Hostess Brands and Bimbo Bakeries USA topped the year's list of headline-makers in the baking industry.
The Federal Trade Commission on July 8 posted an early termination notification in the Flowers Foods, Inc. acquisition of Hostess Brands, Inc. While the notification indicated an acquisition of assets from Hostess by Flowers has been approved, it did not indicate which assets. Click to read the full story.
Bimbo Bakeries USA plans shuttered its baking plant in Elk Grove and shifted production to other facilities by Nov. 8. The plant made bread products and tortillas under brand names such as Entenmann, EarthGrains, Oroweat, Thomas and Tia Rosa. Click to read the full story.
In what would be the largest merger in flour milling history, ConAgra Foods, Inc., Cargill and CHS Inc. announced they have reached an agreement to combine their North American flour milling businesses to form a new company to be named Ardent Mills. Click to read the full story.
The surprise finding of unapproved bioengineered wheat plants growing in an Oregon field caught the attention of the trade, briefly brought the Monsanto antagonists out in force, resulted in more class action lawsuits, brought a halt in soft white winter wheat exports from the Pacific Northwest to some countries and added fuel to the long-running debate on the use of bioengineered crops. Click to read the full story.
United States Bakery, Inc., Portland, Ore., emerged as the likely buyer for a number of the Northwest bread assets of Hostess Brands Inc., Irving, Texas, according to a Jan. 28 filing by Hostess in the U.S. Bankruptcy Court for the Southern District of New York. Click to read the full story.
Fred Penny, executive vice-president of Bimbo Bakeries USA, became president of the company effective June 1. Daniel Servitje, president and chief executive officer of Grupo Bimbo S.A.B. de C.V., announced Mr. Penny’s pending promotion on Feb. 22. Click to read the full story.
After multiple acquisitions bringing together several different baking companies, Bimbo Bakeries USA needed to work to create a single, centralized organizational culture, said Fred Penny, president. Mr. Penny spoke on a number of issues related to B.B.U. and baking as a panelist in the E.L.D.C. Baking Industry Forum Oct. 8 at the Las Vegas Convention Center. Click to read the full story.
While connections between coronary heart disease and the diet received considerable attention in recent years, Dr. David Perlmutter of Naples hoped to draw interest in connections between nutrition and neurological disorders, including Alzheimer’s disease. Click to read the full story.