A procurement solution is expected to help AdvancePierre Foods reduce costs and accelerate savings opportunities from its recent merger with Advance Food Company and Advance Brands and the acquisition of Barber Foods.
Nestl marked another milestone in its commitment to environmental sustainability by achieving zero waste to landfill at its Kit Kat and Aero confectionery factory in the United Kingdom.
Campbell's new business strategy will focus on expansion of the company's category platforms in its three core categories of simple meals, baked snacks and healthy beverages.
2010 marked the third consecutive year that chief executives of the 500 biggest companies in the United States took a reduction in total compensation. By comparison, this year's Forbes.com list of The Worlds Billionaires broke records in size (1,210 billionaires) and total net worth ($4.5 trillion). Find out which food and beverage billionaires topped this list.
The new President for Kraft Foods Europe began his career with the company in 1992 and has progressed through a number of marketing, strategy and general management roles.
The investment reflects Campbell's efforts to further increase the rate of innovation across its Baking and Snacking portfolio, the company's second-largest reporting segment, which includes both its Pepperidge Farm unit and Arnott's in Asia Pacific.
