Challenges faced by Glanbia's dairy production unit do not appear to be affecting its goal of a 20% profit increase from the same time in 2006, the company said. Glanbia credited its increases to diversified dairy, ingredients and agribusiness production operations, and expects to continue focusing on an operational growth strategy.
Coca-Cola filed criminal complaint against Danone in Argentina, charging that Danone marketing executives engineered a Web-based, word-of-mouth campaign to undermine its Dasani brand water, including claims that Dasani is bottled tap water.
The string of recent food-safety breaches has galvanized industry leaders, critics and politicians to push for a stronger federal food-safety platform. The Coalition for a Stronger FDA, for example, is lobbying for FDA reform and federal regulations, but the FDA says it can achieve food safety with voluntary safety guidelines.