Discover the recipe for export success in Europe’s agri‑food sector
Are you looking to spice up your business? Join the Canadian Trade Commissioner Service (TCS) at Food Ingredients Europe (FIE), the world’s leading global food ingredients show.
The event brings together industry leading food and beverage suppliers, R&D, production and marketing specialists to showcase a wide range of innovative new ingredients and services. Participants will Gain valuable insights and market intelligence, Increase visibility of their products and services, Meet potential customers and partners.
The TCS will host a special networking event and will provide Canadian participants with on‑the‑ground expertise on the European agri‑food sector. Date: November 28‑30, 2017 Location: Frankfurt, Germany
Leveraging competitive intelligence training to grow your business
October 23 at the Venn Innovation Center, 735 Main Street Moncton. Get ready to win. Generating insights on your business is vital for every organization. This upcoming training with Dr. Jonathan Calof on competitive intelligence will teach you how to win and keep winning! For more information and to register
Proposed Tax Changes Affects Family Business
A few years ago, Crosby’s Molasses landed a major contract with a large North American food and beverage company. The company undertook a $7.5-million expansion at their Saint John facility and hired 25 new people. It was a significant period of growth for the 138-year-old company, made possible in part by the cash reserves they had to make the necessary investments.
In a recent interview at Crosby’s head office and production facility, company president James Crosby said another future upgrade of this kind would be difficult if the Liberals adopt the proposed changes to the way incorporated businesses are taxed. The cash they hold in reserve would be taxed at a much higher rate, he says, so they would have less money to invest.
Atlantic Beef Products ships to U.S. for 1st time
Half a tractor-trailer of Island beef was shipped from Atlantic Beef Products to the U.S. for the first time last month.
The P.E.I. company says its plant in Albany is now operating at capacity and ready to expand.
"We have grown our market significantly over the past few years to the point where we are now looking to make this plant bigger in the next year or two," said Russ Mallard, president of Atlantic Beef Products
Perennia Food and Agriculture Inc. and the Atlantic Food and Beverage Processors Association have partnered to bring together leading businesses in Atlantic Canada to hear from industry experts including the Conference Board of Canada about the Future of Food in Atlantic Canada. This one day Summit will involve an overview of food performance in all Atlantic Provinces from the Conference Board of Canada’s 2016 Provincial Report on Food as well as a short and medium term economic and profitability outlook for Atlantic Canada’s agri-food and seafood manufacturing sectors. Leading experts in the Atlantic Canadian Food sector will provide high level insights and thoughts on how businesses can best look to the future opportunities for Atlantic Canada. The Atlantic Food Summit 2017 is bringing leaders in food related businesses together to keep food at the forefront of economic success in the region. The day will focus on opportunities, how to best change and adapt to make the food sector more competitive, enhance market access and highlight our brand recognition on the world stage together. The industry driven focus of this one day summit will allow for like-minded entrepreneurs to connect, engage and build opportunities in the sector.
Doing Business in the US
Doing business in the United States is becoming more complicated. ONB is offering a course led by trade expert Birgit Matthiesen, this session will explore various aspects of doing business in the United States including:
Mills Seafood Reopens
Mills Seafood, a long-time staple of the Bouctouche economy, resumed operations on Thursday, after finding a new owner.
The seafood processing plant that closed last September, putting more than a hundred people out of work. Employees said they just received a call one morning telling them to pick up their stuff because the plant would not reopen again.
Craft Beer sales skyrocket, as people are searching to try different flavors.
The new, low price of domestic, mainstream 24-packs of beer in New Brunswick doesn't appear to be
hurting the craft beer market, which has seen a 45 per cent increase in sales since last summer.
To read more Craft beer Skyrockets.pdf
2017 Summer Fancy Food Show- New York
TOP 10 DISCOVERIES
by Peter M. Hargrove • June 27, 2017 • Comments Off on 2017 SUMMER FANCY FOOD SHOW TOP 10 DISCOVERIES
What interesting times we live in. The retail industry is crashing and burning due to e-commerce (Macy’s, Payless, Sears/KMart, Radio Shack, J.C. Penney, The Limited, American Apparel etc.) Greedy landlords who have been jacking rents through the roof for years and leveraged their portfolios to buy more over-priced real estate are now facing the grim reaper as their major anchor tenants have walked away from long term leases. The vulture capitalists are circling the carrion. The unlikely knight in shining armor turns out to be low profit margin supermarkets who have figured out they don’t need 100,000 square feet when 40,000 will do.
New Brunswick Companies Recognized for Outstanding Export Performance
The New Brunswick Export Awards recognize outstanding export performance by New Brunswick-based companies in the international marketplace. The Awards aim to celebrate the business savvy, entrepreneurial spirit, and innovation of businesses located in the province that have achieved either recent and/or ongoing success in developing new markets.
Award winners are selected by a judging panel made up of carefully selected business experts from the private sector and academia. Judges are chosen based on their knowledge of the New Brunswick business community and their understanding of international trade.
The 2017 awards ceremony was held last night at the Edmundston Convention Centre, with companies being honored in six categories. Read more about the outstanding achievements of many of our members!