Premier says goodbye to £75m bread contract

first_imgPremier Foods has revealed that it will not be renewing a £75m bread contract with a multiple retailer from mid-2013, as it looks to focus on more profitable operations.The firm, which published its interim management statement this morning (23 October) for the three months to 30 September 2012, said the contract, which accounts for approximately £75m in annual sales, has “very low margins”, was costly to service and would not affect its 2012 performance.A company spokesperson told British Baker that Premier Foods would not disclose details of the individual customer, however, analysts have hinted that the own-label contract is worth up to half of Premier Foods’ own-label bread business.Premier reported a rise in sales and market share for its Hovis bread brand during the last quarter, as underlying sales increased by 2% to £364.7m. Sales for its Power Brands, including Hovis and Mr Kipling, also increased by 2% to £206.1m.Damian McNeela, analyst of consumer staples at Panmure Gordon, said: “In bread, overall sales were flat, with Hovis delivering both sales growth and market share gains, although these were not material. “There is a degree of ebb and flow to the non-branded bread business and although the margins associated with the lost contract are low, it is a larger-than-average contract and hence the company have disclosed it.”Michael Clarke, chief executive, Premier Foods, said: “I’m delighted that we’ve grown sales of our Grocery Power Brands for a third successive quarter, despite the challenging consumer environment. Following recent divestitures we expect to deliver a further £20m of overhead cost reductions in 2013, over and above the £40m of savings we will deliver in 2012.“We are also continuing to work to unlock the value in our bread business, through taking the necessary decisions to improve sustainable profitability. We have a solid programme in place for the important Christmas training period and our full-year expectations are unchanged.”Non-brands sales also grew by 9.7% during the three-month period, which the company said reflected contract gains in its cake division and pricing benefits.Premier Foods’ Grocery Power Brands delivered year-on-year growth of 4.1% in the nine months to 30 September 2012.last_img read more

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Apartment complex developer says tide is about to turn for long suffering Cairns unit market

first_imgCambell Balderson of Keir Constructions and Nicholas Slatyer of Belle Property in front of the new apartments at Yorkeys Knob. Picture: BRENDAN RADKETHE developer of a Yorkeys Knob unit complex has indicated that more Far North apartment projects could be on the horizon.While new unit complexes have been as rare as hen’s teeth in Cairns over the past seven years, Whitehaven Apartments on Wattle St is now “100 per cent complete”.Developer Troy Price, owner of Price & Partners, said interest had been “very strong” in the 21 two-bedroom units.“We’ve sold about 14 … they might go close to being sold out by Christmas,” he said. The project comes about eight years after Mr Price’s last Far North residential development – a block of luxury townhouses at Clifton Beach. While based in Brisbane, he has strong family ties to the tropics.Mr Price’s grandfather Pat moved to the region after World War II and developed a Port Douglas resort, while his dad Wayne is well known in local construction circles.When asked whether his company would look to pursue more unit developments in the Far North, the businessman was forthright. “Definitely. Without a doubt,” he said. “We’re very confident in Cairns. You’ve got an increase in tourism, both international and domestic.”More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days agoKeir Constructions have completed work on the Whitehaven Apartments unit complex on Wattle Street, Yorkeys Knob. Picture: BRENDAN RADKEThe unit complex was built by local company Keir Constructions, while Belle Property will drive marketing of the apartments, which start at just under $430,000.Belle Property Cairns principal Nicholas Slatyer Whitehaven Apartments offered a great “bang for your buck”.“It’s one of only two or three new apartment complexes built in Cairns over the past seven or eight years, and among the highest quality that I’ve seen,” he said. Mr Slatyer believed the new Yorkeys Knob complex was an indication of long-awaited change for Cairns’ unit sector.“I think this is the very beginning, the first sign of a unit market that’s on the cusp of recovery,” he said. “The unit market has been tightening over the past five years, especially in the CBD.“If you’ve wanted to buy a residential-style apartment in Cairns City, there’s been limited choice.“I think the real fireworks will be in the second half of 2018 – once the full scope of what’s under construction in the Cairns CBD is felt, we won’t recognise the marketplace.”last_img read more

