Nestle health-science unit buys Prometheus Laboratories

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May 24, 2011 News for the food, beverage and consumer packaged goods industry   Company Watch  General Mills returns for new edition of NBCU's "Healthy Week" General Mills is back for a second year to sponsor NBC Universal's "Healthy Week," which runs through May 27. The CPG giant is using the event to promote its Yoplait brand, which will be incorporated in TV spots, messages and content on Oxygen, Style, USA Network, E! and The Weather Channel. MediaPost Communications/MediaDailyNews (5/23) Nestle keeps eye on health science, buys Prometheus Laboratories The health-science division of Nestle, the world's largest food maker, is buying San Diego-based Prometheus Laboratories, a third purchase by the unit that is developing more personalized nutrition products. The Swiss company has plans to become a global leader in health-science nutrition and add more products to its coffee, powdered milk and baby food lines. Bloomberg (5/24) P&G might build palm-oil plant in Indonesia Procter & Gamble might build a palm-oil production facility in Indonesia to make sure it has a sustainable supply. The company also plans to invest in new factories to support expansion in the country. The Jakarta Post (Indonesia) (5/24) Campbell posts 11% profit gain Campbell Soup profits rose 11% in the third quarter as sales in the baking and snacks division rose 10%. The company is expected to come in at the "high end" of its 2011 forecast, but total sales rose less than 1% to $1.81 billion, and U.S. soup sales fell 7% for the quarter. Bloomberg (5/23), The New York Times (tiered subscription model)/The Associated Press (5/23) Other News Smucker raises prices on Folgers, Dunkin' Donuts and Millstone coffees The Wall Street Journal (tiered subscription model)/Dow Jones Newswires (5/24) The Business Gold Rewards Card® from American Express OPEN Spending power to help you run your business. Rewards points to help pay for travel and more. • Get spending power that can evolve with your business • Use Pay with Points® from the Membership Rewards® program to pay for flights on any airline without blackout dates APPLY NOW   Trends    Snack aisle gets popping Several companies are introducing crunchy snacks that are not baked or fried but instead are made by adding air to ingredients, so they "pop." Popchips are made with potatoes, Popcorners start with corn, and Mini Pops adds air to tiny grains of sorghum. The Providence Journal (R.I.) (free registration) (5/23) Men are bargain shopping and eating out less often Research from SymphonyIRI Group found that 44% of men are making efforts to save money, with 35% saying they shop at several stores to find the lowest prices and 54% saying they eat out less often. "Our research shatters the stereotype of clueless men wandering around a grocery store," said an executive. "During the recent recession, men adopted money-saving strategies that point to deliberate and well-thought-out grocery-purchase processes." Supermarket News (5/23) Xerox® ColorQube® solid ink printers, starting at $699. With 90% less waste and speeds up to 40 ppm, ColorQube® is your perfect solution for affordable color printing. Plus, save up to $300 with a trade-in rebate. Enter to win an Apple® iPad™.   Corporate Social Responsibility    Study: CSR reporting keeps companies on the straight and narrow Companies that publish CSR reports adjust their behavior for the better, according to a new study. Companies operating in regions with mandatory reporting rules performed better in a range of criteria, including corruption, business ethics, employee development and corporate-board efficacy, researchers found. "If companies want to change the way they conduct business, they can use reporting as a way to change," says study leader George Serafeim. Harvard Business School/Working Knowledge blog (5/23) Still have employees receiving costly payroll checks? Cut costs by cutting out checks. The Visa Payroll card is the smarter way to pay and be paid. It's the lower-cost alternative to paper. The card also eliminates costly check-cashing fees for your employees, giving them an easier way to manage their money. Visit visa.com/payroll to learn more.   Advertising & Marketing    Trop50 contest helps wishes come true Tropicana's Trop50 brand is giving 50 winners $1,000 each to support efforts to help a friend and is providing $10 to Dress for Success Worldwide for every entry received. "The 50 Fabulous Wishes contest is giving people a chance to thank those who have inspired them, and we've been moved by the amazing stories our fans have shared," said Marketing Director Kate Keller. Drinks Business Review (5/23) Scheduling That Works for Employers and Employees: It's Not a Mirage Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.   Retail Spotlight  At 75, Big Y looks ahead Big Y Foods, founded in 1936 as Y Cash Market in Massachusetts, has 58 supermarkets in Massachusetts and Connecticut, plus two specialty stores and two stand-alone drugstores. Since 1993, most stores have been built or converted to the World Class banner, with international eat-in food courts and international newsstands. Supermarket News (5/23)   Sponsored Content    Tips From Hotel Heavyweight Burt Caba as Katie Morell How To Use Social Media For Recruiting Anna Lindow Should You Pay For Employee Performance? Anita Campbell Creating A Relief Campaign On The Fly: Lessons From SXSW Thursday Bram 6 Work-Life Balance Blunders To Avoid Julie Rains   Health & Wellness  Data show red meat, excess fat raise risk of colorectal cancer Eating red meat and carrying excess body fat, especially around the waist, raise the risk of colorectal cancer, while exercise and food containing fiber can help reduce the risk, according to a review of studies by researchers at Imperial College London. The data, compiled for the Continuous Update Project, indicate convincing evidence that alcohol raises colorectal cancer risk for men and that milk probably reduces it. The Washington Post/The Checkup blog (5/23)   GMA News  Allergens: Successful Factory Management Strategies Food allergen issues remain the No. 1 cause of recalls in North America, indicating an opportunity for improvement of allergen controls within the food and beverage industry. On June 2, from 1 to 2:30 p.m. EST, GMA will offer the third of its Food Safety Modernization Act (FSMA) educational webinars, Allergens: Successful Factory Management Strategies, to address the expected regulations containing allergen management mandates resulting from FSMA. Learn more and REGISTER TODAY! Learn more about GMA -> Home  |  Join GMA  |  Public Policy  |  Industry Affairs  |  Publications  |  Events   Government & Food Safety  House committee seeks a $285 million cut in FDA funding The House Appropriations Committee unveiled a 2012 spending bill that would reduce the FDA's budget by 11.5%, or about $285 million. The measure is scheduled for a subcommittee vote today. The Hill/Healthwatch blog (5/23) Copackers Manager Dole Food Company, Inc. Westlake Village, CA Promotional Products Sales Manager Kencraft Candy Alpine, UT Manager/Sr. Manager, Field Finance Heinz Pittsburgh, PA Manager, Health & Nutrition Policy Grocery Manufacturers Association Washington, DC Product Manager Inventure Foods Phoenix, AZ Market Research Manager Barilla America Bannockburn, IL Sr. Nutrition Marketing Business Partner Kellogg Company Battle Creek, MI   SmartQuote  Men's arguments often prove nothing but their wishes." --Charles Caleb Colton, British cleric, writer and collector     This SmartBrief was created for cpgbrokers@gmail.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Advertise Associate Publisher, Food Service:  Chris Warne (212) 450-7970 Download Media Kit Job Board:  Celia Rothschild (202) 470-1159   Read more at SmartBrief.com A powerful website for SmartBrief readers including: Industry Home Readers' Choice Search Archive Who's Hiring? 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