date:Sep 11, 2013
on brands, BG Foods believes it is taking over a brand that was mismanaged.
This is a business that the prior owners who bought it in 2008-09 consolidated plants and really built what we would call a superplant in North Carolina, Bob Cantwell, chief financial officer and executive vice-president of finance for BG Foods, said during the Barclays Back-to-School Conference held Sept. 4 in Boston. They spent over $100 million on machinery in this plant. They had huge expectations for this brand. Th