Within this group, dairy, meat, and “other” processors saw considerable growth, with the dairy industry doubling mergers from 2012. It means that some food processors will close plants to eliminate redundancy, while others will be able to serve a wider geographic swath of consumers in various regions than they had before. Sieber cites emerging markets such as those in Asia, and more demand for pork as diets change.
Retailers made up 13 percent of all food industry mergers in 2013, in part because of the “exceptional year that supermarkets had,” says The Food Institute.Olympic Steel was founded in 1954 by brothers Sol and Morris Siegal and Sam Sigel.Initially, it was a metals trading company and owned no facilities.).This technology enhances quality, lowers scrap rates, and increases velocity for small orders in a variety of polymer systems. “Our investment in equipment and improved processes is a reflection of our dedication to leveraging strengths from our existing business and finding new ways to meet the needs of our growing customer base,” said Ryan Howley, president.“Enhancements in our Batavia operations will help us to develop an even stronger Midwest presence and extend our long-term focus on creating industry-leading materials design solutions.” The 80,000 square-foot Batavia plant opened in fall 2013.The next year, the facility was again expanded to 56,000 square feet (5,200 m).