Mars, Inc. announced a merger agreement with Chicago-based Wm. Wrigley Jr. Company in a transaction valued at approximately $23 billion. Under the terms of the agreement, Wrigley will become a separate and standalone subsidiary of Mars.
With the US and South Korea now exploring a possible free trade agreement, Cal Dooley, president and CEO of the Food Products Association, says a deal between the two countries could be beneficial to the food industry.
Thirteen workers were killed and more than 60 seriously injured in a catastrophic dust explosion at Imperial Sugar in Port Wentworth, GA on February 7, 2008.
Barilla’s new pasta plant in Avon, NY won Food Engineering’s Plant of the Year award and was honored at FE’s Food Automation & Manufacturing Conference and Expo 2008 in Clearwater Beach, FL.