Irving, Texas-based Hostess Brands Inc. made its final contract offer to certain union members that included lowering wages and commissions by 8% in the contract's first year, according to a report in The Washington Post. Hostess also is considering selling its Merita brand of breads available in the Southeast.
The Tortilla Industry Association’s annual Convention Sept. 10-11 includes a variety of educational sessions and a keynote speech by the Honorable Judith Canales of the USDA.
The Norwalk, Conn.-based snack food maker named Irene Chang Britt president, the first woman to run the company in nearly a half-century. Britt succeeds Pat Callaghan, who steps down after more than 30 years.
United Biscuits says it has separated its snacks business after various rumors over recent weeks, signaling the possibility of a sale, and names ex-Kraft U.K. president as the new chief executive to head up the business. The snacks business will also be renamed KP Snacks.
Nestle USA says that its U.S. operations will soon be led by its current head of business in the U.K. and Ireland, Paul Grimwood. Grimwood becomes CEO and chairman of Nestle USA in October. In September, Tracey Belcourt will join Kraft Foods as executive vice president, strategy, leading mergers and acquisitions activities for the global snacks company, Mondelez International Inc., and evolving and implementing the company's growth strategy.
A lawsuit forces General Mills to defend the accuracy of its ‘Natural’ labeling claims on its Nature Valley products. The labels state the products as natural when they contain highly processed ingredients.
Nabisco’s Honey Maid crackers dominate the graham cracker category, with a 49.4% market share, according to SymphonyIRI Group. But Kraft Foods has done little advertising to assert that position until now. Kraft is launching a major marketing effort, with new products and a campaign that promotes the brand as a standalone snack for children.
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