Irinox Founder Kaplan Steps Down
Ira Kaplan, president of Irinox USA, stepped down from the company he founded in 2005 on Sept. 1. The former president of Servolift Eastern and past NAFEM president will continue to serve Irinox as a consultant. New leadership of... »
Technomic Acquired By Media Company
Winsight, the business-to-business media company, has bought Technomic, the Chicago-based research and advisory services firm. Technomic was acquired from its founder, President and CEO Ron Paul, who is leaving the company to... »
In Memoriam: Perfection Equipment’s Sandy Hahn
Sanford “Sandy” Hahn, CEO of Perfection Equipment, died August 25 in Evanston, Ill. He was 78.
Hahn helmed the Gurnee, Ill., maker of beverage and condiment dispensers for more than 47 years. He was a longtime board member of... »
Dispensing Equipment Makers Blend: Micro Matic Acquires Valpar
In an acquisition that greatly expands its presence in the global beverage business, Micro Matic A/S has acquired Valpar Industrial Ltd., a manufacturer and supplier of beverage tubes and pythons to breweries and soft-drink... »
July RPI Boosted By Stronger Sales, Heavier Traffic
Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index posted solid improvement in July.
Showing its first gain in three months, the... »
Despite Mixed Results, Public E&S Companies Grew 3.6% In 2Q
The nine publicly reporting foodservice equipment and supplies companies posted combined revenue growth of 3.6% in the second quarter 2015 versus the same quarter last year. While overall growth was moderate, it was the best... »
School Lunches Are Healthier, But Need Remains For New Foodservice Equipment
American schoolchildren might be getting healthier lunches, but only a third of the nation’s schools have set up salad bars or invested in the kinds of foodservice equipment that could lead to more meaningful improvement.
Menu Prices Flat, Gas Prices Drop—But Grocery Bills Rise In July
After 17 consecutive months of rising menu prices, consumers’ dining-out tab was unchanged in July. That stability is notable because since early 2014, menu prices had grown at least 0.2% every month, according to figures from... »
People On The Move:
Arby’s Restaurant Group has named Greg Vojnovic its Chief Development Officer. He fills the newly created position from the same post at Popeyes Louisiana Kitchen. Vojnovic, who will report directly to Arby’s CEO Paul Brown, will... »
NLRB Ruling Redefines Who’s The Boss
In a long-awaited ruling reverberating throughout the franchising world, the National Labor Relations Board last week upheld the idea of joint employer status, marking a controversial shift in the standard for determining who is... »
FER Is Best In Class, Wins Top National Editorial Award
FER once again was a winner at the Azbee Awards, the journalism honors presented annually by the American Society of Business Publications Editors. Not only did the magazine win four regional awards, Publisher/Research Editor... »
Flux In Markets Hits Consumer Confidence
The dog days of summer? Not this year. Despite the volatility on the world’s stock exchanges, consumers are in holding pattern of feeling confident, if wary.
What does that mean? You can look at the new numbers this way: Despite... »
Sticking To Basics Pays Off For Popeyes
Popeyes Louisiana Kitchen Co. is having a good year.
In its just-released second-quarter results, the Atlanta company reported 2,443 restaurants, a jump of 8% from its 2,262 store count for the comparable period in 2014. In the... »
Ovation Brands Under New Ownership
Food Management Partners has acquired Ovation Brands, owner of five buffet brands and casual-dining Tahoe Joe’s Famous Steakhouse.
Greer, S.C.-based Ovation Brands has 328 restaurants in 35 states; its concepts include Ryan’s,... »
Wasserstrom Enters Mobile Technology Market
The nearly server-free restaurant of the future just got a little more real with some news from The Wasserstrom Co., the country’s third-largest foodservice E&S dealer.
The century-old dealer, which reported 2014 sales of... »
Middleby Adds Another Residential Cookware Maker
The Middleby Corp. will acquire AGA Rangemaster Group, a British manufacturer of residential kitchen equipment including ranges, ovens and refrigeration, for about $200 million.
The AGA portfolio includes AGA, Rangemaster,... »
Frisch’s Finalizes Going Private
Private-equity firm NRD Partners has finalized its acquisition of Frisch’s Restaurants in a $174.5 million merger deal. The Cincinnati-based restaurant company, which operates Frisch’s Big Boy units in the Midwest, agreed in May... »
FER Honors 14 Smallwares And Tabletop Products
It isn’t just large equipment that this magazine focuses on or that makes foodservice kitchens run smoothly and look good. Small things matter too, as was made clear when 14 winners emerged last month at FER’s Smallwares &... »
Star Promotes Deacon, Yungbluth To Prominent Sales Posts
Two major appointments have been announced at St. Louis-based Star Mfg./Middleby. Lorne Deacon has been promoted to V.P.-Sales for the Star brands, comprising Star, Holman, Lang and Toastmaster. Christian Yungbluth has been... »
MAFSI Barometer Hits Two-Year High
Driven by surging equipment sales, the quarterly Business Barometer maintained by the Manufacturers’ Agents Association for the Foodservice Industry rose 5.1% in the second quarter compared with the same quarter in 2014. It was... »
FER Forecasts E&S Market To Grow 4.6% In 2016
In case you missed the news before we went on vacation, here's some end-of-summer optimism: Thanks to the strongest foodservice operator market since before the Great Recession and continuing demand in all three of the key... »
Robot Coupe Taps Market Solutions Advisor
David Prudhomme has joined Jackson, Miss.-based Robot Coupe U.S.A. in the new position of Market Solutions Advisor. Prudhomme, who will be based in Dallas, is focused on expanding opportunities in multi-unit environments... »
Vollrath Acquires Spain-Based Pujadas
The Vollrath Co., announced August 17 that it has acquired Miguel Pujadas, S.A. The Santa Coloma, Spain-based company, founded in 1921, makes and distributes a wide range of cookware, steam-table pans, buffet and... »
Broaster Adds Schwengler As National Accounts Manager
Broaster Co. has hired Sharon Schwengler as its new National Accounts Manager. Schwengler brings more than 20 years of industry experience to the Beloit, Wis., company, including tenures at Libbey Inc., Nemco Food Equipment,... »
Back To School
For many of us, it’s back-to-school time. Jan and I took our 19-year-old son, Sam, back to Ohio University, in Athens, Ohio, last week. He’s in the Scripps College of Communication there; he wants to write screenplays, not be a... »
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