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| Welcome to FER Fortnightly Online Newsletter |
July 11, 2006
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Advertise with FER, contact Robin Ashton To subscribe to this newsletter, click:
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In This Section: Star Aquires Lang Worldwide Energy Use To Grow Two-Thirds By 2030 Sbarro Takes Italian Food South Of The Border NAFEM Announces Town Hall Meetings This issue's Economic Report  Sponsor: FER E&S Economic Forecast M&eetings | Regulatory ReportSponsor: Franke Foodservice SystemsWorldwide Energy Use To Grow Two-Thirds By 2030 Energy consumption worldwide is expected to grow more than 70% from 2003 to '30, according to a recent report from the Department of Energy's Energy Information Administration. In the category of petroleum-based energy, China, India and the United States together are expected to account for more than half the projected growth in demand for that resource. Oil consumption, which today stands at about 81 million barrels per day worldwide, is expected to grow to 118 millions barrels per day, a 47% increase. Last year, oil use in the United States actually fell by 75,000 barrels a day, according to a report by BP, as did natural gas use. By '30, oil is expected to fall to 33% of total energy use, down from 38% in the study base year, '03. Coal and nuclear energy will make up a greater share, according to EIA projections. Sbarro Takes Italian Food South Of The Border Following on the heels of announced plans to open 30 units in Mexico and 20 in Egypt, Sbarro Inc., Melville, N.Y., is expanding even farther afield. The company has signed deals with franchisers for additional restaurants south of the border in El Salvador, Guatemala and Honduras, as well as units in The Bahamas and Romania. Plans call for 25 restaurants in major metro areas of those countries within the next five years. Sbarro, which serves a full, quick service authentic Italian menu, now has more than 1,000 units in 30 countries worldwide. NAFEM Announces Town Hall Meetings Members of the North American Association of Food Equipment Manufacturers will soon have a chance to share their thoughts on the organization's strategic direction when NAFEM begins holding regional town hall meetings beginning in late summer. The events, each held at a NAFEM-member hosted location, will also provide forums to discuss membership structure, benefits, and future offerings. Many NAFEM members participated in and have already provided more than 1,500 distinct data points collected during last year's research initiatives, the association reported; their input was used as a foundation for creating the town hall meeting concept and agenda. Mark your calendar for scheduled meetings at the following times and host locations:
In late fall, online Webinars also may be scheduled to reach members in more remote locations, or if one or more of the events fail to meet minimum attendance requirements. |
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