Cerniglia is a distributor of Italian specialty foods.
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Distributor of packaging, paper and foodservice supplies, says new facility will provide more room for growth.
Manufacturer faced increasing raw material costs in the first quarter.
Acquisition complements U.S. Foodservice’s needs in Indianapolis area.
Organic sales for the diversified global manufacturer increased 9 percent for the year.
For the first six months, sales for the foodservice company increased 6.6 percent.
The manufacturer recorded a net loss for the quarter of $63.8 million.
Author: “Current relationships can no longer be viewed as business as usual.”
Ledyard is a distributor of food, equipment and jan-san supplies.
Distributor of foodservice paper, jan-san, restaurant equipment and food products expands.
Food cost inflation primary driver of sales growth for the foodservice company.
The manufacturer recorded a profit of $1.4 million for the quarter.
Organic sales for the diversified global manufacturing company increased 7.9 percent during the quarter.
The foodservice distributor denies any wrongdoing in five-year-old case.
Fourth-quarter sales for the foodservice distributor were up 13.9%.
For the fist six months, sales for the manufacturer of packaging and performance-based materials increased 7 percent.
Sales growth was primarily in the Construction Materials, Engineered Transportation Solutions and Interconnect Technologies segments.