The food and beverage sector of the manufacturing industry was the only one to expand in November, according to the Australian Industry Group – PwC Australian Performance of Manufacturing Index.
Ridley Corporation will sell its Cheetham Salt business to CK Life Science to focus on its agribusiness core.
FoodTech QLD will launch in July next year and forms part of the Queensland government’s initiative to grow the value of the state’s food industry to $40b by 2020.
Merrill Lynch analysts say Woolworths will be at risk of an earnings downgrade once it reaches the point where it can’t rely on price cuts from food suppliers.
Food processing machinery sales across the globe are set to rise by 7.3 percent per year, hitting $53.3 billion in 2016.
Australia is well into deficit when it comes to its food processing trade, with total industry output dipping 4.5 percent for 2010-11 and the number of employees down by 2.2 percent. So why are things in such an apparently bad way?
A new weekly segment, Global News Bites keeps you up-to-date on what’s happening around the world in food and beverage manufacturing.
Food manufacturers are able to market their products as being fresh, healthy or natural when this may not be the case, a Choice study has found.
Confectioner Robern Menz is using what’s close to a $500,000 government grant to embrace green technologies at its production facility in Glynde, Adelaide.
The AFGC CHEP retail index predicts growth to be 2.9 per cent, year-on-year, for the December quarter, below both the 10-year average and the September quarter result.
The Australian Food and Grocery Council’s (AFGC) annual State of The Industry report has shown a decrease in the food manufacturing industry’s output.
PFD Food Services has bought troubled company Australian Convenience Foods Group (ACF) after the ready-to-eat food manufacturer went in to voluntary administration.