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Career-best season helps DeVries soar to eight feature wins, IMCA Lady Eagle award

first_imgSPENCER, Iowa ­­– You’d never guess that there was a time when it was tough to get Kaytee DeVries to the track.Now she’s often the one who decides what track to go to.DeVries made 74 starts in her third Mach-1 Sport Compact season. She had the highest point total among the more than 200 female drivers in eight IMCA divisions to earn her career-first De­sign 500 Lady Eagle award.“We were eager to get the season started so we went to Spring Nationals at Beatrice,” said DeVries, who competed with husband Jay on 73 occasions in 2015. “I was doing pretty good when somebody told me I was leading the Lady Eagle points. That’s when I decided to go for it.”Racing as often as five times a week, DeVries traveled to 10 different tracks in three states. Her efforts were rewarded with eight feature wins and 31 top-five finishes.Most of the tracks DeVries raced at regularly are less than 45 minutes away. Hancock County Speedway in Britt is the furthest tow while Clay County Fairgrounds is conveniently located in her hometown of Spencer.“I do really well on the big tracks and they get some of the best car counts,” said DeVries. “This was the best year of my career and I think a lot of that is seat time and the advice I get from Jay. Our driving styles are different but he’s raced since 2006 so there’s a lot I’ve been able to learn from him.”Seventh in the national standings, DeVries was runner-up to her husband in Allstar Performance Iowa State and Buena Vista Raceway, Clay County Fairgrounds ­­­– where Jay got the title via tie­breaker ­– and Kossuth County Speedway track points.“It’s not easy to race with Jay,” said DeVries, also third points-wise at Nobles County Speedway, fourth at Hancock County Speedway and seventh at Jackson Speedway in Minnesota. “We are both very competitive.”Jackson, one of those big dirt ovals DeVries likes so much, yielded the July 11 feature win that ranked as one of her season highlights.“Jay and I both started in the back row that night and worked our way to the front,” she said. “I won and he finished second so it was a good night for both of us.”Jay also had 74 starts this season. He went to watch when Kaytee finished fourth in her first-ever visit to Redwood Speedway on Aug. 2, then test-drove her car to a feature win 13 days later at Britt.With serious repairs kept to a minimum this season, most regular maintenance work on the DeVries’ regular cars ­– they also have a backup ride just in case ­– was done on Sundays and Mondays. Crewman Dilan Laubenthal helped keep all three cars race-ready.Kaytee is sponsored by Creative Spirits of Okoboji, Clean Edge Flooring of Spirit Lake, Twisted Tattoos of Milford, Luby’s Service Center of Terrill, Wise Construction of Sioux Rapids, Black Earth Java and D-Lube Motorsports, both of Spencer, Central Bale and Grind of Estherville and Fahlenkamp Electric of Hartley.DeVries was a reluctant spectator when she started dating Jay, but developed an interest in rac­ing herself and began wheeling a novice hornet at Fairmont in 2010. She won the track champion­ship in that class at Algona just two years later.“I didn’t like racing at first. Now there are nights when I’m the one who decides where we go,” she said. “One of the things I like most about this class is that it’s affordable. If we moved up to an­other class, we wouldn’t be able to race as much and I don’t know what we’d do because racing has become such a big part of our lives.”last_img read more

