Treasury Wine Estates announced the resignation of CEO, Tim Ford, with news the CEO of Lion, Tim Fischer, will replace him from 27 October. Ford has been at TWE for 14 years, five as CEO and managing director. Fischer will receive a $4 million sign-on fee as compensation for forgoing incentives with Lion. Read more
Founded in 1950, Heat and Control, a world-leading equipment manufacturer and food processing industry supplier, celebrated its 70th anniversary, with plans to mark this platinum occasion with a 12-month long celebration.
Snacking giant Mondelēz International will make the switch to 100 per cent renewable electricity for its two Melbourne factories, removing almost 40,000 tonnes of carbon entering the atmosphere.
A new report from the Commission for the Human Future is calling for a transformation to the global food production system to one that is renewable, healthy and fair to all, highlighting Australia is not immune to food security issues.
Murray River Organics (MRG) has secured a $2.3 million deal with Woolworths for five new branded products to be launched across 600 stores from August and extra Christmas offerings.
The Australian Industry Group (Ai Group) Australian Performance of Manufacturing Index (PMI) has shown marked volatility in recent months, having its largest fall in April and its largest monthly rise in June.
Wine Australia has released its Strategic Plan 2020-25, detailing a five-year investment plan. It includes $200m in R&D, marketing, regulation and adoption.
Most of Lion’s key systems have been restored following a ransomware attack earlier in the month. All nine of its breweries are running and its juice and dairy business operational.
The Freedom Foods Group board has accepted the resignation of CEO and managing director Rory Macleod. Macleod has resigned from all board and executive positions.
After the shock “leave” for CEO Rory Macleod, Freedom Foods Group chair Perry Gunner has revealed inventory write-downs will cost the company $60 million, up $35 million from its May estimate.
Fonterra Co-operative Group (FCG) has announced Peter McBride has been selected as the Co-operative’s chair-elect by his fellow directors.
Meat processing and packaging company Hilton Foods has appointed Mainbrace Constructions for part of its infrastructure development at Truganina, Melbourne.
Australian solutions platform Winedepot has launched its 10,000-pallet climate-controlled national distribution centre in the Albury-Wodonga region.
Packaging automation integrator Foodmach has appointed Chris Yule as national sales manager, effective immediately.
Cadbury will be giving away one million chocolate products as part of its Generous Aussies campaign, celebrating its 1800 team members across Australia as well as 60 community groups and businesses.
Freedom Foods Group managing director and CEO Rory Macleod has taken leave pending a further announcement in news that has shocked the market. It comes a day after its CFO and company secretary Campbell Nicholas resigned.
A researcher from the University of Melbourne is calling on tighter regulations and improved packaging practices to reduce the amount of incorrect labelling on food products, which is causing “too many” allergic reactions.