Food Business News - November 20, 2012 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY November 20, 2012 ® Hostess shuts down bakery operations IRVING, TEXAS — Less than 24 hours after its Nov. 15 deadline for workers to end their strike passed without word of an end to the walkout, Hostess Brands Inc. Nov. 16 filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its brands and facilities. Hostess said it has suspended bakery operations at all plants, while delivery of products will continue and Hostess Brands retail stores will remain open for several days in order to sell Continued on Page 11 Nut innovation Story on Page 36 Ma Making progress in sodium reduction sod I t was March 17, 2005, in Atlanta, at the International Dairy Foods Association’s SmartMarketing meeting, that a trend tracker from the former Information Resources Inc. (now SymphonyIRI) market research firm proclaimed, “Ladies and gentlemen, you heard it here first. Sodium will be one of the next consumer hot buttons. “We’ve gone through counting fat and carbohydrate grams in pursuit of healthier lifestyles and better overall wellness. With that comes a return to keeping sodium intake levels low, as sodium intake is correlated to hypertension and heart health.” The trend tracker was right. Sodium Continued on Page 46 Bioengineering labeling initiative rejected roposition 37, the ballot measure that would have required the mandatory labeling of bioengineered foods sold at retail in the state of California, went down to defeat in the Nov. 6 election. Fiftythree per cent of California voters rejected the proposition. But proponents of the measure and their supporters nationwide P vowed to continue efforts to win mandatory labeling of bioengineered foods both in California and in a score of other states. While the polls were long closed, as of press time Proposition 37 advocates had not actually conceded defeat. After Election Day, California officials still had an estimated 3 million ballots to open and count before the state’s secretary of state affirms the official election results in December. The chance the untallied ballots would change the outcome was remote. Still, the California Right to Know Campaign and the Organic Consumers Association (O.C.A.), a supporter of Proposition 37, said they and their attorneys would closely monitor the vote count process. “We will challenge the outcome if the final count indicates more ‘yes’ than ‘no’ votes, or if the results are substantially Continued on Page 26

Table of Contents for the Digital Edition of Food Business News - November 20, 2012

Food Business News - November 20, 2012
Hostess shuts down bakery operations
Bioengineering labeling initiative rejected
Dairy Business News - Making progress in sodium reduction
Table of Contents
Web Contents
Editorial - Britain shows how celebration helps food
Starbucks to acquire Teavana for $620 million
Jerky processor to open new plant in 2013
Wal-Mart launches on-line food delivery service
Numerous food safety issues with peanut butter identified at Sunland facility
Kraft creating ‘renaissance in North American food and beverage'
Sam Reed: TreeHouse Foods ‘keeping powder dry’ on acquisitions
Dr Pepper Snapple Group sued over 7UP antioxidant claims
Hain income up 40%; acquisition closes
Hain Celestial to acquire raw juice maker
New product development driving General Mills
Diamond Foods restates financials
Gluten-free market to $4.2 billion in 2012
Mondelez facing challenges in candy, gum business
PepsiCo opens innovation center in Shanghai
Tingyi-PepsiCo alliance opens beverage plant in China
DSM to acquire Fortitech
House Foods America acquires El Burrito Mexican Foods
J&J Snack hits snag with school nutrition programs
Seneca Foods to acquire Independent Foods
Market Insight - More sugar than ever keeps pressure on prices
Food industry lauds failure of Prop. 37
SupplySide West Report - Consumer segments more sophisticated about heart health
Digestive traits may affect obesity issue
Market for higher protein products ripe with opportunity
Photos from SupplySide West
Ingredient Innovations - New ‘wheys’ for product development
Health and Wellness - Benefits beyond gut health
New Product Trends - Nut innovation
Dairy Business News - Dean Foods in transition
Meet the new man in charge
Dairy Business - Smart Balance swings to loss in quarter
New Food Products
Ingredient Market Trends - Increasing palm oil stocks pressure vegetable oil prices
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - November 20, 2012