Milling & Baking News - January 2, 2018 - 46

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Campbell Soup Co., Camden,
N.J., for $850 million.

2008
Harlan Bakeries, Inc., a
wholesale baking company
specializing in bagel production, has entered into a definitive agreement to acquire
a mix manufacturing and
distribution plant in Effingham, Ill., from Krispy Kreme
Doughnuts, Inc.

W.B. Duluth Storage L.L.C.,
a subsidiary of Whitebox
Advisors, L.L.C., has agreed
to acquire a Duluth, Minn.,
grain elevator from Cargill
AgHorizons.

Elmer Lee Cochran, founder
of Ideal Baking Co. in Batesville, Ark., died Jan. 8. He
was 93 years old.

The free trade agreement between the United States and
Canada, which will eliminate
some of the restrictions currently affecting trade between
the two countries in grain,
grain products and sweetener-containing products, was
signed by President Reagan
and Prime Minister Brian
Mulroney of Canada Jan. 2.

The board of directors of
Krispy Kreme Doughnuts
Inc. on Jan. 7
elected current
chairman James
H. Morgan to
the additional
positions of
president and
chief executive
Brewster
officer. He succeeds Daryl Brewster, who has
resigned for personal reasons.
The Food Equipment Group
of Illinois Tool Works, Inc.
has acquired the Peerless
Group. The acquisition includes the Sidney, Ohio,
manufacturing facility.
The Penn Traffic Co. on Jan. 2
said it is closing its Penny Curtiss commercial bakery operations, effective immediately.
In celebration of Folic Acid
Awareness Week, representatives of the Grain Foods
Foundation and the March
of Dimes were in New York
Jan. 10 to ring the closing
bell at the New York Stock
Exchange.
The Solae Co., a large manufacturer of soy protein ingredients, is confident science
provides adequate substantiation for a 1999 soy protein and
heart health claim. The Food
and Drug Administration said
it intends to reevaluate the scientific evidence for the claim.
Yildiz Holding A.S. has
agreed to acquire the Godiva
Chocolatier business from The
46 / January 2, 2018

1988

The petition of Flowers Industries, Inc. to delete the "prior
approval" acquisition provisions of a 1983 Federal Trade
Commission consent order
drew only three comments -
two in opposition and one in
support - during a 30-day
period of public comment.
Russell J. Bragg, group vicepresident and
general manager of grain
merchandising
at The Pillsbury
Co. since 1983,
has been named
president of
Bragg
Pillsbury's
newly formed Industrial
Foods Group.
McGlynn Bakeries, Inc. plans
to construct a 140,000-squarefoot building in Chanhassen,
Minn., a suburb of Minneapolis, for new corporate offices, a
plant and distribution center.
Burlington Northern Railroad, the nation's largest
grain shipper, will begin immediately to guarantee availability of covered hopper cars
to grain customers at a specified charge from a specified
point of origin at a specific
delivery time.
ConAgra, Inc. has confirmed

Milling & Baking News

plans to build a $50 million
headquarters and research
laboratory complex on the
Missouri river waterfront in
downtown Omaha.
Robert H. Mazur, Ph.D., a
senior research fellow, and
James M. Schlatter, retired
chemist, both of The NutraSweet Co., have been selected
to receive the Edgar Monsanto Queeny Award from Monsanto Co. for the discovery
and development of the nutritive sweetener, aspartame.
Arthur Baird and Byron Baird

Arthur Baird

Byron Baird

have been elected vice-presidents of Mrs Baird's Bakeries,
Inc., said H. Vernon Baird,
chairman of the board and
chief executive officer.
The board of directors of
General Mills, Inc. has authorized management to explore
the possible sale of its Talbots
and Eddie Bauer subsidiaries,
which currently make up the
parent company's Specialty
Retailing Group.

1948
Charles Oscar Swanson,
Ph.D., head of the Department of Milling Industry of
Kansas State
College from
1923 to 1940
and one of the
nation's leading teachers,
research workers and writers Swanson
in the field of
milling and cereal chemistry,
passed away Jan. 5. He was
76 years old.
According to statisticians of
the Metropolitan Life Insurance Co., the population of
the United States increased
more than 2,400,000 in 1947,

a new record, compared
with the previous peak gain
of 2,279,000 in 1946. "The
record for 1947 was so extraordinary that it may never
again be equaled," demographists said. The number of
babies born in 1947 attained
a record high of 3,900,000,
compared with 3,500,000 in
1946.
Richard F. Uhlmann, president of Uhlmann Grain Co.,
was elected
president of the
Chicago Board
of Trade. He
will complete
the unexpired
term of J.O.
McClintock,
Uhlmann
who resigned
as president so as to assume
his new position as executive vice-president of the exchange on Jan. 1.
At the annual election held
Jan. 13 at the Commerce Trust
Co. in Kansas
City, Arthur
Eisenhower,
who ranks as a
leader in mill
and grain financing among
bankers of the
Eisenhower
United States,
was named executive vicepresident and added to the
board of directors.
The Washington Post of Jan. 11
contained an article by Harry
A. Bullis, chairman of the
board of General Mills, Inc.,
on the benefits of grain futures markets to the public.
Elmo F. Merrill, treasurer
and general
manager of the
Moore-Lowry
Flour Mills
Co., the new
president of
the Kansas City
Board of Trade, Merrill
has been associated with the grain and
milling industry since the age
of 15. He began his career as
an errand boy for B.C. Christopher & Co., a prominent
grain house. MBN
bakingbusiness.com / world-grain.com
http://www.bakingbusiness.com http://www.world-grain.com
Milling & Baking News - January 2, 2018

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