Milling & Baking News - August 14, 2007 - 45

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cording to an official with the
U.S. Embassy in Mexico City.

1997
Four-S Baking Co., formerly
Good Stuff Food Co., has
signed a definitive agreement
with Interstate Bakeries Corp.
to purchase the Weber white
pan bread trademark in the
San Diego and Los Angeles
markets.

Lansing Grain Co., Lansing,
Mich., has opened a new
trading office in Minneapolis
and has named Michael R.
Lemke vice-president, Minneapolis region.

Frederic H. (Fritz) Corrigan,
chairman and chief executive
officer of Peavey Co., will retire Jan. 1, 1978, and William
G. Stocks, currently president
and chief operating officer, will
succeed Mr. Corrigan as c.e.o.

Earnings of Cargill in the fiscal year ended May 31 totaled
$814 million, down 10% from
the record $902 million in the
1996 fiscal year, but still the
second-best performance in
the company's history.
In his first use of the new
line-item veto, President Bill
Clinton eliminated a plan that
would have exempted some
agribusiness companies from
having to pay capital gains
taxes on the sale of certain assets to farmers' cooperatives.
A decision by Barilla Alimentare S.p.A., Italy's largest pasta
maker, to build a pasta plant
and durum mill in the United
States was strongly influenced
by anti-dumping tariffs imposed on imported pasta, said
Barry G. Botelho, president of
Barilla America, Inc.
The sale of what had been
thought to be the least-attractive of Mexico's main railroad
lines is being reconsidered by
the government because of a
section that has been identified as a potential major link
between ports on the Gulf of
Mexico and Pacific Ocean, ac-

Growth strategies in the grain
milled products business of
ConAgra, Inc. include an
expansion of flour milling
capacity, a larger role in domestic grain merchandising
and expansion in the bakery
distribution business, according to the company's 1977
annual report.

and Francis J. O'Connell have
been elected vice-presidents
of Arnold Bakers/Oroweat
Foods, it was announced by
Robert P. Kirby, president.

Bloomquist

O'Connell

1937
Thomas Francis Hogan, president of the Hogan Milling
Co. and one of the leading
citizens of Junction City, Kas.,
died suddenly of a heart attack Aug. 12. He was 68.

A 4-year-old Florida girl recently
was chosen to be the new "Mikey"
for the Quaker Oats Co.'s Life cereal. Marli Brianna Hughes, left,
was chosen from more than
35,000 entrants. She is shown
with the old Mikey, John Gilchrist.

1977
Creation of a new office of
the chairman responsible for
management of the worldwide activities of Cargill was
announced Aug. 9. Comprising the new office are Whitney MacMillan, newly named
chairman who continues as
chief executive officer; M.D.
(Pete) McVay, newly named
president; and H. Robert Diercks, who continues as vicechairman of the company.

Corrigan

Stocks

A survey of selected supermarket chains across the nation shows high fiber bread
varieties have passed more
than a year 's test of time to
move from the category of
"fad" food into the area of an
accepted grocery product.
William Baar, Frederick
Breines, Carl A. Bloomquist

Baar

Breines

Fire, caused by lightning during a severe storm, destroyed
the 350-bbl flour mill of the
Mauser Mill Co. at Laurys,
Pa., Aug. 12. The mill was 65
years old.
That new crop and price control legislation for the agricultural industry will be enacted during the fall became
more and more probable
following the adjournment
of the first session of the Seventy-fifth Congress.
Russia is not inclined to press
wheat vigorously for export,
according to current market
reports, and may even halt
exports in the event the Japanese war on China assumes
more alarming proportions. MBN

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