News on Chips and Snacks from the Americas

July 29, 2010

ConAgra moves snacks HQ from Edina to Illinois

ConAgra Foods Inc. has moved the headquarters of its snacks segment from Edina to suburban Chicago, cutting 120 Twin Cities jobs in the process.

July 27, 2010

Inventure Foods Reports Q2 2010 Results

Inventure Foods, Inc. (Nasdaq: SNAK) today reported record financial results for the second quarter ending June 26, 2010, highlighted by the Company's tenth consecutive quarter of year-over-year earnings growth, basic EPS increase of 33%, EBITDA gain ...

July 26, 2010

Frito-Lay brings 'rural' to the big city

Lay's®, America's favorite potato chip and a leading brand from PepsiCo's Frito-Lay division, unveiled today a mobile greenhouse designed to bring a rural farm experience to the center of metropolitan areas across the country. The six-city "Lay's...

July 23, 2010

Law Firm Announces Investigation On Behalf of Shareholders of Lance, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Lance, Inc. (“Lance” or the Company) (NASDAQ:LNCE) related to the Company’s agreement to merge into a single company with Snyder’s of H...

July 23, 2010

Pepsico's Q2 results;Snack volume and sales developments by region

Pepsico released earlier this week the results for Q2. PotatoPro lists for you some exerpts related to the savory snack sector. PepsiCo Chairman and CEO Indra Nooyi on the Q2 results: "We posted a solid second quarter, exceeding our core consta...

July 23, 2010

Snack manufacturers Lance, Inc and Snyder's of Hanover announce merger

Lance, Inc. (Nasdaq: LNCE) and Snyder’s of Hanover, Inc. today announced they have signed a definitive agreement to combine in a stock-for-stock merger of equals that will create a combined company to be called Snyder’s-Lance, Inc.

July 22, 2010

Lance, Snyder's of Hanover Merge to Bolster Distribution of Salty Snacks

Lance Inc., the maker of Cape Cod potato chips and Stella D’oro cookies, agreed to merge with pretzel maker Snyder’s of Hanover Inc. to improve distribution of the companies’ snacks.Lance investors will receive a one-time dividend of $3.75 a share, the...

July 21, 2010

Diamond Foods Achieves Record Performance for Emerald, Pop Secret and Kettle Brands

Diamond Foods, Inc. (Nasdaq:DMND) today announced that each of its snack brands, Emerald, Pop Secret and Kettle, achieved record sales and market share milestones in the U.S. Grocery Channel for the period ending July 10th according to AC Nielsen. In S...

July 19, 2010

Kettle Brand TIAS! Six new natural tortilla chips SKU's

Diamond Foods, Inc. (Nasdaq:DMND) today announced that its Kettle Brand will launch a new product line of all natural tortilla chips called Kettle Brand TIAS!. The product line will be available in the leading natural food retailer beginning in August....

July 16, 2010

Shearer’s Foods starts second phase of plant expansion

Shearer’s Foods is ready to start the second phase of its Massillon expansion project.The snack maker has begun a 52,000-square-foot addition to its new facility on the 30-acre site at the Northeast Ohio Commerce Park. The $27 million investment includ...

Kettle Chips tested by Food blog Serious Eats

July 12, 2010

Kettle Chips brands tested by Serious Eats

The Food blog "Serious Eats"compared the taste of an impressive range of Kettle Chips Brands. All in all, 17 brands were tested, including the brands Utz, Herr's, Gibble's, Dirty, Wise, Boulder Canyon, Madhouse Munchies, Deep River Snacks, La...

July 08, 2010

Saratoga Potato Chips LLC sets up U.S. Headquarters in Fort Wayne, Indiana

Saratoga Potato Chips, LLC announced today that it will locate its U.S. headquarters here, creating up to 175 new jobs by 2013.The Canadian company, which produces retailer brand potato chips, kettle chips and popcorn, will invest $4.9 million to lease...

July 02, 2010

Foro: “Cadenas de valor en papa y organización de productores”

La Iniciativa Papa Andina organizó este foro en el último congreso de la ALAP, celebrado en Cusco, Perú, entre el 23-28 de mayo de 2010, buscando un espacio de reflexión y discusión para que empresas, investigadores y productores pudieran identificar l...

June 28, 2010

Frito-Lay introduces lower sodium Ruffles and Fritos

PepsiCo’s Frito-Lay North America business unit announced the introduction of two new Lightly Salted varieties of chips. Fritos Lightly Salted corn chips and Ruffles Lightly Salted potato chips join Lay’s Lightly Salted potato chips, which were launche...

June 27, 2010

Frito-Lay Breaks Ground for Topeka Plant Expansion

Frito-Lay North America (Plano, Texas) has broken ground for the addition of an automated storage and retrieval system (AS/RS) at the company's snack manufacturing plant in Topeka, Kansas. Dirt work has begun, and construction is expected to commence i...

June 24, 2010

Conagra Q4 net income drops;costs related to potato processing named as contributor

ConAgra Foods Inc. reported Thursday that its fourth-quarter net income fell 48 percent, dragged down by charges, a poor potato crop and an extra week in last year's fourth quarter. The company also forecast earnings for its current fiscal year at th...

June 21, 2010

Frito-Lay to expand in Killingly, CT, preserve 500 jobs

Governor M. Jodi Rell has announced that the state is providing a $3 million Urban Act grant to help snack chip maker Frito-Lay North America expand and improve its operations in Killingly, preserving more than 500 jobs.Frito-Lay evaluated a number of ...

June 21, 2010

Fake Doritos Coupons cost Frito-lay millions

The company that brought us the Frito Bandito is battling real-life bandits who are circulating fake Doritos coupons on the Internet, likely costing Frito-Lay millions of dollars. The phony coupons, which offer consumers a free bag of Doritos tortill...