Eric Dell, executive vice president of the National Automatic Merchandising Association (NAMA), has been named president and chief executive officer of the American Bakers Association, effective Jan. 1.
The Consumer Price Index for baked foods and cereal products increased 0.6% in October, the smallest month-over-month gain since it advanced 0.5% in December 2021, according to the Bureau of Labor Statistics of the US Department of Labor.
Foodservice equipment manufacturer Middleby Corp. acquired Escher Mixers, an industrial bakery equipment supplier. Financial details of the transaction were not disclosed.
Sluggish consumer demand ate into IFF volume numbers in the third quarter ended Nov. 30. Volume was challenged in two IFF segments, Nourish and Health & Biosciences, said Glenn Robert Richter, chief financial officer, in a Nov. 8 earnings call.
Grupo Bimbo, SAB de CV has committed to build a new baking facility in Zanesville, Ohio, according to JobsOhio, a private economic development corporation.
One of the more salient points made during the recent International Baking Industry Exposition came from Rick Oleshak, vice president of marketing for AB Mauri.