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Cornell Capital to Acquire World Kitchen
NEW YORK and ROSEMONT, Ill., April 3, 2017 /PRNewswire/ -- Cornell Capital LLC ("Cornell Capital"), a private investment firm, and WKI Holding Company, Inc. ("World Kitchen"), a leading multinational manufacturer and marketer of housewares, today announced the signing of a definitive merger agreement under which an affiliate of Cornell Capital will acquire World Kitchen. World Kitchen is a leading housewares company with a unique heritage and diverse portfolio of iconic brands including Pyrex®, Corelle® and CorningWare® that are trusted names known for safety, quality, innovation, performance and durability. Building upon more than a century of unparalleled brand recognition in the kitchenware ... |
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Farmer-Owned Co-op Land O'Lakes, Inc. Acquires Vermont Creamery
WEBSTERVILLE, Vt. and ARDEN HILLS, Minn., March 29, 2017 /PRNewswire/ -- Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O'Lakes, Inc. President and CEO Chris Policinski announced today that their businesses have joined forces. Vermont Creamery will become an independently operated subsidiary of Minnesota-based Land O'Lakes. It will continue to produce its award-winning fresh and aged goat cheeses, cultured butter and fresh dairy at the creamery in Websterville, Vermont. "We have always taken seriously our commitment to our farmers, employees and Vermont's working landscape—these values are at the core of our decision to sell the business," said co-founder ... |
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Perdue Farms Names Randy Day Chief Executive Officer
SALISBURY, Md., March 8, 2017 /PRNewswire/ -- Jim Perdue, chairman of Perdue Farms, has announced the promotion of Randy Day to chief executive officer of Perdue Farms, effective immediately. Day has served as chief operating officer since May 2016. He will also serve on the company's board of directors. "Randy has done an outstanding job as chief operating officer over the past year, and he has my trust and the trust of our leadership team in this new role," said Perdue, who has been chairman and chief executive officer of Perdue Farms since 1991. Day is the fourth CEO in the ... |
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FreshDirect Announces Expansion to Washington, D.C.
WASHINGTON, March 16, 2017 /PRNewswire/ -- FreshDirect, the Northeast's pre-eminent online fresh food retailer, today announced the expansion of its service to the Washington, D.C. metropolitan area. FreshDirect will start delivering farm-fresh produce, high-quality meat, seafood, dairy, prepared meals, and grocery and household staples to the doors of residents living in D.C., Arlington and McLean, Virginia and Bethesda, Maryland beginning April 5th, 2017. FreshDirect's focus on sourcing and curating the freshest food combined with the fastest farm-to-fridge delivery has established the company as the market leader in the Northeast, already delivering directly to customers in five states, including the New York City and ... |
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NPD Group Predicts the Home-Products Industry Will Continue on a Growth Trajectory
Port Washington, NY, March 18, 2017 – A new home-products industry forecast from global information company The NPD Group, reveals that the small home appliances and housewares markets will continue on the growth path they returned to in 2015. Covering more than 100 small kitchen electrics, personal care appliance, home environment appliance, and housewares categories, NPD is forecasting*a nearly three percent combined dollar sales increase for these industry segments in 2017 versus 2016. “We are excited to present our first-ever 24-month home industry forecast, providing manufacturers and retailers with valuable insight to help them identify emerging trends and optimize their ... |
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Thirteen Companies Honored with IHA Global Innovation Awards for Product Design
CHICAGO (March 18, 2017)—Thirteen housewares suppliers ranging from well-established brands to first-time exhibitors were honored as Global Honorees of the IHA Global Innovation Awards (gia) for product design today. The Global Honorees in each of 13 categories were announced during the invitation-only gia dinner on the first evening of the 2017 International Home + Housewares Show, now taking place through Tuesday, March 21 at McCormick Place here. Global Honorees are: Bath + Personal Care: Polder Products, LLC, 2-in-1 Hot Sleeve™ Cleaning: Sanimaid ApS, PARIS Toilet Brush & Wall Holder Cook + Bakeware: Kuhn Rikon Corp., Duromatic® Micro Microwave Pressure ... |
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Manischewitz Donates $50,000 to Anti-Defamation League in Fight Against Bigotry
NEWARK, N.J., March 23, 2017 /PRNewswire/ -- The Manischewitz Company, the largest producer of kosher food in North America, has pledged $50,000 to the Anti-Defamation League (ADL) to support efforts to combat recent anti-Semitic and anti-minority acts across the country. Since the beginning of the year, dozens of institutions have been the target of hateful threats. "During these challenging times, it's important for all of us to take a stand against intolerance," said David Sugarman, President of The Manischewitz Company. "We are proud to support the ADL and its advocacy for tolerance and inclusion. The ADL is a critical voice ... |
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Martha & Marley Spoon Expands Distribution with AmazonFresh
NEW YORK, March 14, 2017 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (Nasdaq:SQBG) (“Sequential” or the “Company”) and Marley Spoon, Inc. announced today that customers in select cities can now order Martha & Marley Spoon meal kits through AmazonFresh. Beginning today, AmazonFresh customers in the larger metro areas of New York, San Francisco, Dallas and Philadelphia can purchase a Martha & Marley Spoon meal kit that includes a delicious recipe and pre-portioned ingredients to cook a meal for two adults. Offering Martha & Marley Spoon products through AmazonFresh is an exciting new way for consumers to experience the convenience and ... |
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Teton Waters Ranch Names Walt Freese CEO
DENVER, March 8, 2017 /PRNewswire/ -- Teton Waters Ranch (TWR), a Denver-based producer of sausages, frankfurters and chili from 100% grass-fed beef, today announced that Walt Freese will join the company as Chief Executive Officer effective March 27, 2017. Jeff Russell, who founded the company in Teton Valley, Idaho in 2009, will continue in his role as founder and will focus on building the Teton Waters Ranch business by leading the continued development of its supply chain partners and network. "We are excited to have Walt join the team to grow the Teton Waters Ranch business," said Jeff Russell, Founder ... |
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Emmi Roth Sweeps Smear Ripened Hard Cheese Category at 2017 U.S. Championship Cheese Contest
MONROE, Wis., March 10, 2017 /PRNewswire/ -- Emmi Roth officially produces the best alpine-style cheese made in the United States. The company's Roth brand of signature alpine-style cheeses took home all three awards in the Smear Ripened Hard Cheese category at the 2017 United States Championship Cheese Contest on Thursday, March 9 in Green Bay, Wisconsin. The award for Best of Class in the category went to Roth® Grand Cru® Reserve with a score of 99.35, Second Place to Roth's Private Reserve with a score of 99.30 and Third Place to Roth® Grand Cru® Original with a score of 99.20. Each ... |
