Milling & Baking News - December 7, 2004 - (Page 1)

Theinewsweeklyiofigrain-basedifoods LATE NEWS ST. LOUIS - Paul Twohig late last week resigned as executive vicepresident and chief operating officer at Panera Bread Co. He oversaw company and franchise operations, including store development, training and implementation of systems. Three other Panera Bread executives immediately will assume Mr. Twohig's responsibilities. They are John Maguire, senior vice-president, chief company and joint venture operations officer; Mike Kupstas, senior vice-president and chief franchise officer; and Continued on Page 8 Paul Twohig, Panera c.o.o., steps down Cereal Partners to make Nestle cereal at new plant in China TIANJIN, CHINA - Cereal Partners Worldwide, a 50-50 joint venture between Switzerland-based Nestle S.A. and Minneapolis-based General Mills, Inc., last week opened its first Chinese manufacturing unit in Tianjin, according to China Daily. The new plant is expected to produce more than 7,700 lbs of Nestle-branded breakfast cereal per year. C.P.W. has invested more than 85 million yuan ($10.2 million) in the facility, the company said. "We are continually researching and developing the worldwide breakfast cereal market and a major factor in our rapid growth has come from the successful Continued on Page 16 DECEMBER 7, 2004 / Bush nominates Mike Johanns as next Secretary of Agriculture WASHINGTON - President George W. Bush on Dec. 2 announced he will nominate Governor Mike Johanns of Nebraska as the nation's 28th Secretary of Agriculture. If confirmed by the Senate, Mr. Johanns will succeed Ann M. Veneman as head of the U.S. Department of Agriculture. Ms. Veneman, the first woman to hold that post, resigned after earlier suggesting she wanted to stay. Mr. Johanns, 54, was elected governor of Nebraska in 1998. In 2002, he became the first Republican to be re-elected governor of Nebraska since 1956. His decision to accept the Secretary of Agriculture post ends speculation that he would run for the U.S. Senate in 2006. In making his selection of Mr. Johanns, President Bush called the governor "an experienced public servant from America's agricultural heartland." "As a son of Iowa dairy farmers, he grew up close to the land," President Bush said. "He will bring to this position a lifetime of involvement in agriculture, and a long record of a faithful friend to America's farmers and ranchers. He will lead an important agency with the executive skill he has learned as mayor and as a two-term governor of Nebraska. "I've known Mike for a number of years, going back to my own service as a governor. I know firsthand his deep commitment to a strong farm economy. He's been a leader on drouth relief in Nebraska Continued on Page 30 'Realistic visionary' from Kellogg may stand out in Washington WASHINGTON - If Washington has a reputation as a city filled with people who struggle facing reality, President George W. Bush may have found a perfect antidote in the individual he has selected to serve as Secretary of Commerce. As previously reported, Mr. Bush on Nov. 29 named Carlos M. Gutierrez, chairman and chief executive officer of Kellogg PASTA industry Co., as his nominee to head the Commerce Department (see Milling & Baking News of Nov. 30, Page 8). Announcing the nomination, Mr. Bush called Mr. Gutierrez a "visionary leader" and "one of America's most respected business leaders." While the term "visionary" may be Continued on Page 9 perspective PASTA industry perspective A Quest for Story on Page 23 inside THIS WEEK Ingredient Rally in monthly wheat prices Lawsuit filed over Splenda claims 10 General Mills helps holiday bakers 20 40 Week 31

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Milling & Baking News - December 7, 2004