 | October 8, 2010 | News for the food, beverage and consumer packaged goods industry |  |  | - ConAgra to expand in Michigan
ConAgra Foods says it will expand a facility in Kentwood, Mich., that it purchased in May with its acquisition of Elan Nutrition. The site, where cereal and nutrition bars are made, will get a new line and two will become more efficient, as part of an $18 million investment that will add 137 jobs, the company says. The Grand Rapids Press (Mich.) (10/7)        - PepsiCo establishes Global Nutrition Group
PepsiCo announced it has formed a Global Nutrition Group to develop nutritious products. Its Frito-Lay unit will also continue working to lower sodium, with Chief Financial Officer Hugh Johnston saying, "We're making continued investments in managing lower and lower salt over time." The Dallas Morning News (10/8) - PepsiCo lowers earnings expectation, takes longer view: PepsiCo announced it expects earnings per share for the year to rise between 11% to 12%, lower than the original forecast of 11% to 13%. PepsiCo CEO Indra Nooyi said that "economic uncertainty and high unemployment levels are keeping a consumer-led recovery at bay in many regions." Portfolio.com/Reuters (10/7)
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 - The importance of focusing on the local angle
Companies that for decades sold the same items and had the same look in every community are now discovering the benefits of tailoring their offerings to local likes and dislikes. For example, the recipe for Coke changes slightly in different markets, and Kraft Foods monitors sales to help grocery stores stock items to meet the tastes of different regions. DailyFinance.com (10/7)  | Mobile technology can provide a platform for interactive real time workforce management. Equipped with mobile devices, managers and employees can communicate seamlessly to exchange information, staff shifts and ultimately improve the customer shopping experience. Download this complimentary article to get insight on the impact of mobile technology on workforce management. |
 - Frosted Flakes contest will create baseball memories
Tino Martinez, a former New York Yankee, will participate in a practice session with one adult and his or her children as the grand prize of a Frosted Flakes contest. The Share What You Love about Kellogg's Frosted Flakes contest "encourages parents, coaches and mentors to share what they love with their kids and create even more memories that last a lifetime," said a Kellogg spokeswoman. Drug Store News (10/7)  | When the dotcom bubble burst in 2000, it took the Network Equipment Providers (NEPs) industry with it. Ten years later NEPs are experiencing resurgent growth and are finding themselves challenged by a new set of market conditions. This complimentary whitepaper explores how to survive these challenges and the next wave of consolidation among NEPs. |
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| Science & Technology |  | | | - Study: Farmers get economic benefits from biotech corn adoption
U.S. researchers found that the adoption of biotech corn enabled farmers in Minnesota, Illinois and three other corn-growing states to reap $6.9 billion in economic benefits since 1996 by suppressing the population of European corn borer as well as protecting nearby corn crops from the pest's effects. They also found that more than half of that savings came from fields of nonengineered corn. Los Angeles Times (10/7) - Ginseng flavor may improve with cyclodextrins
 Adding cyclodextrins to drinks containing ginseng may cut the bitterness in half while maintaining the functional benefits, researchers say. Ginseng is said to improve stamina and reduce feelings of fatigue and physical stress, and improving the flavor will "aid in the development of functional beverages that are more acceptable to a wider range of consumers." FoodNavigator (10/7) | Health & Wellness | | | | - Fish consumption could slow prostate cancer progression
Men who ate a lot of fish had a 44% lower risk of developing metastatic prostate cancer and were 63% less likely to die from the disease compared with those who had low fish intake, according to an analysis of 31 studies. Researchers said that fish oils' anti-inflammatory effect could be responsible for preventing cancer progression. Reuters (10/7) - Waist size is linked to diabetes risk
A study suggests larger waist size in the U.S. explains why Type 2 diabetes is more common in America than in England. The researchers looked at conventional risk factors including smoking, age, body mass index and socioeconomic status, and found waist size was the "single factor that explained most of the higher rates of diabetes seen in the United States, especially among American women," said a researcher, adding, "Waist size is the missing new risk factor we should be studying." HealthDay News (10/7) | GMA News | | | | - Learn How Sustainability Drives Profits for CPG Companies
Sustainability has established a strong and expanding presence in the world of consumer packaged goods. The end goal is the same for both manufacturers and retailers: minimize environmental impacts and maximize the use of sustainable business practices. Join retailer and manufacturer executive sustainability teams Dec. 6 to 9 in the Washington, D.C., area for the FMI-GMA Sustainability Summit. Learn how investment in environmentally responsible solutions throughout the supply chain will benefit your company's bottom line and reputation. Keynote speakers include: - Ken Powell, chairman and CEO, General Mills Inc.
- Dr. Jason Clay, senior vice president, market transformation, World Wildlife Fund
- Andrew Winston, author of Green Recovery
- Barton Seaver, chef, conservationist, National Geographic Fellow
Go to www.tpasustainabilitysummit.org to learn more and register.
| Government & Food Safety | | | | - FDA outlines regulatory science goals
Dr. Margaret Hamburg, commissioner of the Food and Drug Administration, said "regulatory science is not as robust as it needs to be," as the agency released a white paper outlining goals for modernizing tools and processes. "The field of regulatory science -- both the knowledge generated in developing new tools and the tools themselves -- has the potential to inform a broad range of health-related advances, involving numerous diseases and conditions," the report says. FoodSafetyNews.com (10/7)
| International | | | | - Kraft announces Tassimo growth in Europe
Kraft Foods says sales of its Tassimo beverages in Europe grew more than 20% in the first eight months of 2010, on top of 20% growth in 2009. The single-serve machines have an advantage in a competitive market because they also make other beverages, including hot chocolate, said Mike Clarke, president of Kraft Foods in Europe. Bloomberg (10/5) | SmartQuote | | | |  | The wise man questions the wisdom of others because he questions his own, the foolish man, because it is different from his own."
--Leo Stein,
American art collector and critic  |
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