The International Dairy Foods Association urges continued negotiations between the United States and South Korea to reach agreement on an expansive free-trade agreement with South Korea. President Obama and South Korean President Lee Myung-bak announced earlier this week that, after intense negotiations leading up to the Group of 20 summit, more negotiations were needed before a deal could be reached. …
Tootie Pie Company, Inc. announced that sales jumped 32% to $315,907 for the quarter ended September 30, 2010 versus $239,691 for the same period in 2009. …
Merita, the iconic bread brand baked in the South for the South, is celebrating nearly 110 years as a longstanding Southeastern family favorite with a number of innovation and marketing-related initiatives. Two new bread varieties packed with the nutrition families need, but with the signature Merita taste and soft texture, have been added to the Merita family of breads. Merita has also launched a new advertising campaign and unveiled new packaging. …
Sinbad Sweets wants everyone to celebrate National Baklava Day on Nov. 17, 2010. Kronos Foods, maker of Sinbad Sweets and the largest baker of baklava in the U.S., is offering a special promotion, giving consumers an excuse to eat baklava! Beginning on National Baklava Day through Dec. 5, 2010, Sinbad Sweets is offering a $5 mail-in rebate for consumers who purchase Sinbad Sweets or Kronos-branded baklava and baklava assortments. …
Sara Lee Corp. today announced it has signed an agreement to sell its North American Fresh Bakery business to Grupo Bimbo, one of the worlds largest baking companies, for $959 million. The transaction, which is subject to customary closing conditions and regulatory clearances, is anticipated to close during the first half of calendar year 2011. …
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