Bimbo Canada is taking an important step towards achieving a circular economy by transitioning plastic bread bag tags to compostable, cardboard bread bag clips on all bread products including Dempster’s®, Villaggio®, POM®, Bon Matin®, Ben’s®, and Stonemill®. This small, yet impactful change will begin immediately and will begin and is anticipated to be complete by June, 2022. …
Mexican breadmaker Grupo Bimbo reported a 66.9% increase in fourth quarter net profit on Tuesday, driven by strong sales, lower financing costs and an effective income tax rate. …
1 U.S. Sen. Sherrod Brown (D-OH) toured a Bimbo Bakeries manufacturing plant and joined leaders and employees to discuss pension relief he helped secure for Ohio workers, retirees, and small businesses in the American Rescue Plan. Employees at the facility are represented by the Bakery, Confectionery, Tobacco Workers and Grain Millers’ (BCTGM) International Union Local 57, and will benefit from Brown’s pension fix. …
The gluten-free cookie maker, which now operates out of a production and warehouse facility in the town of Dryden, has been acquired by Mexico-based Grupo Bimbo, better known in the states as Bimbo Bakeries. The Bimbo name may not be familiar, but their products are supermarket staples, with brands such as Sara Lee, Entenmann’s, and Freihofer’s. …
Mexico’s 126m people buy $55bn-worth of packaged food annually. Sales of such fare have been growing quickly. This trend should have lifted the likes of Bimbo and Gruma, its biggest maker of tortillas. Instead, like many Mexican businesses in recent years of sluggish economic growth, they have fallen out of favour with investors. …
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