Food Business News - August 12, 2014 - (Page 1)

August 12, 2014 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Smucker strikes deal for nut snack maker ORRVILLE, OHIO - The J.M. Smucker Co. has signed an agreement to acquire Sahale Snacks, Inc., a Seattlebased maker of nut and fruit mixes. Financial terms of the deal were not disclosed. With net sales projected to reach approximately $50 million this year, Sahale Snacks manufactures sweet and savory fruit and nut snacks, with such varieties as cashews with pomegranate and vanilla; maple-glazed pecans combined with walnuts, cherries and apples; and chipotle chili seasoned almonds and peanuts with lime-infused mango pieces. Products feature such ingredients Continued on Page 10 Added Sugars 0g Much ado over added sugars Story on Page 22 Diversifying the dairy case hroughout the supermarket and on menus across the country, it's apparent a powerful inspiration for innovation are ethnic flavors, particularly the tastes of Latin America and Asia. The recent World Cup inspired all types of Brazilian cuisine, and the 2016 Olympics in Rio will keep the trend going. And the latest trends in Asian travel include culinary tours designed for gourmet enthusiasts with an appetite for eating and adventure. Curious consumers want to explore Continued on Page 40 T Sugar's elephant in the room hile a number of key topics were addressed at the International Sweetener Symposium in Stowe, Vt., last week, including nutrition panel labeling, bioengineered crops, politics and consumer trends, there also was an elephant lurking in the room that clearly was the undercurrent of the gathering. The elephant in this instance was the antidumping and countervailing duty case against the Mexican sugar industry W currently being investigated by the U.S. Department of Commerce and the U.S. International Trade Commission. The petition with the charges was filed March 28 by the American Sugar Coalition, membership in which closely coincides with that of the American Sugar Alliance, which represents the nation's sugar beet and cane growers, processors and refiners and is the organizer of the symposium. It's not like the elephant was totally ignored. Several speakers referred to the case, including Frank Jenkins, president of JSG Commodities, who said he expected the case to be decided in favor of U.S. sugar producers following a protracted review by the U.S. government, after which a managed agreement would be implement by both countries. Michael Scuse, U.S. Department of Agriculture undersecretary for farm and foreign agricultural services and the first speaker at the symposium, said, "The greatest area of Continued on Page 24 ®

Table of Contents for the Digital Edition of Food Business News - August 12, 2014

Food Business News - August 12, 2014
Smucker strikes deal for nut snack maker
Sugar’s elephant in the room
Dairy Business News - Diversifying the dairy case
Table of Contents
Web Contents
Editorial - Changing expectations are forcing companies to adapt
Keurig’s K-Cups runneth over
Kraft’s Vernon: ‘Momentous shifts’ favor smaller, more nimble players
Competition undermining B&G’s Rickland Orchards brand
Soda tax redux
Unilever ready for action
OSI Group cleans house in China
Danone goes beyond Greek
Dr Pepper: ‘Diet is taking us down’
Cargill closing beef slaughter plant
Kellogg installs new leadership for cereal, Kashi businesses
Nestle to consolidate Hot Pockets production
Washington - Much ado over added sugars
Ingredient Innovations - Beyond Reb A
Number of partner options for stevia expands
Health and Wellness - Continuing to build a case for probiotics
Company Profile - A plan for growth at Campbell Soup
Near-term financial challenges remain
New Food Products
Ingredient Market Trends - Russia bans certain agricultural imports
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - August 12, 2014