Milling & Baking News - October 10, 2017 - 1

THE NEWS WEEKLY OF GRAIN-BASED FOODS
OCTOBER 10, 2017

bakingbusiness.com / foodbusinessnews.net

Hurricane Harvey, CSX
problems dominate
transportation picture
Story on Page 20

LATE NEWS

Kellogg to acquire
protein bar maker
BATTLE CREEK, MICH. - The Kellogg Co. has entered into an agreement to acquire Chicago Bar Co.,
L.L.C., maker of RXBAR clean label
protein bars, for $600 million. "Adding a pioneer in clean label, high-protein snacking to our portfolio bolsters
our already strong wholesome snacks
offering," said Steve Cahillane, chief
executive officer of Kellogg. "RXBAR
is an excellent strategic fit for Kellogg as we pivot to growth. With its
strong millennial consumption and
diversified channel presence including e-commerce, RXBAR is perfectly
positioned to perform well against
future food trends." With six or fewer
Continued on Page 8

Management headcount to be cut
15%
in Flowers Foods restructuring
THOMASVILLE, GA. - Flowers Foods,
Inc. will sustain charges of at least $27
million in the company's third fiscal
quarter in connection with its voluntary
separation incentive program (VSIP),
said R. Steve Kinsey, chief financial officer and chief administrative officer.
In a Sept. 27 presentation to investment analysts at the New York Stock
Exchange, Allen L. Shiver, president and
chief executive officer, and Mr. Kinsey
painted the most complete picture yet
of how Flowers Foods will look after a
major corporate restructuring. In addition to the reduced management roles,
Mr. Kinsey noted investments the company was making in strengthening its
information technology and marketing
capabilities.
Mr. Shiver said the company is poised
to reduce costs, invest in core brands
and capitalize on strategic growth opportunities.
"The category is evolving, and we intend to evolve right along with it," he
said. "With Project Centennial, we are

FLOWERS FOODS, INC.

TRANSPORTATION AND DISTRIBUTION

focused on driving growth in our core
business, capitalizing on adjacencies,
reducing costs, and making strategic investments to improve margins and profitably grow the top line over time."
He described Project Centennial as
a company-wide program aimed at
streamlining operations, optimizing efficiency and investing in strategic opportunities.
"This is a management-driven initiative that has 100% support from our
board," he said. "Very important. This
is our leadership team driving Project
Continued on Page 11

Ardent Mills operating again in
San Juan in challenging conditions
DENVER - Extraordinary efforts are
continuing at Molinos de Puerto Rico,
LLC to maintain operations at the mill
in San Juan, Puerto Rico, which is part
of Ardent Mills network of mills, ensure customers are supplied and assist employees affected by the catastrophic storm, said Bill Stoufer, chief
operating officer.
In an Oct. 5 interview with Milling

& Baking News, Mr. Stoufer expressed
pride in what the company has accomplished over the past fortnight in very
difficult circumstances after Hurricane
Maria struck the Caribbean island on
Sept. 20 with devastating force.
"We have an immense obligation to
provide food ingredients to the people
of this island, and that's what we're
focused on," Mr. Stoufer said. "It's our
moral responsibility."
Ardent Mills supplies a significant
portion of the grain-based food ingredients on Puerto Rico. The complex includes a corn mill and rice mill, in addition to the flour mill with 10,000 cwts of
daily milling capacity.
"We are running all three units on
Continued on Page 10


http://www.bakingbusiness.com http://www.foodbusinessnews.net

Table of Contents for the Digital Edition of Milling & Baking News - October 10, 2017

