Rising raw material costs such as wheat and energy have not crimped sales growth for Illinois-based Sara Lee Corporation which has notched a 10.3 per cent jump in fiscal 2008, with its international bakery division growing strongly.
Kraft Foods will drive down costs by $1bn (€732m), rejig its global
portfolio, and exploit its sales capabilities, in a bid to make the
company more profitable, the company's top executive stated at a
conference this week.
The demand for newer, flashier packaging, especially for
foodstuffs, has spurred the demand for the services of contract
packagers, said Frost & Sullivan in a new analysis of the North
Rock-Tenn has completed the acquisition of the assets of Gulf
States' Paperboard and Packaging, including 11 folding carton
plants that primarily serve the food packaging, food service and
pharmaceutical and health and beauty...