Hershey, Mars raise pricesAs the price for cocoa reaches its highest in more than 20 years, confectionery companies are struggling to balance product prices with input costs. First, it was
Yildiz Holdings, the parent company of Turkish biscuit and chocolate conglomerate Ulker Group, has acquired the brand name of British chocolate producer Lovells, reported the World Bulletin. In a statement
Private equity firm Linsalata Capital Partners (LinCap), acquired Boone, N.C.-based Hospitality Mints, Inc. from American Capital, Ltd. Serving more than 10,000 customers in foodservice, retail and ad specialty channels, Hospitality
Canajoharie, N.Y.-based Richardson Brands plans to increase production and therefore, increase job opportunities, says the Daily Gazette in a recent newspaper article. The candy manufacturer currently uses just 12% of
The Belgian Royal Association of the Chocolate, Praline, Biscuits and Sugar Confectionery Industry (CHOPRABISCO) has created labeling guidelines for chocolate manufacturers distributing “Belgian” chocolate, which took effect September 1, Confectionery
Thirteen days shy of his 86th birthday, Neil Murphy died of cancer on August 12. The fourth-generation candymaker known for his bolitas, brittles and pecan Tortugas ran candy operations in
According to an article by Stephen Daniells on foodnavigator.com, researchers have linked chocolate high in flavanols to increased blood flow in the brain. A recent study was performed on 34
Crop problems caused by rain in Brazil and India, the top producers of sugar, may cause sugar prices to rise, reported Reuters. In addition to the rains, the conversion of
The nation’s leading full-service licensing agency, IMC Licensing, announced an agreement between Rocky Mountain Chocolate Factory, Inc. and Lehi Roller Mills to produce a premium hot cocoa mix. “Rocky Mountain
In a Canadian study performed by researchers from Brock University and Carleton University, the average confection in stores did not reach consumers until four and a half months, an Edmonton
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