Milling & Baking News - January 17, 2017 - 54

Archive X

X 2007

Susie Castillo, an announcer
on MTV and a past winner of
the Miss USA competition.

Rising tortilla prices in Mexico
have created political tension
there and put a spotlight on
rising ethanol demand and
its potential effects on food
prices. The highly charged
situation was changing rapidly, culminating with a cap on
tortilla prices declared Jan. 18.
Dover Industries Ltd. on
Jan. 15 said it has reached an
agreement with Dawn Food
Products (Canada) Ltd. to
purchase flour mills owned
by Dawn in Saskatoon and
Humboldt, Sask.
B&G Foods, Inc., a manufacturer and
distributor of
shelf stable
foods, announced it
has entered
an agreement
to acquire
the Cream of
Wheat and
Cream of Rice
hot cereal brands from Kraft
Food Global, Inc. for approximately $200 million.
Flowers Foods, Inc. has been
named the "best managed"
food company among the 400
best big companies in America by Forbes magazine.
Caravan Ingredients, a subsidiary of CSM Bakery Supplies North America, has
named Ron
Savelli president and chief
executive officer. He succeeds W. Ron
Ashton, who
Savelli
has left the
company to
pursue other interests.
Less than a month after
release, a public service announcement by the Grain
Foods Foundation has been
viewed by an audience approaching 3 million, an executive from the foundation's
public relations agency said.
The television spot features

President George W. Bush in
his State of the Union address
presented a three-pronged initiative he said would lead to a 20%
reduction of U.S. gasoline usage
by 2017. The president emphasized
the importance of vastly expanding
the nation's production of ethanol
and other alternative fuels.

X 1987
Russell J. Bragg, group vicepresident and
general manager of grain
merchandising
at The Pillsbury Co. since
1983, has been
Bragg
elected a corporate officer
by the board of directors.
APV Holdings P.L.C.,
Crawley, United Kingdom,
announced Jan. 16 it will
acquire Baker Perkins (Holdings) P.L.C., Peterborough,
U.K., creating one of the
world's largest manufacturers
of equipment for baking, food
and drink processing.

has completed acquisition of
the General Cocoa-Gerkens
Group and the stock of the
parent companies, General
Cocoa Co. Holland B.V. and
Genco Industry Holding B.V.
Ground will be broken Jan.
30 to start construction of
a $27 million to $28 million
semolina mill and pasta plant
at Excelsior Springs, near
Kansas City, for the American
Italian Pasta Co., a joint venture of Richard Thompson, a
Denver investor, and the Petrini Group of Milan, which
operates nine mills and pasta
plants in Italy.
Representative Dan Glickman
of Kansas has
been elected
chairman of
the Subcommittee on
Wheat, Soybeans and Feed
Glickman
Grains, succeeding Thomas S. Foley of Washington.
A federal grand jury in Milwaukee has indicted Marvin
F. Letow, 51, former vicepresident of the Bakery Division of the Kohl's Food Store
chain, charging him with
receiving $165,000, including cash and more than 120
checks, in improper payments
from eight baking companies
in Wisconsin, New York, New
Jersey, Arkansas and Illinois
who desired to obtain or retain business with Kohl's.

X1947

Pepperidge Farm, Inc. plans
to extend test marketing of its
Bountiful Breads line along the
East coast sometime during the
first quarter of the year, said Robert W. Kraft, marketing manager
of the Bakery Business unit.
In a major expansion of its
cocoa trading and processing operations, Cargill B.V.

54 / January 17, 2017 XMilling & Baking News

The milling industry publicity and advertising program,
the largest joint undertaking
in the history of American
milling, was made a reality
Jan. 16 by announcement at
the conclusion of a meeting
of the executive committee of
the Millers' National Federation that sufficient mill support has been pledged. The
program involves an outlay
of $1,250,000 a year ($22.5
million in 2017 dollars).
The Wheat Flour Institute

monthly, "Institute Ideas,"
calls attention to the fact that
Feb. 1 will mark the sixth
birthday of flour enrichment.
An extremely effective page
advertisement of General
Mills, Inc. with an illustration of a partly eaten slice
of bread appears on Page
54 of the Jan. 20 issue of Life
magazine under the heading
of "Why Do the Hungry Ask
First for Bread?"
Announcement was made that
the Weston Biscuit Co., with
headquarters at Passaic, N.J.,
has purchased the wartime
auxiliary plant of the Lockheed Aircraft Corp., at Burbank, Calif., and is to convert
the facility immediately into a
cracker and biscuit plant.
Four new vice-presidents
have been elected by the
board of directors of General
Mills, Inc.: Raymond L. Brang,
Eugene W. Burgess, H.S. Crosby and Charles H. Bell.

Brang

Burgess

Crosby

Bell

Discussing the price situation
for agriculture, the Cargill Crop
Bulletin issued Jan. 23 by Cargill, Inc., stated that a downward adjustment is indicated
on 1947 crops, but added that
farm income for the year is still
expected to be well above that
of prosperous pre-war years.
Former President Herbert
Hoover has accepted an assignment from President Truman to undertake a survey
of food problems in the joint
United States-British zones
of occupied Germany and
Austria. MBN
bakingbusiness.com / world-grain.com
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Milling & Baking News - January 17, 2017

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