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AG Net Lease completes
transaction with Friendly’s 

Angelo, Gordon & Co’s dedicated Net Lease Group (AG Net Lease) has completed a net lease transaction with Friendly Ice Cream Corp whereby AG Net Lease acquired the land and building in which the ice cream company operates and leases its mid-Atlantic regional distribution center for $6.4 million....

Covenant parent
gets new identity 

Covenant Transport Inc's stockholders approved an amendment to the company's articles of incorporation that will change the name of the parent corporation to Covenant Transportation Group Inc. ...

Temperature-monitoring
labels to keep tabs
on Albertson’s cargo  

Albertson's LLC will require temperature-monitoring devices on all inbound produce, fresh meat, and seafood shipments to its distribution centers...

Eimskip chooses Manhattan as standard 

Manhattan Associates Inc announced that Eimskip, the Iceland-based maritime transportation provider and operator of cold storage facilities, has chosen to standardize its operations with Manhattan’s global supply chain system...

Yum Brands expands tomato agreement 

Yum Brands Inc has enhanced its tomato agreement with the Coalition of Immokalee Workers, a Florida farmworker group, to include all its restaurant chains...

Diversified to invest
in Nebraska operation 

Madisonville LA-based Diversified Foods and Seasonings Inc intends to begin investing about $4 million in improvements and equipment at a Nebraska City NE plant in September....

Inventure Group acquires
Rader Farms operation 

The Inventure Group Inc has acquired virtually all of the assets of Rader Farms Inc for about $21 million in cash....

Groupe Danone bolsters
Chilean dairy presence 

Groupe Danone has signed an agreement with Vialat to acquire 70% of its fresh dairy activity in Chile. Vialat, owned by the Bethia Group, will retain 30% of the business. ...

Hybrid TRU demonstration
project receives funding 

Shurepower LLC has been awarded a cost-shared contract by the New York State Energy Research and Development Authority (NYSERDA) to finance a demonstration project of Carrier Transicold’s Deltek hybrid diesel-electric trailer refrigeration unit (TRU) technology....

Armored truck delivers Bayou Gold to Chef Paul as shrimp season opens 

Louisiana’s 2007 shrimp season is open. As shrimpers hauled in the first catch of the season, the Louisiana Seafood Promotion & Marketing Board (LSPMB) scooped it up for direct delivery to New Orleans French Quarter chefs....

Preferred Freezer leases
property to build facility 

Swiss North American Properties (SNAP) has sold an 11.5-acre site in Elizabeth NJ to Lucky Bear LLC for $8.75 million. A new cold-storage facility will be constructed on the property. ...

Winn-Dixie’s fiscal results
reflect its comeback 

Winn-Dixie Stores Inc continues to progress in implementing its turnaround plan. The Jacksonville FL-based supermarket chain announced financial results for the 12- and 40-week periods ended April 4, 2007,...

MBM Foodservice
to expand operations 

Rocky Mount NC-based MBM Foodservice plans to expand its Macon GA distribution center...

Kahala, Cold Stone Creamery merge 

Kahala Corp, a franchiser, developer, and marketer of quick-service restaurants, and Cold Stone Creamery have merged to form a new company...

At Everett Culinary Campus, soup’s on 

Campbell Soup Co and StockPot Inc officially dedicated the company’s new 220,000-square-foot Everett (WA) Culinary Campus, which will produce StockPot’s line of fresh, refrigerated soups and chili...

SunOpta grows strawberry
supply with acquisition 

SunOpta recently acquired certain assets of Mexico-based Baja California Congelados (BCC). The transaction should add $14 million in annual revenue and more than 20 million pounds of strawberries to the natural food group’s supply chain ...

Moyes completes acquisition of Swift 

Jerry Moyes announced that Saint Corp, a business formed by him and certain related parties, has successfully completed the acquisition of Swift Transportation Co Inc....

Global Cold Chain Alliance
forms to unify an industry 

The Global Cold Chain Alliance has been formed to bring together partners to facilitate communication, networking, and education for the perishable food industry....

PFG performs profitably
in 2007's first quarter 

Net earnings for Performance Food Group in the 2007 first quarter totaled about $6.9 million, an increase of 21% compared with the same quarter the year before. ...

Sargento Foods plans
to buy Portionables 

Plymouth WI-based cheese manufacturer Sargento Foods Inc plans to acquire Portionables Inc, a Bellingham WA-based food producer. Terms of this transaction were not provided...

Dean Foods’ first quarter proves profitable 

Dean Foods Co’s net income from continuing operations for the 2007 first quarter totaled $63.2 million, compared with $54.7 million in the 2006 first quarter....

Smithfield completes merger with PSF 

Smithfield Foods Inc has completed the acquisition of Premium Standard Farms Inc (PSF). Under terms of the merger, each PSF share has been converted into 0.678 Smithfield shares plus $1.25 in cash...

SunOpta will market Yumberry juice 

SunOpta Inc announced that the SunOpta Fruit Group has entered into an exclusive supply agreement with Zhejiang Yumberry Juice Co Ltd to market Yumberry juice concentrate...

McLane extends service
agreement with Love’s 

McLane Co Inc has extended its service agreement with Love’s Travel Stops and Country Stores for another five years...

A&P looks to sell its Midwest operations 

The Great Atlantic & Pacific Tea Co Inc is in negotiations for the potential sale of its operations in the Midwest. The company cited unsatisfactory operating trends in that market...

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