Potential buyers scrutinise struggling packaging firm
Food packaging firm Discovery Foils has already attracted interest from potential buyers, despite 69 redundancies at the firm after it entered administration earlier this month.
Archives for July 23, 2013
Premier results impress but debt fears remain: City
Three City analysts have welcomed Premier Foods’ six-month results but continued to worry about the food manufacturer’s growth prospects and debt burden.
Small meat firms ‘pressured’ to use longer shelf-life dates
Smaller manufacturers who produce ready-to-eat (RTE) products or packed meats should be helped to ensure they are not responsible for outbreaks of listeria, with one Food Standards Agency (FSA) official claiming some firms feel pressured to specify...
Faccenda: Dudley jobs unaffected by Telford plans
Poultry processor Faccenda Group claims investing £30M in additional production space at its site in Hortonwood Industrial Estate, Telford, has no implications for its Dudley operations, despite declared intentions to “integrate” them into Telford.
Nestlé turns to flower power at its UK factories
Food manufacturing giant Nestlé has pledged to plant wildflower meadows at all its 13 UK factories within two years and to encourage its Scottish dairy farmer suppliers to plan wild flowers on their land.
European sweetener demand boosts Tate & Lyle
European sweetener demand and ingredients volume growth lifted Tate & Lyle’s interim results, offsetting weak US figures, according to the multi-national ingredients processor.
Drinks firm ordered to pay £23k for life-threatening injury
A west country drinks firm has been ordered to pay nearly £23,000, after one of its bottling line workers needed life-saving surgery to treat a severed artery when his arm became caught in an unguarded machine.
Tesco recovers from horsemeat ‘body blow’: City
Britain’s biggest retailer Tesco has recovered from “the body blow” inflicted by the horsemeat crisis, while all the big four UK supermarkets were struggling to maintain their presence in “anaemic markets”, said city analyst Shore Capital.