Potato News from Illinois

May 10, 2015

McDonald's Announces Initial Steps In Turnaround Plan

McDonald's President and Chief Executive Officer Steve Easterbrook recently announced the initial steps of the Company's turnaround plan

April 27, 2015

Paqui Brand (Tortilla Chips) acquired by SkinnyPop

SkinnyPop Popcorn LLC recently announced that it has acquired the Paqui brand of “better-for-you” tortilla chips and tortillas and that Paqui will immediately become a sibling brand to SkinnyPop in the better-for-you family of snack food brands.

McDonald's sign (Courtesy McDonald's Corporation)

April 24, 2015

Mcdonald's announces turnaround plan as it reports sales declines

McDonald’s announces to unwrap a plan next month that it says will help turn around sales declines around the world.

March 13, 2015

Bunge purchases snack pellet manufacturer Heartland Harvest

Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased the assets of Heartland Harvest, Inc., a North American leader in the production of die cut pellets used to make extruded foods.

March 11, 2015

Ingredion Completes Acquisition of Penford Corporation

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that it has successfully completed the acquisition of Penford Corporation, a U.S.-based leader in specialty ingredients for food and non-food applications.

February 10, 2015

McDonalds global comparable sales down 1.8% in January

McDonald's Corporation today announced that global comparable sales decreased 1.8% in January, mainly due to a 12.6% drop in comparable sales in Asia/Pacific, Middle East and Africa (APMEA).

February 09, 2015

International Flavors & Fragrances Inc (IFF) opens a new flavor facility near Chicago

International Flavors & Fragrances Inc., a leading global creator of flavors and fragrances for consumer products, has announced the opening of a new flavors facility in the U.S. near Chicago, Illinois.

January 28, 2015

Steve Easterbrook appointed President and CEO Mcdonald's

The Board of Directors of McDonald's Corporation today announced that Don Thompson will retire as President and Chief Executive Officer and as a member of the Board of Directors after nearly 25 years of service to the company, effective March 1. The Board has elected Steve Easterbrook to replace Thompson as President and CEO.

December 08, 2014

McDonalds Global Comparable Sales For November Down

McDonald's Corporation today announced that global comparable sales decreased 2.2% in November.

JBT Investor Presentation November 2014, slide 18: Significant Opportunity to Build Out Protein Processing & Liquid Food Offerings

December 01, 2014

JBT Corporation Acquires Wolf-tec, Inc., a Leading Protein Processing Equipment Company

JBT Corporation, a global technology solutions provider to the food processing and air transportation industries, announced today it has purchased the assets of Wolf-tec, Inc.

November 07, 2014

Heat and Control unwraps new equipment at Pack Expo

At the Pack Expo that concluded last week, Heat and Control unveiled a number of new machines.

October 23, 2014

Snack Food Association partners with the Pack Expo

The Snack Food Association (SFA) will participate in the PACK EXPO Partner Program November 2-5, 2014 at McCormick Place in Chicago, SFA President & CEO Tom Dempsey announced.

October 15, 2014

Ingredion to acquire Penford to expand specialty ingredient portfolio

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that it has entered into a definitive agreement to acquire Penford Corporation (NASDAQ: PENX), a U.S.-based leader in specialty ingredients for food and non-food applications.

October 09, 2014

ADM completes acquisition of WILD Flavors

Archer Daniels Midland Company (NYSE: ADM) announced on October 1, 2014 that it has completed the acquisition of WILD Flavors GmbH.

October 05, 2014

PROCESS EXPO 2015 Hits Key Sales Milestone

The Food Processing Suppliers Association (FPSA) announced today that it has now surpassed 200,000 net square feet in exhibit sales for the 2015 PROCESS EXPO trade show. The show is scheduled to take place September 15-18, 2015 at Chicago’s McCormick Place.

Apple Pay coming to McDonald's United States in October

September 09, 2014

McDonald's announces Apple Pay is coming to all US restaurants

McDonald’s Corporation today announced it will accept Apple Pay in all of its U.S. restaurants following today’s launch of the mobile payments service.

The poor performance occurred during the company’s global sponsorship of the World Cup.

August 11, 2014

McDonalds reports worst monthly results in more than a decade

McDonald’s Corp. reported Friday its worst monthly same-store sales results in more than 10 years as it continues to be hammered by supplier woes in China and consumer malaise at home.

July 22, 2014

McDonald's reports higher revenue and earnings per share for Q2

McDonald's Corporation today announced results for the second quarter ended June 30, 2014, reflecting higher revenues and earnings per share for the quarter.