Canadian meats processor and bakery giant Maple Leaf Foods, Toronto, said it entered into a new, four-year (C)$800 million revolving credit facility with a syndicate of Canadian, U.S. and international institutions.
One of Mexico's largest food processors, Mexico City-based Grupo Bimbo, said it has started building a wind farm large enough to generate 90 megawatts, enough power to supply 100 percent of the electric needs for 65 Bimbo facilities nationwide.
George Weston Limited said its subsidiary, Weston Foods (Canada) Inc. purchased ACE Bakery, a Toronto baker of frozen artisan and European-style rustic bread varieties, for $110 million.
Canadian meat and bakery foods giant Maple Leaf Foods, Toronto, plans to build new meat processing plants and bakeries -- while it closes other facilities.
Let them eat cake. Actually, that's just what Michel De France,
Ontario, Calif., was planning when it developed three new flavors of
frozen, heat-and-serve Parisian Cakes for retail and foodservice
channels.
Henningsen Cold Storage Co., Hillsboro, Ore., said its Chairman and President Michael Henningsen Jr. was elected to the board of directors for the American Institute of Baking, Manhattan, Kan.
The Tri-City (Wash.) Herald reported that ConAgra Foods' Lamb-Weston business plans on May 30 to close its frozen potato processing plant in Prosser, Wash.