD HEALTH 20 hours ago · “Innovation was still alive and well,” said Sally Lyons-Wyatt, executive vice president and practice leader at IRI. “Yes, there was a reduction, but what innovation does every year is provide excitement to the snacking universe, and that was something consumers said in our survey: They are looking for excitement, variety and unique experiences.” WEEKLY US GRAIN CARLOADS UP 20% OVER 2020 18 hours ago · KANSAS CITY — Grain transportation markets were mostly quiet last week. Offerings at the Kansas City and Minneapolis gateways were limited. In light of a large Kansas harvest projected by the Wheat Quality Council’s hard winter wheat tour following significant moisture events, shippers were heartened to hear Union Pacific Railroad at auction on June 1 sold cars at tariff forlast-half July
USDA TO INVEST $4 BILLION TO STRENGTHEN FOOD SUPPLY CHAIN 17 hours ago · WASHINGTON — Pointing to lessons learned during the COVID-19 pandemic and recent supply chain disruptions, the US Department of Agriculture on June 8 announced plans to invest more than $4 billion to strengthen critical supply chains through the Biden administration’s Build Back Better initiative. The new effort aimed to strengthen the food system, create new market opportunities, tackle T. HASEGAWA CREATES NEW R&D UNIT 18 hours ago · CERRITOS, Calif. — T. Hasegawa USA is integrating its food and beverage flavors divisions into a single research and development unit following its acquisition of Mission Flavors & Fragrances late last year. The new business division combines food and beverage flavor development with applications expertise and will be led by an updated management team with several new director and senior PEPSICO EXPANDING FRITO-LAY PLANT IN TEXAS 18 hours ago · PLANO, TEXAS — PepsiCo, Inc. has announced plans to invest $200 million in its Frito-Lay plant located in Rosenberg, Texas. As part of the expansion, PepsiCo said it will add two manufacturing lines for Funyuns and tortilla chips, as well as increase capacity in its warehouse to enhance capabilities and enable future growth. PepsiCo currently employs more than 750 full-time plantand fleet
NESTLE JOINS FIGHT OVER FUEL SURCHARGES 18 hours ago · KANSAS CITY — Nestle SA has joined a bevy of food manufacturers such as Campbell Soup Co. and Conagra Brands Inc. and numerous other companies claiming four Class 1 railroads conspired to set fuel surcharges to the detriment of shippers, according to a recent court filing. Nestle Purina Petcare Co. filed the complaint June 2 in the US District Court for the District of Columbia,* Sign In
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Earnings, sales climb on execution against key priorities.*
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Prepare your business for the DIGITAL ERA As a baker, achieving operational efficiency and improving ways to engage with consumers is critical in today’s market. Puratos Digital offers a suite of digital tools and services designed to support bakers. From e-commerce solutions to virtual ideation and technical support, Puratos Digital is there for bakers every step of the way.*
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