BAKETECH founders, Geri Walker, Stephen Smith and Robert Miller, are pleased to announce that they have signed a Letter of Intent to merge into AMF Bakery Systems of Richmond, Virginia. BAKETECH is the wholesale baking industry’s leading supplier of continuous proofers, ovens, and coolers. …
Ralcorp Holdings, Inc. today announced that its Board of Directors has unanimously agreed in principle to separate Ralcorp and Post Foods in a tax-free spin-off to Ralcorp shareholders. As part of the separation, Post Foods will issue between $1.1 to $1.2 billion of debt with the net cash proceeds of approximately $1 billion going to Ralcorp. Ralcorp's Board of Directors intends to use these proceeds to reduce debt, aggressively pursue private brand acquisitions and pursue additional share repurchases …
Seamless, the nation's leading digital service for ordering delivery and takeout food from thousands of top restaurants across 27 U.S. cities and London, announced enhancements to its iPhone mobile application today. The improved mobile app offers a more intuitive and smarter way for people to find and order exactly the food they want, wherever they want it. …
Plastic shopping bags could be banned at Portland’s larger grocery store and other retailers as soon as Oct. 15. …
With its newest offering, Burger Maker, of Carlstadt, N.J., attempts to solve the age-old dilemma of whether the patty or the toppings make the best burger. The company’s Certified Angus Beef ® brand Signature Blend combines the best of three different beef cuts: brisket, chuck and steak tails from the rib and loin. Each cut provides unique flavor and smooth texture that complements the others when combined. …
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