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Showing posts with label flowers bakery. Show all posts
Showing posts with label flowers bakery. Show all posts

Friday, June 26, 2009

Dr. Thomas Kollars, Chief Scientific Advisor for MIT and his New Biopesticide ProVectorTM Bti Designed to Eradicate Mosquitoes Featured on CNN

Dr. Thomas Kollars, Chief Scientific Advisor for MIT and his New Biopesticide ProVectorTM Bti Designed to Eradicate Mosquitoes Featured on a CNN inside Africa Report Concerning Malaria


(BUSINESS WIRE)--CNN recently aired a feature story on Dr. Kollars new invention the ProVectorTM Bti a flower containing the biopesticide Bacillus thuringiensis israelensis (Bti) for use in killing mosquitoes especially those transmitting deadly diseases such as malaria, dengue fever, rift valley fever, and others. (Copy and paste the following to your browser to see the CNN report) http://edition.cnn.com/video/#/video/international/2009/06/09/inside.africa.06.06.bk.c.cnn

What makes ProVectorTM Bti unique is, it is the first commercially available device to imitate a flower to which adult mosquitoes will come to feed on digesting the biopesticide Bti contained inside. It was designed with the philosophy of keeping “Green” and made of virtually indestructible plastic which reduces waste and it only allows mosquitoes to feed on it, eliminating the spread of pesticides into the environment. Dr. Kollars’ believes his invention will help to reduce mosquito populations down in geographical locations to threshold levels where in nature these types of diseases will cycle out of the mosquito population.

Forward-Looking Statements

Some of the information contained in this release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities and Exchange Act of 1934 the "Exchange Act"), which mean that they relate to events or transactions that have not yet occurred, our expectations or estimates for our future operations, our growth strategies or business plans or other facts that have not yet occurred. These statements can be identified by the use of forward-looking terminology such as "might," "may," "could," "expect," "anticipate," "estimate," "likely," "intend," "believe," or "continue" or the negative thereof or other variations thereon or comparable terminology. For an explanation of some of the risks and uncertainties facing MIT HOLDING and its investors, please see our most recent prospectus on file with the Securities Exchange Commission. The risk factors contained therein should be considered by prospective investors for their potential impact on forward-looking statements included in this release. These important factors, among others that might not be listed, may cause actual results to differ materially and adversely from the results expressed or implied by the forward-looking statements. We caution investors that such discussions of important risks and uncertainties are not exclusive, and our business may be subject to other risks and uncertainties, which are not detailed there.

Investors are cautioned not to place undue reliance on our forward-looking statements. We make forward-looking statements as of the date of this release, and we assume no obligation to update the forward-looking statements after the date hereof whether as a result of new information or events, changed circumstances, or otherwise, except as required by law.

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Tuesday, August 12, 2008

Flowers Foods Completes Merger With Holsum Bakery of Phoenix

PRNewswire-FirstCall/ -- Flowers Foods, Inc. (NYSE:FLO) today announced the completion of its merger with Holsum Bakery, Inc. Holsum will operate as a subsidiary of Flowers under its current name and with its existing management team.

Established in 1881, Holsum Bakery operates profitably on annualized sales of approximately $146 million from its two bakeries in the Phoenix area. The company sells its Holsum, Aunt Hattie's, and Roman Meal fresh breads and rolls through independent distributors that serve retail and foodservice customers in Arizona, New Mexico, southern Nevada and Southern California.

Headquartered in Thomasville, Ga., Flowers Foods, with annual sales of over $2.02 billion, is one of the nation's leading producers and marketers of packaged bakery foods for retail and foodservice customers. With the Holsum acquisition completed, Flowers now operates 39 bakeries that produce a wide range of bakery products marketed throughout the Southeastern, Southwestern, and mid-Atlantic states via an extensive direct-store-delivery network and nationwide through other delivery systems. Among the company's top brands are Nature's Own, Whitewheat, Cobblestone Mill, Sunbeam, Holsum, Aunt Hattie's, Blue Bird, and Mrs. Freshley's. For more information, visit www.flowersfoods.com .

Statements contained in this press release that are not historical facts are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to, (a) competitive conditions in the baked foods industry, including promotional and price competition, (b) changes in consumer demand for our products, (c) the success of productivity improvements and new product introductions, (d) a significant reduction in business with any of our major customers including a reduction from adverse developments in any of our customer's business, (e) fluctuations in commodity pricing and (f) our ability to achieve cash flow from capital expenditures and acquisitions and the availability of new acquisitions that build shareholder value. In addition, our results may also be affected by general factors such as economic and business conditions (including the baked foods markets), interest and inflation rates and such other factors as are described in the company's filings with the Securities and Exchange Commission.

