Hostess Brands, which recently week won court approval to start new labor terms on its second-biggest union, filed a plan that would hand majority ownership of the baker to a group of its existing lenders led by Silver Point Finance, LLC. The lenders would get a 75% stake in a restructured Hostess, subject to dilution, while the unions would get the remaining 25% stake.
Thousands of packaging and processing systems can be found at PACK EXPO International 2012, where you’ll find state-of the art solutions for the baking and snack industry, industry contacts, educational conferences, hundreds of exhibitors with dedicated solutions to meet baking and snack challenges, designated industry pavilions featuring the latest packaging innovations and lots more.
Snyder's-Lance Inc. and Inventure Foods Inc. complete a strategic distribution agreement that will expand the Snyder's-Lance route distribution system in Arizona and offer increased access by Inventure to the growing Snyder's-Lance national distribution network for its brands.
As global packaging revenues outstrip predicted economic growth in many sectors, tna celebrates 30 years on the cutting edge of packaging equipment solutions. How can other companies position themselves to take advantages? Alf Taylor, tna’s co-founder and CEO, offers his perspective on trends and challenges facing industry.
The National Chocolate Show and Chicago Fine Chocolate Show—the only dual consumer and trade shows in the U.S. dedicated to the chocolate industry—will be held Nov. 16-18 at Navy Pier in Chicago.
Dawn Food Products completes the refinancing of its company third-party debt. As a global leader of the sweet bakery industry, Dawn is exploring European financing options to enable further growth in that region.
In order to both expand its spare parts inventory and build a test facility, Fritsch USA, Cranbury, N.J., triples the size of its location and will add a test facility for customers to view the company’s baking equipment in operation and make sample products.
The Tortilla Industry Association is again rotating the dates for its 2013 TIA Convention and Technical Seminar. By scheduling the convention in May, TIA can again co-locate its Technical Seminar with the IBIE show in October.
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