[ad_1] PENNSAUKEN, NJ. — J&J Snack Foods Corp. leveraged its brands and incremental customer opportunities to “maximize every sales opportunity” during the first quarter of fiscal 2024, moves that helped the Pennsauken-based company limit its sales decline while turning in a year-over-year earnings gain, said Daniel J. Fachner, chief executive officer. Net income at J&J […]

[ad_1] CHICAGO — Consumers want healthy, indulgent, convenient and less expensive. Advocates for the dairy industry see dairy ingredients fulfilling those desires and much more. “Dairy consumption is hot,” said Michael Dykes, president and chief executive officer, International Dairy Foods Association (IDFA), Washington, at Dairy Forum 2024 held Jan. 22 in Phoenix. “We’ve had a […]

[ad_1] WASHINGTON — The foodservice industry is expected to see a record $1.1 trillion in sales in 2024, according to the National Restaurant Association (NRA). The optimistic prediction comes from the group’s annual “State of the Restaurant Industry” report, which uses survey responses from restaurant operators and consumers and analyses from NRA economists to identify […]

[ad_1] ST. LOUIS — “Vastly improved” manufacturing performance and discipline in pricing and cost management helped Post Holdings, Inc. build off momentum from the back half of fiscal 2023 and kick fiscal 2024 off with a strong start, said Robert V. Vitale, president and chief executive officer. “Our business continues to benefit from diversification in […]

[ad_1] WESTERVILLE, OHIO — A successful licensing program with Chick-fil-A and Buffalo Wild Wings has paid huge dividends for Lancaster Colony Corp. over the past few years. Now, the manufacturer and marketer of specialty food products for the retail and foodservice industry has its sights set on another giant in the quick-service restaurant industry: Subway. […]

[ad_1] BIGFORK, MONT. — The Food and Drug Administration (FDA) is likely to pay more attention to chemical risks, allergen thresholds and enforcement of the Food Safety Modernization Act (FSMA) in 2024. The forecast for this year’s major regulatory trends comes from David Acheson, MD, founder of The Acheson Group and former associate commissioner for […]

[ad_1] NEW YORK — Bansk Group, a consumer-focused private investment firm dedicated to building distinctive consumer brands, has acquired premium meat snacks company No Man’s Land Foods LLC. The terms of the transaction were not disclosed. Based in Enid, Okla., No Man’s Land makes beef jerky and meat sticks for the convenience channel. Founded in […]

[ad_1] FRANKFORT, KY. — Commercial baking manufacturer Bakery Express Midwest on Jan. 26 broke ground on its new 50,000-square-foot facility in Boone County, Ky. In August 2023, Bakery Express said it would be investing $10 million to build a 35,000-square-foot facility in Boone County. Now, the company said it expects to spend nearly $20 million […]

[ad_1] MERIDA, MEXICO — Mission Foods Mexico, a subsidiary of Gruma SAB de CV, said it plans to invest 1.5 billion pesos ($87.5 million) over the next six to eight years to build a production plant in Hunucma, Yucatan, in Mexico. Mission Foods said it will make tortillas, toast and packaged snacks at the facility. […]

[ad_1] SOLON, OHIO — Nestle USA said it plans to lay off 216 employees from its facility in Solon. The company cited the need to optimize its business as the reason for the layoffs. The affected employees will be leaving the company in May. This is not the first time that Nestle has laid off […]