Industry News

Company announcements, emerging bakery and snack food product introductions, trends, regulatory issues and more.

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Kraft Foods Group appoints John Cahill CEO

John Cahill will take over as chairman and CEO of Kraft Foods with the retirement of CEO Tony Vernon on Dec. 27.


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Grupo Bimbo acquires Saputo Bakery

Canada Bread Co., a subsidiary of Grupo Bimbo, will pay approximately $103.5 million for Canada’s leading snack cake producer.


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Pop! Gourmet named ‘Snack Producer of the Year’

Snack Food & Wholesale Bakery magazine has announced that its 2015 “Snack Producer of the Year” award will go to Pop! Gourmet Popcorn, Kent, WA. 


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ADM to establish tech center in Kentucky

The new Erlanger, KY, facility will be co-located with WILD Flavors and eventually create up to 200 jobs in the region.


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ASB announces 2015 Product Development Competition finalists

Three student teams and three baking professionals are finalists in the American Society of Baking’s inaugural Product Development Competition.


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47th Pillsbury Bake-Off Contest names Grand Prize winner

Beth Royals of Richmond, VA, wins $1 million for her original recipe Peanutty Pie Crust Clusters.


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Flowers Foods’ executive chairman to retire

George E. Deese will retire as executive chairman of the company’s board of directors at the end of the year.


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IDDBA’s 2015 bakery trends forecast available

The International Dairy-Deli-Bakery Association’s What’s in Store 2015 is available to members and nonmembers.


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AIB International names new director of innovation

Lance Reeve replaces Stephanie Lopez as director of food safety services innovation.


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Mondelez to acquire majority stake in Vietnam’s leading snacks company

The $370 million investment in Kinh Do Corp.'s snacks business accelerates the company's growth strategy in Asia Pacific.


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