PHOENIX โ Cafรฉ Valley has invested more than $5 million in its Marion, Ind., baking plant, adding high-speed production equipment to accommodate its new 12-count and 24-count mini cupcake product…
Category: Food News
Record fine in bread price-fixing scandal
GATINEAU, QUE. โ Canada Bread Co., Ltd. has been fined C$50 million ($38 million) after pleading guilty for its role in an industry-wide price-fixing arrangement involving certain packaged bread products.…
Capitalizing on the health halo over whole grains
CHICAGO โ Nearly one out of five respondents to the 2023 Food and Health Survey from the International Food Information Council (IFIC), Washington, agreed that foods labeled as a source…
Private equity firm buys waffle mix makers
CHICAGO โ Private equity firm Arbor Investments has acquired Golden Malted and Heartland Waffles companies from Roch Capital. Financial terms of the transaction were not disclosed. Headquartered in Glen Mills,…