Sun Capital Partners has sold
The early-bird discounted fee for Foodservice Equipment Reports‘ annual President’s Preview E&S Market Forecast ends this Friday, July 10. After Friday, the $995 fee increases to $1,095. This year’s meeting is scheduled for Tuesday, July 28, at The Westin O’Hare in Rosemont, Ill. The annual one-day President’s Preview forecast event has been presented annually since…
Nonfarm payroll employment grew by 223,000 jobs in June and the unemployment rate fell to 5.3%, but the average workweek and hourly earnings were flat, dampening many analysts’ enthusiasm about the report. A drop in the labor-force participation rate, which helped push the decline in the unemployment rate, also led some to question whether the…
A new organizational structure, including two new business units led by new senior vice presidents, has been unveiled at Henny Penny. The new Global Customer Experience Business Unit is headed by former v.p.-global sales chief Steve Maggard. Now, elevated to Senior V.P.-Global Customer Experience, he oversees all external customer relations worldwide, strategic accounts, parts and…
Veteran foodservice industry executive Ken Goodwin has been named President of Oliver Packaging & Equipment. He has overall responsibility for the company, which manufactures bakery equipment for supermarkets, retail bakeries and foodservice operations and designs, manufactures and distributes meal-packaging systems; Goodwin will report to Oliver Products CEO Jerry Bennish. Goodwin joins the Walker, Mich., company from…
The foodservice jobs engine went into idle mode several months this year, thanks in part to a tough winter. But with eating and drinking places adding 29,900 net new jobs in June, the rebound in growth has the industry poised for employment gains exceeding 3.5%, according to the National Restaurant Association’s Chief Economist Bruce Grindy.…
Chicago-based Naf Naf Grill, now backed with investment from Roark Capital Group, plans to expand from its current 13 units to 150 restaurants within five years. While terms of the deal haven’t been disclosed, Roark has taken a minority position to help expand the 6-year-old chain’s footprint beyond the Chicago area, starting this summer with…
Who says turtles are slow? On the heels of celebrating the opening of its 40th unit, The Greene Turtle Sports Bar & Grille has inked a development agreement to open 10 locations in the counties surrounding the city of Philadelphia. This follows the 2014 deal for a separate group to open 11 units of the…
In what would be a huge expansion of its composting program, New York City is moving to require arenas, large hotel restaurants and food wholesalers to compost all of their food scraps. The program would be mandatory for some New York businesses that generate large amounts of food waste, like the Barclays Center, Citi Field…
Michigan’s legislature is mulling a bipartisan bill that would require prison kitchen facilities to have food-safety inspections performed when a contractor is managing the kitchen. Currently, under the Michigan Food Law, state prison kitchen facilities are exempt from being classified as a “food establishment” and are not subject to the routine inspections mandated for other…