H. J. Heinz Company its subsidiaries manufacture and market a line of processed food products throughout the world. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant food and other processed food products. The Company’s products are manufactured and packaged to provide safe, wholesome foods for consumers, as well as foodservice and institutional customers. Many products are prepared from recipes developed in the Company’s research laboratories and experimental kitchens. Ingredients are selected, washed, trimmed, inspected and passed on to factory kitchens where they are processed, after which the intermediate product is filled automatically into containers of glass, metal, plastic, paper or fiberboard, which are then sealed. In August 2008, the Company completed the acquisition of Benedicta, a manufacturer of table top sauces, mayonnaises and salad dressings.
H.J. Heinz Company
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The Australia share market has fallen sharply with 3pc in minutes of the start of trading this morning, after Wall St tumbled overnight. The benchmark S&P/ASX200 index was down as much as 3.3%, or 148.5 points, to 4391.9 in early trading.
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