• Stock offering priced at Pinnacle Foods
Pinnacle Foods Inc. announced the pricing of the secondary offering of 17 million shares of its common stock to be sold by certain of its stockholders at a price to the public of $26.75 per share.
The underwriters will have an option to purchase up to an additional 2.55 million shares from the selling stockholders.
The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Pinnacle Foods. The offering is expected to settle and close on Dec. 17, subject to customary closing conditions.
Pinnacle Foods is a supplier to Wal-Mart Stores Inc. and operates a manufacturing facility in Fayetteville.
• Nestle Purina PetCare makes Employee Choice list
Nestle Purina PetCare Company recently received the Glassdoor Employees' Choice Award, recognizing the 50 Best Places to Work in 2014. Purina ranked 10th on this year's list.
The Employees' Choice Awards, now in its sixth year, rely strictly on the input of employees, who elect to provide feedback on their jobs, work environments and companies via Glassdoor's anonymous online company review survey.
"Being recognized is a great honor," said W. Patrick McGinnis, CEO, Nestle Purina PetCare Company. "I'm particularly proud of this award because it is based solely on input from the people who know our Company best – our excellent team of associates, who make Nestle Purina such an enjoyable place to work.”
The 50 Best Places to Work are determined using company reviews shared by U.S. based employees who elected to participate in the survey between Nov. 14, 2012 and Nov. 12, 2013. To be considered for the Best Places to Work list, a company must have at least 1,000 or more employees and have received at least 50 approved company reviews during the window of eligibility.
Nestle-Purina is a supplier to Wal-Mart Stores Inc. and operates a sales office in Rogers.
• New website unveiled by Snyder’s-Lance
Snack food company Snyder's-Lance announced that its redesigned corporate website is now fully up-and-running, providing key stakeholders with quick and easy access to the latest company news and insights.
"Although the previous website design included a wealth of information on our products and the Company, we felt that there was an opportunity to improve the way we delivered relevant information to our stakeholders," said Sid Levy, corporate spokesman. "By focusing more on our brands, the new site provides a richer user experience as a whole."
The new website is designed to provide visitors with quick and easy access to tools and company information. To experience the new site and explore its features, visit www.SnydersLance.com.
Synder’s-Lance is a supplier to Wal-Mart Stores Inc. with a sales office in Bentonville.