Milling & Baking News - October 10, 2017
BUSINESS -- Management headcount to be cut 15% in Flowers Foods restructuring
BUSINESS -- Ardent Mills operating again in San Juan in challenging conditions
LATE NEWS -- Kellogg to acquire protein bar maker
NEWS COMMENT -- Impressive industry response to devastating hurricanes
EDITORIAL -- Automation's past success in milling
LATE NEWS -- Snacks boost PepsiCo third-quarter results
LATE NEWS -- Baker removing ‘Love’ from ingredient panel
LATE NEWS -- F.A.O. index up nearly 1% from August
LATE NEWS -- Bimbo building distribution hub in N.J.
BUSINESS -- Cargill expands grain marketing contract options in Canada
BUSINESS -- Private equity firm acquires DecoPac; McGlynn to non-executive role
BUSINESS -- Bridor Bistro pastries now made with cage-free eggs
BUSINESS -- Hostess acquisition prospects seen as ‘somewhat limited’
BUSINESS -- IFIC campaign seeks to tackle myths of modern food processing
BUSINESS -- Private equity firm to acquire Texas-based Parker Products
BUSINESS -- Flowers deeper into snacking with Tastykake Kake Chips introduction
BUSINESS -- Post, General Mills in battle over merchandising system
BUSINESS -- Bob’s Red Mill oatmeal cup line expanding with organic options
TRANSPORTATION AND DISTRIBUTION -- Hurricane Harvey, CSX problems dominate transportation picture
PEOPLE -- Two new c’s: Flowers hires chief marketing, information offi cers
PEOPLE -- Jeff Dearduff to lead baking and snack services at Austin Co.
PEOPLE -- Donna Josephson to Corner Bakery Cafe as chief marketing offi cer
PEOPLE -- Siemer Milling promotes Wallace to vice-president, customer service
FINANCIAL RESULTS -- Cargill earnings, revenues rise in quarter behind food ingredients, animal protein
FINANCIAL RESULTS -- Aryzta North America EBITDA and revenues decline in fi scal 20 17
MERCHANDISING -- Quaker, James Beard Foundation in effort to combat food waste
INTERNATIONAL -- Effort to reduce world hunger s uffers troubling setback in 2016
WASHINGTON -- F.D.A. proposes extension for Nutrition Facts Panel compliance
WASHINGTON -- A.B.A. supports bill harmonizing term ‘employee’ with common law
WASHINGTON -- U.S. Department of Agriculture-led team develops soft durum wheat
INGREDIENT MARKET TRENDS -- Sept. 1 wheat stocks larger than expected
INGREDIENT WEEK
SUPPLIER INNOVATIONS
CLASSIFIEDS
MARKETPLACE BUSINESS NETWORK
AD INDEX
ARCHIVE
Milling & Baking News - October 10, 2017 - LATE NEWS -- Kellogg to acquire protein bar maker
Milling & Baking News - October 10, 2017 - 2
Milling & Baking News - October 10, 2017 - 3
Milling & Baking News - October 10, 2017 - NEWS COMMENT -- Impressive industry response to devastating hurricanes
Milling & Baking News - October 10, 2017 - 5
Milling & Baking News - October 10, 2017 - 6
Milling & Baking News - October 10, 2017 - EDITORIAL -- Automation's past success in milling
Milling & Baking News - October 10, 2017 - LATE NEWS -- Bimbo building distribution hub in N.J.
Milling & Baking News - October 10, 2017 - 9
Milling & Baking News - October 10, 2017 - 10
Milling & Baking News - October 10, 2017 - 11
Milling & Baking News - October 10, 2017 - 12
Milling & Baking News - October 10, 2017 - 13
Milling & Baking News - October 10, 2017 - BUSINESS -- Bridor Bistro pastries now made with cage-free eggs
Milling & Baking News - October 10, 2017 - 15
Milling & Baking News - October 10, 2017 - BUSINESS -- Hostess acquisition prospects seen as ‘somewhat limited’
Milling & Baking News - October 10, 2017 - BUSINESS -- Flowers deeper into snacking with Tastykake Kake Chips introduction
Milling & Baking News - October 10, 2017 - BUSINESS -- Bob’s Red Mill oatmeal cup line expanding with organic options
Milling & Baking News - October 10, 2017 - 19
Milling & Baking News - October 10, 2017 - TRANSPORTATION AND DISTRIBUTION -- Hurricane Harvey, CSX problems dominate transportation picture
Milling & Baking News - October 10, 2017 - 21
Milling & Baking News - October 10, 2017 - 22
Milling & Baking News - October 10, 2017 - 23
Milling & Baking News - October 10, 2017 - PEOPLE -- Siemer Milling promotes Wallace to vice-president, customer service
Milling & Baking News - October 10, 2017 - 25
Milling & Baking News - October 10, 2017 - FINANCIAL RESULTS -- Aryzta North America EBITDA and revenues decline in fi scal 20 17
Milling & Baking News - October 10, 2017 - MERCHANDISING -- Quaker, James Beard Foundation in effort to combat food waste
Milling & Baking News - October 10, 2017 - INTERNATIONAL -- Effort to reduce world hunger s uffers troubling setback in 2016
Milling & Baking News - October 10, 2017 - WASHINGTON -- F.D.A. proposes extension for Nutrition Facts Panel compliance
Milling & Baking News - October 10, 2017 - WASHINGTON -- U.S. Department of Agriculture-led team develops soft durum wheat
Milling & Baking News - October 10, 2017 - INGREDIENT MARKET TRENDS -- Sept. 1 wheat stocks larger than expected
Milling & Baking News - October 10, 2017 - INGREDIENT WEEK
Milling & Baking News - October 10, 2017 - 33
Milling & Baking News - October 10, 2017 - 34
Milling & Baking News - October 10, 2017 - 35
Milling & Baking News - October 10, 2017 - 36
Milling & Baking News - October 10, 2017 - 37
Milling & Baking News - October 10, 2017 - 38
Milling & Baking News - October 10, 2017 - 39
Milling & Baking News - October 10, 2017 - 40
Milling & Baking News - October 10, 2017 - SUPPLIER INNOVATIONS
Milling & Baking News - October 10, 2017 - CLASSIFIEDS
Milling & Baking News - October 10, 2017 - MARKETPLACE BUSINESS NETWORK
Milling & Baking News - October 10, 2017 - 44
Milling & Baking News - October 10, 2017 - AD INDEX
Milling & Baking News - October 10, 2017 - ARCHIVE
Milling & Baking News - October 10, 2017 - 47
Milling & Baking News - October 10, 2017 - 48
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