September 4, 2013
Second Quarter Equipment and Supplies Sales Surge 6.1 Percent
Foodservice equipment and supplies sales for the second quarter of 2013 increased by 6.1 percent compared to the same period in 2012, according to data from the Business Barometer released by the Manufacturers’ Agents Association for the Foodservice Industry. This represents the single largest gain in the 11-year history of the MAFSI Business Barometer, according to the association. MAFSI members had projected a 3.1 percent increase in sales for the period.
Restaurant Performance Index Remained at More Than 100 in July Despite Softer Sales and Traffic Levels
The National Restaurant Association’s Restaurant Performance Index (RPI) declined for the second consecutive month in July. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 100.7 in July, down 0.6 percent from June’s level of 101.3. Despite the decline, the RPI remained at more than 100 for the fifth consecutive month, which signifies expansion in the index of key industry indicators.
Despite Going Backward the Restaurant Industry Still Moved Forward in July
The National Restaurant Association’s Restaurant Performance Index retreated for the second month in July but still was in positive territory, which signals growth among the key industry segments the survey tracks. The report also indicates that most operators continue to move forward with capital expenditures. Also, this week we take a look at why Gross Domestic Product data managed to be reassuring, alarming and a whole lot more.
QualServ Adds to Sales Team
Jim Hoverman has joined QualServ Corporation, an Arkansas-based foodservice equipment dealer as a foodservice channel sales engineering expert. Hoverman will be based out of the Dallas-Ft. Worth area and will serve a national client base.
Frontline Names New Product Design Engineer
Frontline International, manufacturer of Smart Oil Management Systems for waste oil, oil filtration and fresh oil systems in foodservice, named Max Palazzo product design engineer.
Tondelli Joins FMP
Phil Tondelli is the new director of business development for Franklin Machine Products (FMP).
Karssiens Takes on New Role at Manitowoc
Manitowoc Foodservice introduced Chris Karssiens as its new executive vice president of foodservice Asia Pacific (APAC). In his new role, Karssiens will oversee Foshan, Hangzhou, and Singapore operations as well as the company’s joint venture company near Bangkok.