GFM Network News


Kraft Heinz cuts output at three plants, adds mac and cheese shifts

Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods such as macaroni and cheese. Speaking in a video presentation hosted […] Read more

Soup maker Baxters sells Canadian arm

The Canadian business of Scottish soup and condiment maker Baxters Food Group is back in Canadian hands, including private, public and labour-sponsored Quebec investors. Provincial venture capital firm Investissement Quebec and labour-sponsored Fonds de solidarite FTQ and Fondaction announced Tuesday they would each put up $8 million, plus an unspecified amount from investors led by […] Read more