George Weston Buys ACE Bakery For C$110 Million
Canada’s George Weston is buying Toronto-based ACE Bakery for C$110 million ($108.4 million) to complement its existing baked goods brands, the parent company of Loblaw said on Monday. …
Month: November 2010
Saputo Continues To Milk Additional Profits, However Sustainability Of Improvement Unlikely
Saputo continued to soar in the second quarter; however, the sustainability of these results is far from a slam dunk, in our view. While we intend to adjust our profit forecast to account for the firm’s results through the first six months of the fiscal year, we don’t expect this change to move the needle on our fair value estimate. …
Plastic Technologies Has Launched PET For Dairy
For the first time, Plastic Technologies, Inc. (PTI) is making its oPTI lightweight foamed polyethylene terephthalate (PET) container blow molding process available for dairy applications via both stock and custom options. …
October Milk Prices Projected To Increase
Wisconsin farmers received an average price of $17.90 per hundredweight for their milk in September 2010, up $4.40 from the same time a year ago. And according to the USDA, the October 2010 price is expected to increase another 70 cents to $18.60 per cwt. …
New Study: Probiotics May Help You Fight Off The Flu
A new clinical study sponsored by Chr. Hansen and conducted in cooperation with a hospital and the University of Milan documents that supplementation with either of the strains BB-12 or L. casei 431 may improve the bodys resistance to common infections such as flu and colds. …
