Food manufacturing industry news round-up
PepsiCo’s start-up business competition, Tulip signing up to a scheme to tackle modern day slavery and a new acrylamide testing lab all feature in this round-up of recent food and drink industry news.
Archives for August 3, 2018
Investor cashes in on Meadow Foods growth
Sales growth at Meadow Foods has led to finance group Exponent investing in the dairy processor in a deal that entails buying key investor Paine Schwartz’s full shareholding.
Lime cordial shortage caused by factory fire
A shortage of Rose’s Lime Juice Cordial was sparked by a fire at the factory that produces the beverage, according to manufacturer Coca-Cola.
Aulds safeguards 200 factory jobs after retail liquidation
Scottish baker Aulds has safeguarded 200 jobs at its two manufacturing sites after placing its retail business into liquidation as part of a group turnaround plan.
Quorn supplier breaks £200m sales in full-year results
Export growth has helped Marlow Foods, which trades as Quorn and Cauldron Foods, pass £200m in sales last year, with markets in the US, Nordics, Australia and Germany boosting numbers.
News In Brief
Suffolk police arrest suspected illegal gangmaster
A man supplying food processing staff has been arrested on suspicion of modern slavery and gangmaster offences.
Migrant workers turned off by ‘plummeting pound’
British crops will be left to rot in fields as the “plummeting pound” turns seasonal migrant workers away from the UK, according to food distribution experts.