Food Business News -March 27,2012 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY March 27, 2012 ® Kraft global snacks unit to be named Mondelez International NORTHFIELD, ILL. — Kraft Foods Inc. plans to name its global snacks business Mondelez International, Inc. According to Kraft, “Mondelez” (pronounced mohn-dah-LEEZ’) is a newly coined word meant to evoke the idea of a “delicious world.” Kraft said “Monde” derives from the Latin word for “world,” and “delez” is a fanciful expression of “delicious.” Kraft announced last year that it is dividing to create two public companies before the end of 2012: a global snacks business and a North American grocery business. The North American grocery company will become Kraft Foods Continued on Page 10 China’s buying spree still Story on Page 28 INSIDE Ad cam campaign promotes chocol chocolate milk’s recovery traits LOS ANGELES — A new “got chocolate milk?” campaign will focus on how refueling with chocolate milk may play a role in an athlete’s after-workout ritual. The campaign will feature print, television and on-line advertising. It will involve such athletes as Carmelo Anthony, a basketball player for the New York Knicks and USA Basketball’s men’s national team; Dara Torres, an Olympic medal-winning Continued on Page 42 F.D.A. issues criteria for determining frequency of inspections Agency outlines method for determining whether a food plant should be designated ‘high risk’ or ‘non-high risk’ T he Food and Drug Administration on March 9 issued criteria it will use in categorizing domestic food facilities as “high risk” or “non-high risk.” Under the Food Safety Modernization Act, frequency of routine or regular F.D.A. inspections of food facilities will be based on risk. Food facilities designated as high risk must be inspected at least once every three years, and facilities designated as non-high risk must be inspected at least once every five years. The inspection frequencies are minimums, and some facilities may be inspected more often. The F.D.A. estimated the total inventory of domestic food facilities at 82,300. Of these, the F.D.A. said an estimated 22,325 facilities currently were in the high-risk category with the remainder in the non-highrisk category. The F.D.A. said its goal was to complete the initial cycle of high-risk facility inspections in a three-year period (fiscal years 2011-2013), even though Congress required only that the initial cycle of inspections be completed in five years after enactment of the F.S.M.A. and that the mandated threeyear inspection cycle regimen for highrisk facilities begin thereafter. The agency Continued on Page 30

Table of Contents for the Digital Edition of Food Business News -March 27,2012

Food Business News - March 27, 2012
Kraft global snacks unit to be named Mondelez International
F.D.A. issues criteria for determining frequency of inspections
Dairy Business News - Ad campaign promotes chocolate milk’s recovery traits
Table of Contents
Web Contents
Editorial - The influence of social media is expanding rapidly
Don Thompson to become McDonald’s c.e.o. with Jim Skinner retirement
Snacking frequency on the rise, Technomic says
TreeHouse Foods to acquire dressings, sauce maker
PepsiCo creates new executive position
Unilever launches open innovation initiative
Starbucks opens first Evolution Fresh store
Little Crow Foods selling assets, closing business
Sara Lee international coffee, tea to become D.E. Master Blenders 1753
Sara Lee names International Coffee and Tea executives
Bonduelle Group to acquire some Allens assets
Innova: Cherries on their way to superfruit status
Coffee Holding sales up 120% in quarter
More illnesses being linked to imported foods
Snacking may contribute one-third of ‘empty’ calories
Starbucks entering energy drink market
Krispy Kreme income up sharply
Standard & Poor’s revises Ralcorp credit ratings outlook to negative
Restaurant consumers looking for fresh, local foods
Food and beverage C.P.I. climbs 0.1% in February
Popcorn contains more antioxidants than fruits or vegetables
Independent restaurants struggling, NPD Group says
Dole returns to profitability in year
Del Monte income down 67% on operating costs
Financial woes, walnut costs the focus of Diamond Foods restatements
Former Diamond Foods execs step down from board
Market Insight - China's buying spree still growing
Ingredient Innovations - Crispy to Crunchy
Health and Wellness - Fat reduction market seen as stable
Dairy Business News - TCBY launches pre-packaged frozen yogurt
Dairy Business News - Baskin-Robbins expanding Mexico presence
Dairy Business News - Kemps to acquire Cass-Clay Creamery
Dairy Business News - Sargento bolsters business development effort
Dairy Business News - With leap day, February milk output up 8.3%
Dairy Business News - Dean Foods swings to loss in 2011
Ice Cream Trends - Ice cream innovation
Highlights from the 2012 Natural Products Expo West
New Food Products - Hormel adding sausages and ham steaks in April
New Food Products - Duncan Hines introduces Frosting Creations
New Food Products - Archway adds rocky road, pecan turtle cookies
New Food Products - Probar reformulates fruition bars to be gluten-free
New Food Products - Jones Soda introduces Au Naturel beverage
New Food Products - Frito-Lay unveils bigger Doritos chip
New Food Products - Udi’s introduces gluten-free rolls, pizza
New Food Products - Lotus expands spread line with crunchy variety
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News -March 27,2012