Word: packers
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...awesome Niagara of tomatoes amounting to about 80 million lbs. weekly will be picked, stemmed, stewed and squashed, processed into juice, sauces, catsup and paste. What ever the style, most of them will bear the bright red label of Hunt Foods & Industries, Inc., the world's largest packer and distributor of tomato products and the corporate creation of a remarkable and enigmatic businessman...
...sometimes angered it-but his career has its own internal logic. He left the University of California before graduating to set up his own sheet metal business, used his profits to buy a bankrupt orange juice company in Fullerton, Calif. He sold it to an old-line private-label packer called Hunt Brothers, then quickly moved in on Hunt and took over. During the World War II food shortage, he made lasting enemies of many wholesalers and grocery chains by stopping Hunt's longtime private-label canning for them to push products under Hunt's own name. After...
...canned corned beef. Last year Argentina got only $15.3 million of this business (one of its biggest customers: Campbell Soup Co. for its beef soups)-and it is working to get a lot more. The U.S. has now agreed to accept frozen cooked beef, provided it is from Argentine packers who meet U.S. Agriculture Department standards; only one packer has passed so far. This eventually could open up to Argentine beef the lucrative U.S. TV Dinner trade...
...followed plea to hold back time-consuming applause until the end of each turn. It was all in vain. The crowd greeted each name with a round of approval, especially heavy for such favorites as Douglas MacArthur, Cuban Exile Leader José Miró Cardona, Jonas Salk, Green Bay Packer Coach Vince Lombardi, General Omar Bradley, Judge Harold Medina and Casey Stengel. By the time Hope took over, midnight was near and introductions had to be com pressed to a simple announcement of each cover subject's name. But characteristically, Hope could not resist bringing the party back...
...ruin seemed just around the corner for California's Van Camp Sea Food Co., the world's largest tuna-fish packer. Trapped between the rising costs of U.S.-caught tuna and mounting U.S. sales of Japanese brands cheaper than its Chicken of the Sea, the company watched its once hefty profits dwindle to the vanishing point. Recalls one senior Van Camp executive: "It was a question of either dying here or going elsewhere...