Unilever shake-up unveiled: Spreads brands including Flora to be ditched, €5bn share buyback starts and dividend hiked
After the failed takeover attempt by Kraft Heinz, Unilever committed to shaking up its business with a strategic review. By Rebecca Smith
Kraft Heinz sells Lehigh Valley factory for $36.5 million
Kraft Heinz Co. has sold its massive factory in Upper Macungie Township, less than four months after the facility stopped operating after 44 years of churning out well-known products such as Grey Poupon mustard and A.1. Steak Sauce. By Jon Harris.
Kraft in talks for sale to 3G Capital
Kraft Foods Group, one of the most well-known American food-makers, could soon be gobbled up by a hungry Brazilian investment firm, according to a published report.
Kraft recalls more than 7,000 cases of American singles cheese
Kraft is voluntarily recalling 7,691 packages of select varieties of its American Singles Pasteurized Prepared Cheese products, the company said in a release Friday. No illnesses linked to the recalled cheese have been reported.
#Kraft Foods Plans $100 Million Expansion At Its Springfield, Missouri, Cheese Processing Facility
Kraft Foods will invest approximately $100 million to upgraded technology and equipment at its Springfield, Missouri, cheese production facility to produce a new product line.Following Kraft’s nearly $50 million capital investment in 2012, this new investment demonstrates the company’s commitment to staying competitive and remaining a legacy employer in Springfield, local chamber of commerce officials said. […]
Kraft to remove artificial preservatives from individual #cheese slices
Kraft Foods will be removing some artificial preservatives from its Kraft Singles cheese slices.
#Kraft and Dean Foods Hope to Make Money on #Milk Margins
Kraft Foods (NASDAQ: KRFT ) , Dean Foods (NYSE: DF ) and other food manufacturers are watching the activity in Washington as the legislature works to renew the Farm Bill with several proposed changes.
What’s Driving Our Forecast For The U.S. #Cheese Market?
According to our estimates, Cheese is the second most valuable business for Kraft Foods Group (NASDAQ:KRFT), after Grocery.
#TGD: Kraft goes for the bold with new cheese flavors for 2013
Spicy jalapeno cream cheese and cracked black pepper string cheese are two new products.