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Ronald Fred Zoller

first_imgRonald Fred Zoller, 83, of Moores Hill passed away Saturday, June 15, 2019 at Highpoint Health in Lawrenceburg.  Ron was born Thursday, September 12, 1935 in Cincinnati, Ohio, the son of Fred and Helen (Wagner) Zoller.  He married Joan Hamant on September 24, 1960, and she survives.  Ron joined the National Guard in Cincinnati while still attending Greenhills High School in Cincinnati, OH and served in a field artillery fire control unit.  He served in the National Guard until he joined the U.S. Marine Corps in September of 1955.He served in the 3rd Battalion, 12th Marines.  Ron took his basic training in San Diego, CA, and then infantry training at Camp Pendleton in CA.  After basic and infantry training, he served at Kaneohe Bay in HI until March of 1958.  After returning from Hawaii, he spent the last six months of duty at Quantico Marine base in VA until he was honorably discharged Sept. 15, 1958.  He served in the reserves until he was discharged in January 1963.  Ron attended Central Academy of Commercial Art; worked as a lithographer at Standard Publishing Company in Mt. Healthy, OH for 37 years and retired from there in 1995.  Ron was a member of multiple organizations including: a 50 year member of E.T. Carson F & AM Masonic Lodge # 598 in Cincinnati, OH; Mt. Sinai United Methodist Church; Southeastern Indiana Art Guild; G.C.I.U.  Local #508; was active in the Mt. Healthy, OH and Milan/Moores Hill Cub Scouts and R.S.V.P. pen pal program.  His hobbies included artwork: drawing and watercolor painting; reading; word puzzles; bowling; and horseshoe pitching.Ron is survived by wife, Joan of Moores Hill; his three sons: Jeffrey (Cindy Ollier) of Guilford, IN, James (Jamie) of Erlanger, KY, and R. Joseph(Kelly Riehle) of Moores Hill, IN; 6 grandchildren: Jack (Isabella Gentile) Zoller of Milwaukee, WI, Lydia Zoller of Erlanger, KY, Morgan Zoller of Lawrenceburg, Jill Zoller of Indianapolis, Madison Zoller (Zachery) Roberts of HI, and Carly Zoller of Versailles; special grandchildren: Makenna, Kiersten and Kennedie Dixon; brothers Fred and Alan (Lillian) Zoller.   He was preceded in death by his parents; sister Laura and brother-in-law Mike Enwright.A service celebrating his life will be held 10 AM Thursday, June 20 at Mt. Sinai United Methodist Church, 9813 Mt. Sinai Road, Aurora, IN 47001 with Pastor LaJo Dunbar officiating.  Burial will follow in Forest Hill Cemetery in Moores Hill with full military rites provided by the Moores Hill American Legion Post #209.  Family and friends may gather to share and remember him 4 – 8 PM Wednesday, June 19 also at the church.  Memorials may be given in honor of Ron to Mt. Sinai United Methodist Church, Ripley Crossing Activity Fund or Donor’s Choice.  Sibbett- Moore Funeral Home entrusted with arrangements, Box 156, Moores Hill, IN 47032, (812) 744-3280.  You may go to www.sibbettmoore.com to leave an online condolence message for the family.last_img read more

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Alpena County Preps For Statewide Ballot Recount

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisA federal judge has ruled that a statewide recount of Michigan’s presidential ballots is mandatory and must be completed by December 13th. Here in Alpena County, the Clerk’s Office is working with surrounding communities to complete the tedious process. The recount comes after a motion filed by Green Party Presidential Candidate Jill Stein, who claims that machines used to count ballots in Michigan, are extremely unreliable and prone to error. For the recount, counties in Michigan will be pressured to train and hire workers to count ballots for the day, a reason why the Michigan Republican Party is upset with the ruling. Alpena will be a regional hub for the process and together with Presque Isle and Montmorency Counties will count ballots at the Hillman Community Center this Sunday. The process is tedious but is expected to take just one day. “We’ll be verifying the seals on the containers to be sure if they match the poll books, then if they match, we will open the containers and do a physical count of the ballots that are in there and dividing them into piles by the candidates, and verify the number of votes each candidate has received,” says Alpena County Clerk Bonnie Friedrichs. Higher–ups in the Michigan Republican Party are voicing their distaste for the ruling, with party Chairman Ronna Romney McDaniel saying they are outraged that Jill Stein is trying to use the courts to change the outcome of the Michigan election; adding that she believes the recount is an incredible waste of Michigan taxpayers’ money. Many people are questioning the reasoning for a recount, as experts do not expect the outcome of the election to change.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: alpena, ballot, jill, MICHIGAN, presidential, recount, steinContinue ReadingPrevious Ella White Holds Their Annual Christmas Bazaar and Bake Sale to Improve Materials in the ClassroomsNext Project Blue Light Event In Alpenalast_img read more

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