Milling & Baking News - January 24, 2023 - 54

TUES | 01 24 2023
2013 MBN
Under a purchase agreement announced
Jan. 30, HB Holdings LLC would pay $410
million for the Hostess and Dolly Madison
snack cake business.
Hostess Brands, Inc. on Jan. 28 said it
has selected McKee
Foods Corp., Collegedale,
Tenn., as the
stalking horse bidder
for the Drake's snack
cake business of
Hostess.
Barely two months after the rejection
by California voters of proposition
37, which would have required the
labeling of bioengineered foods in the
nation's most populous state, labeling
proponents pointed to initiatives and
legislation in other states that
ensured the issue will remain
alive and contentious in 2013.
Ronald D. Danko Sr., who spent
most of his career running baking
operations for Wegman Food
1993 MBN
The Bush administration's move to
expand the use of ethanol in the Clean
Air Act's reformulated gasoline program
was rescinded this week by the Clinton
administration.
Four months after shelving a plan to spin
off Continental Baking Co., the board
of directors of Ralston Purina Co. has
approved a targeted stock program that
would create a new class of Continental
Baking stock.
Columbia Yeast, Inc., Headland, Ala., and
SAF Products Corp., Minneapolis, have
formed a baker's yeast production and
marketing partnership.
Culinar, Inc. is putting its Canadian grocery
division up for sale in order to concetrate
on its North American
baking operations, including
Wayne, NJ-based Drake Bakeries,
Inc.
Thomas M. Garvin, president
and chief executive officer of
Keebler Company for 15 years,
last week was forced to resign.
He is succeeded by Brian
Weaver
1923 SWM
The 400-bbl mill of the York Milling &
Grain Co., York, Neb., will be sold at a
sheriff's sale on Feb. 20.
Word from Pocatello, Idaho, is that a deal
is now pending involving the sale of the
Pocatello Milling & Elevator Co.'s
plant to the Pocatello Flour Mills
Co.
The annual convention of the
Nebraska Mills' Association in
Omaha was an enthusiastic gathering.
About 50 millers were present.
R.S. Dickinson of the Nebraska
Consolidated Mills Co. was elected
president of the association.
54 MILLING & BAKING NEWS
The failure of 200 of the 243 farmers'
buying and selling associations that have
ceased to function since 1913 was due in
part to insufficient business, according to
a survey made public by the Department
of Agriculture.
Another large bakery merger has been
consummated, including three of the
plants controlled by W.E. Long, of W. E.
Long Co.; three plants controlled by C.N.
Power of Denver and Pueblo, Colo.; the
plant of the Jay Burns Baking Co., Omaha;
and the business of the Akron Baking
Co., Akron, Ohio. The name of the new
organization is Standard Bakeries
Corp. Buying headquarters of the organization
will be in Chicago.
Dickinson
Burrus
J. Perry Burrus, an adopted son who was
brought to Texas when three years old,
shows the influence of the vastness of his
adopted state. He is one of the largest millers
of Texas and of the United States. MBN
bakingbusiness.com
Chadbourne, who had been managing
director of McVitie's Group.
In the second major expansion since it
was formed in 1990, CooperSmith, Inc.
last week acquired American
Bread Co.
ConAgra Grain Processing
Companies, part of
ConAgra, Inc., Omaha,
named Glen Weaver
director of new product
marketing at division
headquarters.
Markets, died Jan. 22 in Rochester, NY. He
was 75.
The North
American
Millers'
Association
announced Jan.
28 the resignation
of Mary
K. Waters of
as president of
NAMA.
Waters
http://www.bakingbusiness.com
Milling & Baking News - January 24, 2023

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