CTI Foods Holding Co. LLC announced that it was the successful bidder for the former AFA Foods Inc. King of Prussia, Pa., ground beef processing facility.
Cargill plans to keep the approximately 250 full-time ground beef production jobs at the facility and make further investments to boost the plant's competitiveness.
US Foods announced the purchase of New City Packing Company, a supplier of high-quality steaks and fresh-cut portion meats to restaurants and customers across the country.
There are many reasons why middle market owners wanting to sell their companies during the next ten years should consummate a sale no later than 2014, preferably sooner.
ConAgra Foods Inc. announced that it has agreed to acquire Odom's Tennessee Pride, a leading producer of frozen and refrigerated breakfast sandwiches and sausage.