Cargill hosted an employee forum and a business roundtable discussion on the U.S. – South Korea Free Trade Agreement (KORUS FTA), which is currently pending Presidential notification to and approval from U.S. Congress.
Vienna Beef has filed a trademark infringement lawsuit against Red Hot Chicago, claiming that the company either ripped off Vienna's recipe or is lying by telling its customers that its hot dogs are the real thing, reports the Chicago Tribune.
NAMP has announced the E. coli Conference for Beef Further Processors, Aug. 17 – 18 near O’Hare Airport in Chicago, IL. The conference will include three special summit meetings.
Quiznos announced the launch of three new product innovations, including Quiznos’ Pulled Pork Subs, fresh Farmers’ Market Salads and whole grain Flatbread Wraps.
Buoyed by positive same-store sales and solid optimism among restaurant operators for continued growth, the outlook for the restaurant industry remained positive in April.
Cagle’s Inc. reported a net loss of $600,000, or $(0.12) per share for fiscal year 2011 compared to net income of $2.5 million or $0.55 per share for fiscal year 2010.
Cargill in Central America announced that it has combined its operations with Corporacion Pipasa, which is a leading poultry and meat processor in Costa Rica and Nicaragua and is now a part of Cargill. Terms of the transaction were not disclosed.
Smithfield Foods Inc. announced that it has terminated negotiations with respect to its proposed joint delisting takeover bid, together with Pedro Ballve, to acquire the remaining shares of Campofrio Food Group S.A.
Pilgrim's Pride Corp. announced that it has appointed Fabio Sandri as chief financial officer of the company, effective immediately. Sandri succeeds Gary D. Tucker, 62, who has announced his retirement after eight years with the company, most recently as principal financial officer and chief accounting officer.