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Canadian Operators Continue To Buck Economic Slowdown
The Canadian economy has been sputtering since the crash in oil and other commodities prices began in mid- 2014. Real gross domestic product rose only 1.2% in 2015, down from 2.5% the year prior. Employment and consumer confidence fell through most of 2015. But in spite of the slowdown, restaurant operators have continued to see…
Technomic Forecasts Another Decent Year Of Operator Growth In 2017
Anticipating that the economic fundamentals that drive foodservice sales will remain positive, Technomic Inc., the Chicago-based foodservice research firm, forecasts that total industry sales will grow 4.9% in current dollars and 2.3% after menu price inflation of 2.7% is factored out in 2017. The firm released its revised forecast for 2016 and its preliminary forecast…
Middleby Acquires Follett
The Middleby Corp. has acquired Follett Corp., the Easton,, Pa., manufacturer of ice machines, ice and water dispensing equipment, ice storage and transport products and medical grade refrigeration products for the foodservice and healthcare industries. Follett has approximately $140 million in annual revenues. Financial terms of the deal were not disclosed. “Follett offers unique product…
Why We’re Not Writing About FoodServiceWarehouse
A number of you have asked us why we’re not writing about FoodServiceWarehouse, the Internet enterprise started and owned by members of the PRIDE dealer marketing group. The company has fallen on hard times during the past 12 months or so. Since included among those asking are a former president of NAFEM and a former…
Russell To Distribute Stoelting In Canada
Stoelting Foodservice/Vollrath Co. has tapped Russell Food Equipment Ltd. to manage equipment sales and service for the Canadian provinces of Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island, Manitoba, Saskatchewan, Alberta, and British Columbia. Headquartered in Vancouver, B.C., Russell operates 14 branches coast to coast.
Oliver Elevates Three Sales Vets
Three company veterans have been promoted to leadership positions at Oliver Packaging & Equipment Co.’s food equipment division. “As Oliver continues to grow we need to insure the company is properly positioned,” stated Ken Goodwin, president of the Walker, Mich., manufacturer. These promotions and position changes are in recognition of the individuals’ past efforts, which…
EveryWare Global Taps P&G Veteran For CEO Post
Patrick Lockwood-Taylor has been appointed the new CEO of EveryWare Global, the Lancaster, Ohio, marketer of tabletop and food preparation products formed through the merger of Anchor Hocking and Oneida Ltd. in March 2012. “We are very pleased to have attracted an executive of Patrick’s caliber to EveryWare Global,” said David Weinstein, chairman of the…
Burkett Celebrates Grand Opening
A year before marking its 40th anniversary, Burkett Restaurant Equipment & Supplies is celebrating the grand opening celebration of its new Perrysburg, Ohio, headquarters. A week of festivities, demos and customer-appreciation days kicked off May 16 at the dealer’s new 95,000-sq.ft. facility. The renovation is integral to future growth for the dealership. While the building’s…
Ali Appoints Sales VPs At Victory, Beverage-Air
Two major appointments have been made at Ali Group-North America’s Refrigeration Division. Alexander Tappé, who has been serving as director of sales at Victory Refrigeration, has been promoted to Vice President of Sales. Erica Motes, who had been serving in the same post at Beverage-Air, has been named that company’s Vice President of Sales. Tappé…
PRIDE Unveils New CEO
PRIDE Marketing and Procurement, the dealer/shareholder-owned buying group, has appointed Karin Sugarman as its new Chief Executive Officer. Sugarman started her career in the foodservice equipment industry with PRIDE in 1992, eventually becoming executive v.p. until her departure in 2012. She expanded her experience in the industry while working on special projects for Scotsman Industries…
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