Foster's Group Limited and Miller Brewing Company plan to enter into a ten-year agreement on a license-brewing partnership for Foster's in the United States.
Hanesbrands Inc. will cut approximately 5,300 jobs and close nine sewing and assembly operations in five countries as part of an ongoing restructuring effort to make its business leaner and more profitable.
In May 2007, The Hershey Company announced that John C. Long is named Vice President, Corporate Social Responsibility. Long will report to Thomas K. Hernquist, senior vice president, global chief growth officer.