Potato News

September 28, 2007

McDonald's stock inches lower following downgrade

McDonald's Corp. shares dipped lower Thursday after Moody's Investors Service downgraded its ratings, citing the fast-food chain's adoption of a more aggressive financial strategy. Shares fell 24 cents to $54.56 in Thursday trading.
September 28, 2007

Idaho Potato Commission adds fresh talent to its retail food team

The Idaho Potato Commission welcomes Kent Beesley as Retail Promotions Director/West. Beesley will be responsible for educating retailers on how Idaho Potatoes can help boost profits in the potato category in grocery stores and other venues where potat...
September 28, 2007

India's 'retail revolution' sours for Reliance

Indian giant Reliance Industries has frozen plans to bring a Western-style "retail revolution"to the nation's biggest state amid bitter opposition from small traders, an official said Wednesday. Reliance has suspended retail operations and ...
September 28, 2007

Wholegrain first for Walkers

Staff at the Walkers factory in Coventry have helped launch the firm's first wholegrain snack, SunBites. Sunbites are manufactured exclusively at the Coventry site. Walkers has invested more than £13 million in the research and development of SunBites.
 Heat and Control's Mastermatic batch fryer is suitable for kettle chips production
September 27, 2007

Heat and Control has released Mastermatic batch fryers

Heat and Control has released a heavy-duty fryer allowing for the high-volume production of nuts, snacks and other foods.Heat and Control's Mastermatic Batch Fryers come in sizes that will produce between 600 and 800 finished pounds of product per hour...
September 27, 2007

Moody's: McDonald's ratings cut to 'A3'

Moody's Investors Service said it cut McDonald's senior unsecured notes and debt ratings to 'A3' from 'A2', citing higher debt levels which will be required to support the fast food giant's shareholder initiatives.
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September 27, 2007

Conagra announces dividend increase and share repurchase

Today the board of directors of ConAgra Foods, Inc., (NYSE:CAG) announced two items related to the company's capital allocation program: The quarterly dividend has been raised to $0.19 per common share. This new rate will start with the Dec. 3, 2007...
September 27, 2007

US Authorities divided over popcorn lung regulations

A proposed bill that calls for emergency regulatory action to protect workers from diacetyl, a chemical linked to lung disease, has met with resistance from the Bush administration.The bill, submitted to the House of Representatives, would require the ...
Arby's to open 35 new restaurants in the US
September 27, 2007

Arby's to open 35 new restaurants in the US

Arby's Restaurant Group Inc. has inked development deals to open 35 new Arby's restaurants across the nation. The Atlanta-based franchiser of the Arby's restaurant system said the agreements include four new and 13 existing franchisees to develop Ar...
September 27, 2007

UK blight breaks record: 301 confirmed outbreaks

This season’s combined Fight Against Blight (FAB) and Blightwatch service has revealed unprecedented disease levels, says to the British Potato Council (BPC). There have been 301 outbreaks reported and confirmed as positive – more than twice the se...
September 27, 2007

Bankrupt salesman gives up fight with Walkers

 A snack salesman who made a living supplying pubs across Cambridgeshire says that he has been bankrupted by big business. Colin Freeman ran Packets wholesale from Breckenwood Road, Fulbourn, for 13 years, selling snacks to pubs, bars, sandwich shops a...
September 27, 2007

Lincolnshire's favorite chips flavours

This local UK newspaper held a vote on the readers favorite chips flavours:   Lincolnshire's favourite flavour of crisp is - cheese and onion. The distinctive tasting treat knocked salt and vinegar into second place and the everyman crisp variety, re...
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 Chipstirr
September 26, 2007

Heat and Control's Chip-Stirr simplifies industrial batch frying

An automated chip stirrer can help boost out put by up to 25 per cent, according to its manufacturer.Heat and Control claims its Chip-Stirr is an advance on automating the process of making chips, thus reducing labour and training costs while producing...
September 26, 2007

US potato export tops one billion

For the marketing year July 2006 - June 2007 (MY07), the United States Potato Board (USPB) reports total US potato exports were valued at a record $1,000,252,000. On a volume basis, total exports were 1,108,391 metric tons (MT). This represents an inc...
September 26, 2007

Potato farmers adapting to new food safety regulations

As potato farmers nationwide dig up and truck in this year's crop, they're being held for the first time to guidelines aimed at preventing a food safety scare similar to the deadly E. coli outbreak in spinach last year. Besides watching the weather a...
September 26, 2007

AUSVEG and PPAA sign MOU to strengthen the Australian potato industry’s

The Australian potato industry is set for increased success after AUSVEG and the Potato Processors Association of Australian (PPAA) formalised their commitment to working together for the betterment of the industry by signing a historic Memorandum of ...
September 26, 2007

Fast Food chains in Australia urged to reduce unhealthy fats

Fast food chains in Australia have cut down on the use of unhealthy trans fats amid threats of regulation, and have agreed to reduce saturated fats following pressure from health groups. Major chains including McDonald's, KFC, Hungry Jacks and Pizza ...
September 26, 2007

Report: Franchisee joins bidding for Wendy's

The owner of 134 Wendy's restaurants wants to make a bid for the third-largest hamburger chain with the help of two private-equity firms. David Karam, president of Cedar Enterprises, told The Columbus Dispatch for a story Wednesday that he and his par...

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