Milling & Baking News - January 19, 2016 - 54

Archive X

X 2006
In the first day of trading,
shares of Chipotle Mexican
Grills, Inc. surged 98%,
closing at $43.50 per share.

name, including one that offers
a blend of whole wheat flour and
enriched wheat flour.
Allegations by "whistle-blowers" of accounting misdeeds
at American Italian Pasta Co.
sent AIPC shares tumbling.

In a survey conducted by the
Whole Grains Council, results
showed 68% of Americans
are unaware they should consume at least three daily servings of whole grains.

Siemer Milling Co., Teutopolis, Ill., will lease the
Hopkinsville flour mill of
Hopkinsville Milling Co., effective Feb. 1.

SAF Products Corp. has completed relocation of its national headquarters to Minneapolis from Kentfield, Calif.
Sara Lee Food and Beverage,
Downers Grove, Ill., has introduced breakfast bread and
English muffin products that
combine white flour and whole
grain flour.
Cargill has opened its first
office in Dubai, United Arab
Emirates, to better serve food
manufacturing customers in
the Middle East.
Bunge Ltd. said it has agreed
to purchase from Dalian
Huanong Group Ltd. an integrated soybean crushing and
refining plant in the port city
of Nanjin, China.

X 1986

Quaker Oats, Chicago, has introduced new Quaker Breakfast
Cookies, made with whole grain.
Marking the 85th anniversary
of the Wonder brand, Interstate
Bakeries Corp. said it would
roll out nationally three bread
varieties under the Wonder

Continental Baking Co., Inc.
will shut down baking operations at its Wonder bread
plants in Rochester, Minn.,
and Oklahoma City on Feb. 7.
Baird's Bread Co., Las Vegas,
has reached an agreement
in principle to acquire the
Honolulu baking facility of
Oroweat Foods Co., according to Roland Baird, president, Baird's Bread.

Sara Lee Corp. has reached
an agreement to acquire
Butter-Krust Baking Co., Inc.,
a privately-held baking business based in Sunbury, Pa.
Virginia Governor Timothy
Kaine said The Mennel Milling Co. would move its existing flour mill from the city of
Roanoke to southwest Roanoke county.

for high-fructose corn syrup.

If the fiscal 1987 federal budget President Reagan presents to Congress next week
includes the expected call for
elimination of the Interstate
Commerce Commission,
many breadstuffs executives
will find themselves fighting
to save an agency they don't
even like.
The first reductions under
the Gramm-Rudman federal
deficit reduction law will
cut Commodity Credit Corp.
spending by $400 million in
both fiscal 1986 and 1987.
The Minneapolis Grain Exchange has submitted an application to the Commodity Futures Trading Commission for
designation as a contract market

54 / January 19, 2016 XMilling & Baking News

Campbell Taggart, Inc., Dallas, has donated to Xavier
University an 84,000-squarefoot building and approximately three acres of land,
which until last March was
the site of its Rainbo Baking
Co. plant in Cincinnati.
Walter M. Christensen Sr.,
executive vice-president of
Gemini Bakery
Equipment
Co., died Jan.
10 at a Philadelphia hospital. He was
55. Mr. ChrisChristensen
tensen was
hospitalized
Jan. 8 after becoming ill at the
company's offices; death was
attributed to an aneurism.

X1946
President Truman on Jan. 21
called on Congress in his
message of the State of the
Union to extend the Price
Control Act for one year after
its present expiration date
of June 30, and to authorize
the extension of food subsidy
payments, including those on
flour.
Joseph C. Beaven, president, and William C. Engel,
vice-president, of Standard
Milling Co., will make announcement Jan. 23 that they
have entered into contract for
the purchase of the milling

and grain elevator properties,
flour brand names, and other
assets of Standard Milling.

Beaven

Engel

Alarmed over the tightness of
wheat supplies, including inability of some mills to obtain
sufficient grain for current
grind, the executive committee of the Millers' National
Federation formulated recommendations for emergency
action by officers of the U.S.
Department of Agriculture
and the Commodity Credit
Corp.
Capt. Fred W. Pfizenmayer,
who left the Continental
Baking Co. in
1942 to join
the army, reported Jan. 19
to Fort Hix for
release from
the services.
Pfizenmayer
He plans to
return immediately without any vacation to
the Continental organization
in New York City, probably
within 10 days.
The U.S. Department of Agriculture has restricted for the
first time the use of wheat for
beverage alcohol distilling.
Going forward, only purchases of wheat below No. 4 and
the products of wheat grading below No. 4 may be made
for beverage distilling.
Formation of the SimpsonRomeiser-Evans Grain Co., to
take over the grain business
of Eberhardt & Simpson Grain
Co., was announced in Salina,
Kas., to be effective Feb. 1
The Industrial Fumigant Co.
of Chicago has announced
plans to open sales and service offices in Kansas City
and St Louis in an expansion
move to increase its service to
the milling industry and allied plants. MBN
bakingbusiness.com / world-grain.com

http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - January 19, 2016

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