August 1, 2004
Urschel Laboratories, Inc., has constructed a 14,000-sq.-ft. No-Bake foundry in less than one year. At a cost of $3.5 million, the foundry incorporates the latest technology in molding, melting and recycling with completely automated operating systems. The term “No-Bake” derives from earlier mold making processes that required baking liquid chemicals to bond sand grains together.
Turkington Industries agrees to purchase APV Baker’s Goldsboro, N.C., operation. The sale will be completed by the end of August 2004. The newly formed company will trade initially as Turkington APV - USA.
Wauconda, Ill.-based U.S. Flavors & Fragrances announces the sale of its fragrance business to Orchidia, a wholly owned subsidiary of FlavorChem.
The Novasoy Natural Power Tour received the Publicity Club of Chicago’s Silver Trumpet Award for distinguished achievement in public relations. The award is given as part of the Publicity Club’s annual Golden Trumpet Awards.
ADM will expand its NovaLipid line of zero/low trans-fat oils and margarines at its Quincy, Ill. enzyme interesterification facility over the next year.
Wirebelt, a leading developer of advanced conveyor belting solutions, received an equipment acceptance and certification from the United States Department of Agriculture. Awarded certification was Wirebelt’s C-Cure Edge, Flat-Flex and EZ Splice product lines.
ADM and Eugene Science announce a strategic alliance giving ADM marketing rights in North America and Europe for Eugene Science’s Euchol phytosterol technology. This product will be marketed by ADM as part of the CardioAid family of phytosterol ingredients.
Danisco announces its takeover of Rhodia Food Ingredients, taking a major step toward realizing its goal of becoming the leading supplier of ingredients in the food industry.
Atchison, Kan.-based MGP Ingredients, Inc., announces strong increases in sales, net income and earnings per share for the fiscal 2004 fourth quarter and twelve months ended June 30, 2004.
Suppliers on the Move
Loma Systems Inc. promoted Wayne Eide to vice president of aftermarket sales and support, a new position in the company. He is responsible for North America, South America and Central America. … DSM Food Specialties U.S. names Dicki Lulay as vice president, savory ingredients. … Dobake Bakeries appointed Jack Dellert as vice president of sales and marketing.