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New President For Imperial Brown
Imperial Brown, the walk-in cooler/freezer manufacturer, has named Justin Sandall as its president. He succeeds Rick Schermerhorn, who will retire this year after nine years as president. Sandall has served as executive v.p., CFO and COO of the Portland, Ore., company. He will retain COO responsibilities. Imperial Mfg., established in 1970, acquired the 100-year-old W.A.…
FEDA Education Foundation Awards 2016 UID Scholarships
Two dozen individuals have received scholarships from FEDA’s Education Foundation for the 2016 University of Innovative Distribution program, March 6-9 in Indianapolis. This year’s recipients are: Casey Hamre and Ronald Santos, Ace Mart Restaurant Supply; Russ Pederson, Alcom; Jeffrey Pugh, Bargreen-Ellingson; Cecily Adams and Brian Knoll, Best Restaurant Equipment & Design; Colin Darcy, C&T Design…
Component Hardware Acquires Parts Supplier
Component Hardware Group has purchased Specialty Food Service Hardware and its related sister company, Vision Parts & Accessories. The Markham, Ontario-based companies supply components and parts to the foodservice and plumbing markets throughout Canada. Both will remain in their Ontario headquarters and continue to service their current customers while providing expanded coverage for Component Hardware…
Wholesale Food Prices Mixed In November; Menu Prices Up Again
Wholesale food prices rose slightly, up 0.3% at the final demand level in November, according to the latest data from the Bureau of Labor Statistics Producer Price Index. The gain, which comes on the heels of two consecutive month during which prices at the final demand stage fell 0.8%, was driven by an 11.8% jump…
AAA Forecasts Another Year Of Low Gas Prices
Gasoline prices sank below the $2 a gallon average over the New Year’s weekend and the outlook for 2016, according to AAA, is for another year of relatively low fuel prices. The drop in energy prices has been a significant factor in improved sales and traffic for foodservice operators throughout 2015. The average annual price…
NPD Forecasts 1% Traffic Growth Again In 2016
Visits to restaurants grew 1% in 2015, and finally regained the traffic lost during the long foodservice recession, according to data from The NPD Group’s CREST consumer data. And the Rosemont, Ill-based research firm predicts another 1% gain in 2016. “It has been a long slow recovery but the foodservice industry has recovered nearly all…
Cap-Ex Measures Remain Strong As Overall NRA Performance Index Slows
A pronounced softening in current same-store sales and traffic helped push the
New Year, New Minimum Wage In 14 States
After six years of the federal minimum wage holding steady at $7.25 an hour, 14 states and several cities are moving forward in 2016 with increases to their minimum wage. Alaska, Arkansas, California, Colorado, Connecticut, Hawaii, Massachusetts, Michigan, Nebraska, New York, Rhode Island, South Dakota, Vermont and West Virginia saw wage increases take effect January 1.…
California City Considers Equipment Requirements For Charbroiler Emissions
The San Joaquin Valley Air Pollution Control District is considering whether to regulate restaurants that use wood-fire cooking techniques. Although charbroiler emissions contribute only a tiny portion to the Valley’s bad air, the district is looking into requiring restaurants to install equipment to clean up smoke emissions and filter particles. The air district, which must…
WAI Completes Acquisition Of Gill Ashton Publishing
Wolters-Althoff Investments, LLC closed on January 1 its previously announced acquisition of and Gill Ashton Publishing, LLC. WAI, based in Chicago, is the private equity and venture capital arm of the Wolters Family Office headed by former owner and founder of CookTek, Bob Wolters. Evanston, Ill.-based GAP owns Foodservice Equipment Reports and other foodservice equipment-…
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