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Tuesday, August 5, 2008

Flowers Foods Completes Acquisition of ButterKrust Bakery in Florida

PRNewswire-FirstCall/ -- Flowers Foods (NYSE: FLO) today announced that it has completed the acquisition of ButterKrust Bakery in Lakeland, Fla. In the transaction, Flowers purchased all of the issued and outstanding capital stock of the holding company of ButterKrust for cash.

ButterKrust Bakery operates profitably with annualized sales of approximately $70 million. ButterKrust has one bakery in Lakeland that employs 368 people and the company's fresh breads and rolls are available throughout Florida under the Country Hearth, Rich Harvest, and Sunbeam brands as well as store brands.

Headquartered in Thomasville, Ga., Flowers Foods, with annual sales of over $2.02 billion, is one of the nation's leading producers and marketers of packaged bakery foods for retail and foodservice customers. Flowers operates 36 bakeries that produce a wide range of bakery products marketed throughout the Southeastern, Southwestern, and mid-Atlantic states via an extensive direct-store-delivery network and nationwide through other delivery systems. Among the company's top brands are Nature's Own, Whitewheat, Cobblestone Mill, Sunbeam, Blue Bird, and Mrs. Freshley's. For more information, visit www.flowersfoods.com .

Statements contained in this press release that are not historical facts are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to, (a) competitive conditions in the baked foods industry, including promotional and price competition, (b) changes in consumer demand for our products, (c) the success of productivity improvements and new product introductions, (d) a significant reduction in business with any of our major customers including a reduction from adverse developments in any of our customer's business, (e) fluctuations in commodity pricing and (f) our ability to achieve cash flow from capital expenditures and acquisitions and the availability of new acquisitions that build shareholder value. In addition, our results may also be affected by general factors such as economic and business conditions (including the baked foods markets), interest and inflation rates and such other factors as are described in the company's filings with the Securities and Exchange Commission.

Tuesday, June 24, 2008

Flowers Foods Announces Merger With Holsum Bakery of Phoenix

PRNewswire-FirstCall/ -- Flowers Foods, Inc. (NYSE:FLO) today announced it has entered into a definitive merger agreement with Holsum Bakery, Inc. The agreement is subject to regulatory approval under the Hart-Scott-Rodino Act and other conditions. The merger will be structured as a merger of a wholly owed subsidiary of Flowers in exchange for cash and Flowers stock. The announcement was made today by officials of both companies.

Holsum Bakery, which operates profitably on annualized sales of approximately $146 million, is a family-owned business with two bakeries in the Phoenix area. The company employs 580 people and sells its products through independent distributors that serve retail and foodservice customers in Arizona, New Mexico, southern Nevada and Southern California with fresh breads and rolls under the Holsum, Aunt Hattie's, and Roman Meal brands.

George E. Deese, Flowers Foods' chairman of the board, chief executive officer and president said, "We are fortunate to have this fine organization merge with Flowers Foods. The Eisele family name is one of the oldest and most respected in the baking industry. Holsum and Flowers have similar operating strategies and business ethics. This merger of Holsum and Flowers further strengthens our operations and brings new talent to our company. We look forward to the growth opportunities the merger will provide as we strategically expand our geographic footprint and continue to build value for our shareholders."

Commenting on the merger, Ed Eisele, president and majority owner of Holsum, said, "Our team is pleased to become part of Flowers Foods. Our companies have a shared commitment to the highest quality products, excellent customer service, and constant innovation and investments to keep our bakeries the best in our industry. It also is important to note that the culture within Flowers and Holsum is nearly identical and this will be a great fit for both organizations. We truly look forward to expanding into new geographies with an even broader product line than we have today."

Deese noted that Eisele will continue to lead the business when the merger is completed. Holsum Bakery, Inc. will operate under its current name as a part of Flowers Foods. "Under Ed's leadership, Holsum Bakery has achieved strong sales and earnings growth and we expect that growth trend to continue once the merger is accomplished," Deese said.

Holsum Bakery, Inc., established in 1881, is Arizona's oldest family-owned business. Holsum provides fresh bakery products to retail and foodservice customers in Arizona, New Mexico, Southern California, and southern Nevada. Holsum is the market-share leader in the region with its Holsum, Aunt Hattie's, and Roman Meal breads and rolls. Operating two bakeries in Arizona, Holsum has a reputation for quality, freshness, and nutrition.

Headquartered in Thomasville, Ga., Flowers Foods, with annual sales of over $2.02 billion, is one of the nation's leading producers and marketers of packaged bakery foods for retail and foodservice customers. Flowers operates 36 bakeries that produce a wide range of bakery products marketed throughout the Southeastern, Southwestern, and mid-Atlantic states via an extensive direct-store-delivery network and nationwide through other delivery systems. Among the company's top brands are Nature's Own, Nature's Own Whitewheat, Cobblestone Mill, Sunbeam, Blue Bird, and Mrs. Freshley's. For more information, visit www.flowersfoods.com.