--(www.USEquityNews.com)-- 09/10/2008 - Consumer Goods industry alert provided by U.S. Equity News. Unilever (NYSE: UL) r recently announced that it has completed the sale of its North American laundry business in US, Canada and Puerto Rico to Vestar Capital Partners (Vestar). Vestar, a leading global private equity firm, will merge the business with its existing operation, Huish Detergents Inc., to form a new company, The Sun Products Corporation (Sun Products).
Lancaster Colony Corporation (NASDAQ: LANC) announced recently that it will deliver a 25-minute presentation at the CL King Best Ideas Conference 2008 on Wednesday, September 17, 2008. The presentation will be webcast live via the Internet starting at 2:15 p.m. and will remain available on the company's website for 45 days. To listen to the webcast, go to www.lancastercolony.com, click on the webcast link on the home page and enter your registration information when requested. CL King & Associates, Inc., a registered broker/dealer and provider of value-oriented research, is headquartered in Albany, NY. The firm is holding its annual "Best Ideas" institutional investor conference in New York City.
NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran research and technology, announced recently the U.S. Chamber of Commerce Business Civic Leadership Center named NutraCea as a finalist for a Corporate Citizenship Award in the category of Corporate Stewardship, Small/Midsize Business. "There are many strong candidates for the Corporate Stewardship Awards this year," said BCLC Executive Director Stephen Jordan. "NutraCea and all of the other finalists have shown that truly great businesses don't just focus on the bottom line recently. They work for the future benefit of their customers, employees, communities and investors, as well." NutraCea is a finalist due to a combination of factors that reflect its recent social contributions and economic performance.
Continuing to deliver innovative technology solutions meeting the needs of consumer products companies, SAP recently announced that Kraft Foods (NYSE: KFT), maker of the world's favorite food brands, including Oscar Mayer meats, Philadelphia cream cheese, Maxwell House coffee and Nabisco cookies, has adopted the SAP NetWeaver(R) technology platform as the backbone of its trusted information and business transformation strategy. Kraft has deployed SAP NetWeaver(R) Master Data Management (SAP NetWeaver MDM) to integrate and consolidate data both from SAP and non-SAP legacy systems, enabling increased efficiency, more effective reporting and streamlined compliance. In less than nine months, Kraft's SAP NetWeaver MDM project rolled out data repositories focused on customer, product, vendor and materials data, to lay a foundation of comprehensive, real-time data as the company embarked upon a North American rollout of SAP's flagship enterprise resource planning product, SAP(R) ERP.
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