Meat&Poultry - March 2011 - 12

Success is a Matter of System

Business Notes
Cargill introduces Fressure patties
Cargill recently announced a partnership with Milwaukee-based American Pasteurization Company to offer fresh ground-beef patties for foodservice customers that are treated using high-pressure pasteurization technology. The products, marketed under the Fressure brand, offer customers shelf-life that is double that of traditional fresh burgers without effecting flavor or appearance, the company said. Fressure ground beef patties are fi rst produced and packaged at Cargill’s Columbus, Neb., facility before being HPP treated at APC’s facility in Milwaukee. The process does not use high temperatures, chemicals or irradiation, while retaining the nutrient value and freshness of the ground beef, the company said. Cargill focused research efforts on making HPP commercially viable for ground beef patties. Its efforts were inspired by the goal of pushing shelflife from 21 days to 42 days without any side effects while diminishing bacteria that cause foodborne illness and spoilage. The HPP process involves placing packaged products in a sealed cylindrical pressure vessel that is fi lled with water. The vessel contents are then pressurized at up to 87,000 psi, which is sustained for a predetermined period. The pressure interrupts the cellular activities of any pathogens in the products. “The benefits extend to both fresh and frozen Fressure patties,” a company spokesman said. ■

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Maple Leaf earnings hit by input costs
As raw material prices increased, earnings for Maple Leaf Foods fell 50 percent for the year despite a 30 percent increase in fourth-quarter earnings. Earnings for the year ended Dec. 31, 2010, were C$25,822,000 ($26,288,327), equal to C$0.19 per share on the common stock, which compared with an income of C$52,147,000, equal to C$0.40 per share, during the previous year. Sales for the year were C$4,968,119,000 ($5,053,396,925), down 5 percent from C$5,221,602,000 during the previous year. For the fourth quarter ended Dec. 31, the company had earnings of C$30,179,000 ($30,697,972), equal to C$0.22 per share, which compared with earnings of C$21,920,000, equal to C$0.16 per share, during the same quarter of the previous year. Sales for the quarter were C$1,212,035,000 ($1,232,957,236), down 9 percent from C$1,324,903,000 during the same quarter of the previous year. “Maple Leaf Foods delivered strong earnings growth in the fourth quarter, despite a sharp increase in raw material prices,” said Michael McCain, president and CEO. “These results reflect the benefits of cost reductions and price increases intended to help us keep pace with global food inflation, and some early benefits from the initial execution of our strategic plan. We expect the progress we are making in reducing our cost structure, simplifying our product lines, and streamlining our operations will contribute to earnings throughout 2011.” ■

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12 • Meat&Poultry • March 2011 • www.MeatPoultry.com



