April 12, 2017
Franke Acquires Sertek
Franke Foodservice Systems has acquired Sertek LLC, a manufacturer of core fabrication used in quick-serve restaurant’s kitchens and dining rooms.
Restaurant Locations Increased 3 percent in 2016
As of March 2017, the number of restaurants in the U.S. totaled 700,700 locations, according to data from CHD Experts. This represents a 3 percent increase compared to March of 2016.
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Restaurant Acquisition Analysis, Ongoing Foodservice Hiring, and Shifts in Consumer Buying Trends
What’s behind the restaurant acquisitions? Foodservice hiring rolls on in March. Former restaurant CEO says consumer buying shifts are bringing upheaval. Ruby Tuesday looks to salad bars for salvation. These stories and a whole lot more This Week in Foodservice.
FE&S’s 2017 Distribution Giants Study
The results indicate 2016 served the top 100 foodservice equipment and supplies dealers well as sales totaled $9.022 billion, up almost 15 percent compared to the year prior.
Energy Star Recognizes Several Foodservice Equipment Manufacturers
The U.S. Environmental Protection Agency and the U.S. Department of Energy recognized a series of foodservice equipment manufacturers with its 2017 Energy Star Partner of the Year Award. The foodservice equipment manufacturers named Energy Star Partner of the Year are Hoshizaki America, ITW Food Equipment Group and Welbilt.
ITW to Promote Mohamed to VP/GM of
Mihyar Mohamed will become vice president and general manager of North American cooking for ITW’s Food Equipment Group, effective June 1. He will replace Tim Murray, who will retire at the end of May after having spent 39 years with the company.
Affinis Adds to its Team
Affinis Group, parent company for Parade Plastics, SaniServe and SecoSelect, added two new employees to its team and promoted another.
Ruby Tuesday Names James Hyatt President and CEO
Ruby Tuesday Inc. has named James “Jim” F. Hyatt II as president and CEO and a member of the board of directors, effective immediately.