Tuesday, November 14, 2017

Premium Brands has record sales, profits

Premium Brands, which continues to buy new food-processing companies, reports record revenues of $557.6 million, an increase of 15.9 per cent, and earnings of $23.3 million, an increase of 6.8 per cent compared with a year ago.

The company began to market sandwiches from its new plant at Phoenix, Arizona, and bought three companies -  Partners, A Tasteful Choice Company; Leadbetter Foods Inc., and Skilcor Food Products.


It says it expects to make several more purchases before the end of the year.