All Manufacturing articles – Page 123
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NewsPremier’s power brands boost sales
Premier Foods’ power brands strategy has paid off, with a 3.7% increase in sales for the three months ending 31 March 2012.
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Warburtons’ advertising account up for grabs
Warburtons is on the search for an agency to take charge of its £8m advertising account.
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Product NewsABF sees profit decline for ingredients and grocery
Associated British Foods (ABF) has posted a decline in operating profit for its ingredients and grocery divisions this morning. In its interim results for the 24 weeks ended 3 March 2012, ABF said its ingredients business, which includes yeast and bakery ingredients manufacturer AB Mauri, saw a £13m decline to £18m. Revenue grew by 2% to £538m. ABF’s grocery division, including the Kingsmill bread brand, reported a 4% growth in revenue to £1.8bn, but a £34m decline in operating profits to £75m. The company said this was primarily driven by restructuring costs at Allied Bakeries in the UK, in addition to George West Foods in Australia.
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NewsContract loss burdens Rowe’s employees
W.C.Rowe has announced that it will be making a number of redundancies following a major contract loss.
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Product NewsWarburtons targets £59m naan bread market
Warburtons is launching a range of Indian speciality bread products in April.
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NewsWarburtons makes deal with the French
Warburtons’ bread loaves are set to land on supermarket shelves in France this year.
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NewsPasty tax amendment defeated
A bid to overturn the changes to VAT charged on takeaway food, dubbed ‘the pasty tax’, was narrowly defeated in parliament last night.
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Reids shells out £1m on production
Reids of Caithness has made a £1m investment in a new production site, with plans to more than double staff numbers.
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NewsPasty tax bill amendment backed by BRC
The British Retail Consortium (BRC) has backed an amendment to the Finance Bill that would scrap the government’s planned £50m ‘pasty tax’.
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Greencore swoops for US firm in $36m deal
Greencore, the Irish producer of convenience foods, has acquired US food company rival MarketFare for $36m (£22.6m).
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Reids shells out £1m on production
Reids of Caithness has made a £1m investment in a new production site, with plans to more than double staff numbers.
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NewsHovis’ Farmers Loaf hits shelves
Premier Foods is launching a premium, British-inspired bread product under its Hovis brand this month.
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Invite to BSB golf day
The British Society of Baking (BSB) is hosting a golf day on 28 May at the Marriott Forest of Arden Hotel in Meriden, Birmingham.
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Adelie Foods gains Indian investment
Adelie Foods, parent company of Buckingham Foods and Food Partners Group, looks set to expand after receiving investment from India Hospitality Corporation (IHC) Global Foods.
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NewsIrwin’s bags new sponsorship deal
Co Armagh-based Irwin’s Bakery has secured a television sponsorship deal in its 100th year of business.
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Warning for Premier Foods’ financial health
Premier Foods is one of the lowest-rated financially healthy retail companies in the UK, according to newly compiled research from Company Watch.
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NewsLees Foods in £5.6m acquisition deal
Scottish confectionery group Lees Foods is the subject of a takeover bid by new plc Randotte, in a management buy-out.
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Product NewsCornish economy to be blighted by pasty tax
The Cornish Pasty Association (CPA) has spoken out about how the 20% tax on hot takeaway food could affect profitability and jobs in the region.
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New dough processing method on the horizon
Significant developments have been made in a new bread manufacturing process, called the Radical Bread Process (RBP), according to Campden BRI.
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Former Premier bosses in £1.4m pay-off
Three former bosses of embattled Premier Foods, the company behind the Hovis and Mr Kipling brands, received pay-offs of more than £1.4m, it was revealed yesterday.