Cracker Jack’D announces new trail mix
PLANO, TX — Cracker Jack’D, a brand from Frito-Lay, announced the addition of Energy Trail Mixes to its line of products. The snack, available in Chocolate Flavored Cherry and Mixed Berry, will hit shelves this month.
The new trail mixes include a unique packaging structure that hold fruit bits in a separate pouch within the larger package, which helps to keep them tasting fresh while also ensuring that the granola and nuts stay crunchy. The seasoned mixed snack is ideal for young adults on the go, the company said.
Cracker Jack’D Energy Trail Mixes can be found in 4.5-5-oz. bags for a suggested retail price of $3.79.
Pfizer confirms merger discussions with AstraZeneca
NEW YORK — U.S. pharmaceutical firm Pfizer this morning confirmed discussions with AstraZeneca regarding a possible merger. If the transaction goes through, it’s expected that the two companies will combine under a new U.K-incorporated holding company.
Pfizer said it would expect the combined company to have management in both the United States and the United Kingdom, with head offices in New York. AstraZeneca was approached in January 2014 regarding a possible merger, but the company declined to continue with negotiations at that time.
“We have great respect for AstraZeneca and its proud heritage as an innovation-driven biopharmaceutical business with a rich science-based foundation in both the United Kingdom and Sweden. In addition, the United Kingdom has created attractive incentives for companies to manufacture products and maintain and protect intellectual property, and we have seen that capital and jobs have followed these types of incentives," Pfizer said. "“We believe patients all over the globe would benefit from our shared commitment to R&D, which is critical to the future success of the pharmaceutical industry, in the form of potential new therapies that help to fight some of the world’s most feared diseases, such as cancer."
Anda facilitates business relationship-building
PHOENIX — More than 350 executives who participated in Anda’s Seventh Annual Supply Chain Symposium Thursday and Friday here, including a record 25 retailer representatives, were treated to keynote addresses from sport legends Julius “Dr. J” Erving and four-time Super Bowl champion Joe Montana.
For the event’s golf tournament Friday afternoon, professional golfer Kenny Perry was on hand to provide a clinic and golfing anecdotes to attendees. Perry currently plays on both the PGA Tour and the Champions Tour, and won his first senior major championship on June 30, 2013.
Al Paonessa of Anda, Tony Mihelich of Anda, Joe Montana, and Bill Versosky of Anda
During lunch, attendees were given an update on pedigree legislation from HDMA’s SVP industry relations, membership and education Perry Fri.
“The Annual Supply Chain Symposium has grown into a great event,” said Al Paonessa, Anda president. Getting people together a couple of times each year — this is one event, and Anda does another in the fall — is an opportunity for Anda to help facilitate deals between its retail customers and manufacturers. “It’s not all driven by the lowest cost of goods; it’s driven by relationship-building, and there are things we can do to help facilitate what happens,” Paonessa said.
“We create an atmosphere to help [retailers and manufacturers] build relationships and do the things they need to do to bring value,” said Tony Mihelich, Anda VP purchasing. “In the end the retailer wins, the manufacturer wins and Anda wins.”
“The key to this event, what really does make it unique, is the casual atmosphere,” said Bill Versosky, VP sales and marketing for Anda. “We look at both the manufacturers and the retailers as our customers, so this [event is where] we bring all of our customers together and enable conversations between them to help grow their businesses.”
To see more photos from the Anda events, click here.