Despite bearing loss yet again, Meat processor Alliance seems to be quite confident of coming back with a bang. There has been excess cost incurred during restructures at Mataura and Sockburn, which pushed the company down. Though New Zealand dollar is doing good, export markets are not giving any sort of support.
Fonterra has received an approval from Commerce Commission and it can now purchase the Studholme milk processing plant near Waimate, a new report has unveiled.
Studholme, the Russian-owned factory, was put in receivership since May i. e. for some four months, as per the findings. The company worth $108 million had been commissioned in September 2007.
For the past few years, the authorities of the UK have been pressurizing the food manufacturers to cut the level of calories, sugar and salt so that the growing problem of obesity could be dealt with. Recently, the Mars and Coca-Cola promised the government to cut the level of calories in the food items.
It has been revealed in a recent report that the huge beverage and food giant PepsiCo is of the view that it is going to put changes in its global structure. In the same wake, they have brought back Brian Cornell for heading its food division, while it has further created a new job for the President of the firm. This is a move for streamlining the many priorities of the firm.
Nearly 8,080 packages of Vita Classic Premium Sliced Smoked Atlantic Nova Salmon have recently been recalled over concerns that the product may be contaminated with Listeria monocytogenes, which can cause terminal infections in children, the elderly, as well as people who have weakened immune systems.
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