| Industry
News Diamond Foods, Inc. will spend $8.4 million
to expand its Salem-OR production facility to meet increased
demand for its Kettle Brand potato chips. Production capacity will be increased
by 25%. Full
Story 
Potbelly
Sandwich Shop signed its first franchise deal and will open the first franchised
Potbelly before the end of the year in El Paso, TX. Franchisees are limited to
operating a single Potbelly restaurant, reported Crain's Chicago Business.
Full
Story (Free Registration Required) 
PepsiCo
and Senomyx, Inc. entered into a four-year collaborative agreement related
to Senomyx's sweet-taste technology. PepsiCo's collaboration with Senomyx will
focus on the discovery, development and commercialization of sweet enhancers and
natural high-potency sweeteners with the intent to bring to the marketplace lower-calorie
PepsiCo beverages.
Full Story Taylor Fresh Foods, Inc. completed
its purchase of River Ranch Fresh Foods, LLC, reported PerishableNews.com.
Full
Story New
Product News: Starbucks launched the Starbucks Reserve line of single-origin
coffees. Full
Story ... Pacific Natural Foods introduced a line of all natural soups
and chowders and a line of organic condensed soups. Full
Story ... Uncle Ben's introduced Whole Grain White Rice. Full
Story ... Kellogg's Special K brand reformulated many of its cereals
to include fiber. Full
Story International
News PepsiCo Inc. plans to invest $250 million in Vietnam
over the next three years in its food and beverage businesses.
The company will increase manufacturing capacity, add  coolers
in stores and develop new products. Full
Story MTY Food Group Inc. subsidiary MTY Tiki
Ming Enterprises Inc. entered into a binding agreement to acquire all of the
issued shares of Groupe Valentine Inc. and seven real estate properties owned
by an affiliated corporation, including a distribution center, for C$9.3 million.
The MTY group has numerous specialty restaurant chains and Valentine has 95 outlets.
Full
Story Health News Women
who ate an average of one to two servings of dark chocolate per week had a
32% lower risk of developing heart failure, according to a study published
in Circulation. Those who had one to three servings per month had a 26%
lower risk. Full
Story Washington
News Mexico
will increase tariffs on 99 U.S. products. Mexico's
Economy Department will release the list industrial and agricultural products
this week, and stated that the measure would affect about $2.5 billion in trade,
reported The Associated Press. Full
Story
Register
Today! The Food Institute and Olsson Frank Weeda Terman Bode
Matz PC will jointly present a three-part webinar series entitled Food Labeling:
What You Need To Know. Presentations are slated for Tuesdays in September
(9/14, 9/21 and 9/28) from 12pm - 2pm ET each day. A variety of topics specific
to the latest trends and rules of labeling food products for consumption in the
U.S. will be covered. Guest speakers will include distinguished personnel from
the FDA, grocery associations, healthcare law firm, advocates for health and nutrition,
experts in nutritional analysis and more! Please click
here for more information and to register. | |
Nash Finch's Avanza Supermarket chain settled over
allegations that the chain charged consumers a 10% fee on their total purchase,
reported The Denver Post. Full
Story Market News Florida's
2010-11 citrus crop is estimated at 154 million boxes
from citrus consultant Elizabeth Steger, while Louis Dreyfus Citrus Inc. estimates
149 million boxes. Growers indicated processors and brokers were offering $1.50
to $1.60 per pound solids for early and mid-season oranges harvested from October
to March and $1.70 and higher for Valencia oranges picked in March through June.
The average farm price was nearly $1.41 for last season's early-mid oranges and
almost $1.63 for Valencias, according to the Florida Department of Citrus, reported
The Lakeland Ledger. Full
Story 
A
national near glut of peaches caused prices to soften, according to grower-shippers.
The outlook for the remainder of the season appears to be brighter for California
growers, as supply and demand look to become more balanced, reported The Packer
Online. Full
Story (Subscription Required) | 
