The more than 600 employees of Henny Penny are now owners of the company.The Eaton, Ohio, manufacturer became employee-owned through the sale of its stock to a newly formed employee stock ownership plan (ESOP) as of Dec. 30.The transaction ensures Henny Penny and Wood Stone, both previously owned by the Cobb family, will remain privately…
I hope you all had a fulfilling and restful holidays with friends and family. We did. Jan, the kids and I even got out of the Chicago cold and snow and spent nearly a week in Phoenix—where we saw more cold and snow!—and Tucson, where it warmed up at the J.W. Marriott Starr Pass, site…
The Montague Co., the Hayward, Calif., cooking equipment manufacturer, has appointed Joe Deckelman as v.p.-sales and marketing. The announcement was made by company Pres. Tom Whalen, who stated “Joe’s wealth of experience and leadership qualities will help Montague’s continued growth while maintaining our commitment to quality and service.” Deckelman has a wide-ranging 20-year background in…
Michael Halstead, regional v.p. of TriMark Gill Group, died Dec. 14 in St. Paul, Minn. He was 59. Halstead, who enjoyed a 35-year career in the foodservice equipment industry, oversaw the Western region branch of TriMark Gill Group in Hamilton, Mont. Halstead, an active tennis player, soccer and basketball coach, is survived by his wife…
Neal Hix has joined Bauer Marketing Group as a territory manager. Hix brings the Cincinnati rep firm more than 18 years of sales experience, 11 of them specific to the foodservice equipment industry. From his base in Louisville, he’ll be responsible for all dealers, consultants and end-users in Indiana and Kentucky; he will specifically work…
Starting Jan 10, Heritage Parts expanded the hours of operation for its customer service and distribution centers to include Saturdays, 8 a.m.-1 p.m. EST. Online orders placed anytime on Friday night and Saturday morning will also be processed and shipments that are next day and second day air will be available for shipping on Saturday. All…
Last year it was commercial refrigeration that saw a significant boost in shipping charges, as the National Motor Freight Traffic Association’s Commodity Classification Standards Board changed the way it classifies such products. Freight costs for refrigerators and freezers have jumped as much as 30% to 50%. (See FER Fortnightly 12/03/14 here). This year starts with…
Consumer confidence surged to an eight-year high in December as gasoline and food prices continued to decline in November and December, according to the latest data on general economic factors that impact foodservice. • The Thomson Reuters/University of Michigan Index of Consumer Sentiment finished December at 93.6, its highest reading since January 2007, the research…
The National Restaurant Association’s Restaurant Performance Index remained at a very high post-recession level in November, despite falling from a mark in October not seen since December 2004. The overall index fell 0.7 point to 102.1 as the Current Situation Index dropped 1.6 points. But the Expectations Index continued to rise, pushing 0.3 point higher,…
Customer traffic has been the problem for restaurant operators during and since the Great Recession. Consumers just are not eating out as often as they did in the late 1990s and mid-2000s. The NPD Group, which tracks consumer restaurant behavior through its flagship information service CREST as well as other research studies, has reported only…