Meat&Poultry - March 2011

Table of Contents for the Digital Edition of Meat&Poultry - March 2011

Meat&Poultry - March 2011
Commentary - Defense mechanisms
Hormel earnings up 34 percent in first quarter
Cargill introduces Fressure patties
Maple Leaf earnings hit by input costs
Sanderson Farms touts record FY2010
Grant allows XL Foods to double capacity
Townsends poultry ops sold after bankruptcy
JBS reports positive results of food-safety technology
Taco Bell launches new beef image TV ads
Catfish inspection gets political
Sustainability strides
E xperience counts
THE TOP 125 PROCESSORS - Winner’s circle
THE TOP 125 PROCESSORS - Alphabetical listing by company name
THE TOP 125 PROCESSORS - by rank
Small Business Matters - Duty calls
Food Ingredient Solutions - Delectable pairings
Processing Innovations - Everything but the squeal
Sanitation - Cleaning passion
Food Safety - Reassigning resources
Food Safety - Food-safety fortress
Packaging Solutions - Packaging under pressure
New Product Rollouts - Unveiling ideas
New Products
Labor - Questioning benefi ts
Names in the News
New Product Showcase
Classified Advertising
Meat&Poultry - March 2011 - Meat&Poultry - March 2011
Meat&Poultry - March 2011 - 2
Meat&Poultry - March 2011 - 3
Meat&Poultry - March 2011 - 4
Meat&Poultry - March 2011 - 5
Meat&Poultry - March 2011 - 6
Meat&Poultry - March 2011 - 7
Meat&Poultry - March 2011 - Commentary - Defense mechanisms
Meat&Poultry - March 2011 - 9
Meat&Poultry - March 2011 - Hormel earnings up 34 percent in first quarter
Meat&Poultry - March 2011 - 11
Meat&Poultry - March 2011 - Maple Leaf earnings hit by input costs
Meat&Poultry - March 2011 - 13
Meat&Poultry - March 2011 - Sanderson Farms touts record FY2010
Meat&Poultry - March 2011 - 15
Meat&Poultry - March 2011 - Townsends poultry ops sold after bankruptcy
Meat&Poultry - March 2011 - 17
Meat&Poultry - March 2011 - Taco Bell launches new beef image TV ads
Meat&Poultry - March 2011 - 19
Meat&Poultry - March 2011 - Catfish inspection gets political
Meat&Poultry - March 2011 - 21
Meat&Poultry - March 2011 - Sustainability strides
Meat&Poultry - March 2011 - 23
Meat&Poultry - March 2011 - 24
Meat&Poultry - March 2011 - 25
Meat&Poultry - March 2011 - 26
Meat&Poultry - March 2011 - 27
Meat&Poultry - March 2011 - 28
Meat&Poultry - March 2011 - 29
Meat&Poultry - March 2011 - E xperience counts
Meat&Poultry - March 2011 - 31
Meat&Poultry - March 2011 - 32
Meat&Poultry - March 2011 - 33
Meat&Poultry - March 2011 - 34
Meat&Poultry - March 2011 - 35
Meat&Poultry - March 2011 - THE TOP 125 PROCESSORS - Winner’s circle
Meat&Poultry - March 2011 - 37
Meat&Poultry - March 2011 - THE TOP 125 PROCESSORS - Alphabetical listing by company name
Meat&Poultry - March 2011 - 39
Meat&Poultry - March 2011 - 40
Meat&Poultry - March 2011 - 41
Meat&Poultry - March 2011 - 42
Meat&Poultry - March 2011 - THE TOP 125 PROCESSORS - by rank
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Meat&Poultry - March 2011 - 45
Meat&Poultry - March 2011 - 46
Meat&Poultry - March 2011 - 47
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Meat&Poultry - March 2011 - 56
Meat&Poultry - March 2011 - 57
Meat&Poultry - March 2011 - 58
Meat&Poultry - March 2011 - 59
Meat&Poultry - March 2011 - 60
Meat&Poultry - March 2011 - 61
Meat&Poultry - March 2011 - Small Business Matters - Duty calls
Meat&Poultry - March 2011 - 63
Meat&Poultry - March 2011 - 64
Meat&Poultry - March 2011 - 65
Meat&Poultry - March 2011 - 66
Meat&Poultry - March 2011 - 67
Meat&Poultry - March 2011 - Food Ingredient Solutions - Delectable pairings
Meat&Poultry - March 2011 - 69
Meat&Poultry - March 2011 - 70
Meat&Poultry - March 2011 - 71
Meat&Poultry - March 2011 - 72
Meat&Poultry - March 2011 - 73
Meat&Poultry - March 2011 - 74
Meat&Poultry - March 2011 - 75
Meat&Poultry - March 2011 - Processing Innovations - Everything but the squeal
Meat&Poultry - March 2011 - 77
Meat&Poultry - March 2011 - 78
Meat&Poultry - March 2011 - 79
Meat&Poultry - March 2011 - 80
Meat&Poultry - March 2011 - 81
Meat&Poultry - March 2011 - 82
Meat&Poultry - March 2011 - Sanitation - Cleaning passion
Meat&Poultry - March 2011 - Food Safety - Reassigning resources
Meat&Poultry - March 2011 - 85
Meat&Poultry - March 2011 - 86
Meat&Poultry - March 2011 - 87
Meat&Poultry - March 2011 - Food Safety - Food-safety fortress
Meat&Poultry - March 2011 - 89
Meat&Poultry - March 2011 - 90
Meat&Poultry - March 2011 - 91
Meat&Poultry - March 2011 - 92
Meat&Poultry - March 2011 - 93
Meat&Poultry - March 2011 - 94
Meat&Poultry - March 2011 - 95
Meat&Poultry - March 2011 - 96
Meat&Poultry - March 2011 - 97
Meat&Poultry - March 2011 - Packaging Solutions - Packaging under pressure
Meat&Poultry - March 2011 - 99
Meat&Poultry - March 2011 - 100
Meat&Poultry - March 2011 - 101
Meat&Poultry - March 2011 - 102
Meat&Poultry - March 2011 - 103
Meat&Poultry - March 2011 - 104
Meat&Poultry - March 2011 - New Product Rollouts - Unveiling ideas
Meat&Poultry - March 2011 - New Products
Meat&Poultry - March 2011 - 107
Meat&Poultry - March 2011 - Labor - Questioning benefi ts
Meat&Poultry - March 2011 - Names in the News
Meat&Poultry - March 2011 - New Product Showcase
Meat&Poultry - March 2011 - 111
Meat&Poultry - March 2011 - 112
Meat&Poultry - March 2011 - 113
Meat&Poultry - March 2011 - 114
Meat&Poultry - March 2011 - 115
Meat&Poultry - March 2011 - 116
Meat&Poultry - March 2011 - Classified Advertising
Meat&Poultry - March 2011 - 118
Meat&Poultry - March 2011 - 119
Meat&Poultry - March 2011 - 120
Meat&Poultry - March 2011 - 121
Meat&Poultry - March 2011 - 122
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