Tiger Brands to open Enterprise polony factory by end of 2018

SOUTH AFRICA - The South African packaged good company, Tiger Brands has told their shareholders that the opening of the Enterprise polony factory in Polokwane is set to be by the end of this year. However, the group said though production at the site is expected to start by October 2018, its opening would depend…

Quantum Foods bounces back to profit with US$162.81m in revenue

SOUTH AFRICA - The diversified poultry and feeds business has declared US$162.81 million in revenue with a 4.6% increase of US$400,038.40 in Other African operations offset by a decrease in South African operations. For the six months ended 31 March 2018, headline earnings per share (“HEPS”) increased to 82.5 cents from the 12.4 cents per…

Famous Brands expects to report US$9.21m loss from Gourmet Burger deal

SOUTH AFRICA - The South African fast-food franchises, Famous Brands said it expected to report a US$9.21m operating loss from the UK acquisition of Gourmet Burger Kitchen (GBK) in the financial year ending February results. Business Day reported its share price fell 5.4% to US$8.03 on Thursday morning after it warned shareholders it expected to…

2 Sisters appoints Ronald Kers as new CEO

UK - 2 Sisters Food Group, Birmingham based privately owned food manufacturing company, has appointed former global CEO of Muller, Ronald Kers as its new Chief Executive Officer effective 1 June 2018. He joined Muller in January 2017 as UK CEO, combining periods of service from Nestle SA where he joined in 2003 responsible for…

USDA appoints administration officials to its food safety agency

USA - U.S. Secretary of Agriculture Sonny Perdue has announced the appointment of Carmen Rottenberg and Paul Kiecker to the positions of administrator and deputy administrator respectively within USDA’s Food Safety and Inspection Service (FSIS). “Providing all Americans access to a safe and secure food supply is one of USDA’s critical missions,” said Secretary Perdue.…

Astral Foods manage improved results with 15% revenue increase despite bird flu

SOUTH AFRICA - Astral Foods, the South African integrated poultry producer has reported positive results, having managed 15% increase in revenue to US$535.93 million despite challenges with the Avian influenza in the period, according to IOL Business report. While operating profit grew by 392.6%, the group’s operating profit margin increased 15.7% as compared to the…

Astral commits US$104.7m investment in plant expansion in 3 years

SOUTH AFRICA - Astral Foods, a leading integrated poultry producer has announced plans to invest in plant expansion with more than US$104 million in capital expenditure for the next three years to improve capacity and efficiencies, according to Business Report. Astral CEO Chris Schutte revealed the plans after reporting improved results, a 15% rise in…

2 Sisters Group proposes expansion plans for its Carlisle site

UK - 2 Sisters Group has proposed plans to extend its Cavaghan & Gray factory in Carlisle for a new chiller unit, additional production and storage space and an expansion of the southern elevation of the current building. In the proposal, 2 Sisters indicated the expansion was necessary for a simple internal reconfiguration at the…

Tyson Foods develops ‘bill of rights’ for its poultry farmers

USA - Tyson Foods has developed a contract for poultry farmers’ ‘bill of rights’, launching several new initiatives aimed at enhancing communications and transparency with the thousands of independent farmers who farm the company’s chickens. The company also formed an advisory council made up of poultry farmers, investing in technology for additional communications. The company…

JBS to reduce greenhouse gas emmissions by 20% by 2020

USA - JBS USA,a leading processor of beef, pork and lamb in the U.S, has laid down its 2020 Sustainability goals, targeting to reduce its greenhouse gas emmissions by 20%, reducing water use by 10%, natural gas use by 20%, electricity use by 12%. Releasing its 2017 sustainability report, the company said it was on…