Middleby Acquires India-Based Cold Equipment Company
The Middleby Corp. has acquired the commercial refrigeration and foodservice products business of Celfrost Innovations Pvt. Ltd. Celfrost, based in Gurgaon, India, has annual sales of approximately $20 million. The... »
What Impact Will The Debt-Ceiling Debacle Have On E&S?
As we write this, it looks increasingly possible that Congress will fail to pass legislation to increase the U.S. federal debt ceiling or restart the federal government, which has been in a partial shutdown since Oct. 1.
We said... »
Vulcan, ITW Bolster Leadership Posts
Vulcan and its parent company, ITW Food Equipment Group, have made official a number of new leadership appointments.
Tim Farno and Tim Murray have been named to top posts at ITW FEG Cooking. Farno takes the reins as v.p./g.m. of... »
SFM Rebrands Officially As SHFM, Presents Awards
In with the new this month as the 35-year-old Society for Foodservice Management has become the Society for Hospitality and Foodservice Management. The strategic brand enhancement was unveiled in October at the association’s... »
T&S Appoints G.M. For Shanghai Operation
T&S Brass and Bronze Works has hired Pat Cotter as general manager of its facility in Shanghai, China.
Cotter has a long career in industrial leadership and development experience in China, India, Mexico and South America.... »
What Key Government Data Are We Missing?
Writing FER Fortnightly Economic Report is more challenging this week in part because we are missing a number of key government reports. Among them are the monthly report on U.S. employment, the Producer Price Index and the... »
Blue Chip Forecasts For 2013 And ’14 Hold Steady
Forecasts for growth of real GDP in the U.S. held steady in the latest consensus forecasts of economists polled by Blue Chip Economic Indicators. The forecast of growth of disposable personal income and consumer spending next... »
Long-Term U.S. Economic Forecasts Decline Slightly
Because the short-term economic outlook is so dicey, what with the federal government partial shutdown and the looming debt-ceiling deadline, we might want to focus on the longer term. Blue Chip Economic Indicators released its... »
NRA Pleads With Congress To End Shutdown, Maintain Economic Confidence
The National Restaurant Association has launched a broad-based grassroots effort among its members urging Congress to end the government shutdown and raise the debt ceiling to maintain economic stability and consumer confidence.... »
Shutdown Creating Risks To Food Safety
The government shutdown is endangering what America eats, according to food-safety experts. Offices are dark across the federal agencies charged with making sure that fruits, vegetables, dairy products and other domestically... »
Piada Gets Cash Infusion For Expansion
Piada Italian Street Food, a 14-unit fast-casual chain, often called the Italian version of Chipotle Mexican Grill, has received a “significant investment” from private-equity firm Catterton Partners earmarked for continued... »
Hardee’s Plans 35 Stores in Chicago Area
On the heels of announcing its return to the Northeast, Hardee's is adding restaurants in the Windy City. The St. Louis chain will open 35 new units in the Chicago area during the next seven years; two have opened in the last... »
Composting Needs More Than Lip Service
Composters, manufacturers and restaurant executives have more work to do before compostable plastic products get wider use in the food industry, according to Jeff Clark, director of the National Restaurant Association’s Conserve... »
Dealers Keep Bags Packed For October Group Meetings
October is the month of meetings for the E&S industry’s buying groups. Eight of the industry’s dozen or so dealer groups and associations are holding seminars and conferences this month. They... »
Ali Group Acquires Rancilio Group, Italian Coffee Equipment Maker
Ali Group has purchased Rancilio Group, a family-owned coffee-equipment manufacturer. Giorgio Rancilio will continue as the 86-year-old company’s CEO. The Milan-based company manufactures both semi- and fully-automatic machines;... »
Spec Markets Begin To Recover, Finally
While the foodservice equipment and supplies market’s recovery from the Great Recession has been remarkable in many ways, one very significant part of that market has remained mired in recession. Publicly funded noncommercial... »
Manitowoc Launches New Cuber Brand, Acquires Induction Component Maker
New brands and new acquisitions: It's a busy month for Manitowoc Foodservice.
The company announced Oct. 1 that it would launch a new line of cube-ice machines marketed and sold under the Koolaire brand name. The New... »
Unified Brands Promotes Campise To National Sales Post, Plans Corporate Move To Atlanta
Big news keeps rolling out at Unified Brands.
George Campise has been promoted by the company to the newly created position of national sales director. Campise, who had been eastern sales director, now will be responsible for... »
Montague Taps New Reps For Eastern Corridor
The Montague Co. has appointed William Dolan and Michael Poulos of monobloc as its new representatives covering Delaware (Sussex County), Maryland, northern New Jersey, New York, Maryland, western Pennsylvania, Virginia,... »
Expectations Fall, But NRA’s Performance Index Remains Positive
All four expectations indicators in the National Restaurant Association’s Restaurant Performance Index were down sharply in the August survey, including plans for capital spending. Still, gains in current same-store sales and... »
Casual Dining Ends Five Years Of Traffic Declines As 2Q Traffic Rose 1%, Says NPD
The second quarter of 2013 keeps turning out surprisingly robust foodservice data in many ways. We’ve written about the strong gains of the MAFSI Business Barometer and publicly reporting equipment and supplies company revenue... »
Leadership Changes, Expansion At Darden
Drew Madsen, who led Darden Restaurants to a 71% increase in store counts and a nearly 80% rise in annual revenues, announced his retirement as president/COO late last month. Gene Lee, president of Darden's Specialty Restaurant... »
Wendy’s Debuts In The Other Georgia, Continues Selling Stores
The first Wendy’s outlet in Georgia to open under a year-old agreement made its debut in the country’s capital last month. The U.S. ambassador to Georgia, Richard Norland, was in a crowd of hundreds of Georgians who flocked to... »
AHF To Mark Healthcare Foodservice Workers Week Oct. 7-13
The Association for Healthcare Foodservice is marking Healthcare Foodservice Workers Week Oct. 7-13 with the theme, “Where Healthcare Meets Hospitality.”
The weeklong annual tradition honors healthcare foodservice and nutrition... »
Babila Assumes Presidency At Carpigiani
Carpigiani USA has elevated John Babila to the office of president. He had been serving as exec. v.p.-sales and marketing since he joined the Ali Group company in April 2011. Before joining Carpigiani, Babila held the title of... »
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