SOURCE: Industrial Info Resources

Industrial Info Resources

July 01, 2011 06:15 ET

McCormick Strengthens Second-Quarter Sales, Prepares for Indiana Line Addition, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 1, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Foods and seasonings manufacturer McCormick & Company Incorporated (NYSE:MKC) (Sparks, Maryland) yesterday reported increased sales and net income in the second quarter of the company's 2011 fiscal year. Net income was up 11% for the year, rising from $66.2 million in the first quarter of 2010 to $73.6 million in this year's second fiscal quarter.

Industrial Info's Food & Beverage Industry Database is tracking more than $18.4 billion in active Food & Beverage projects in North America. Earlier this month, McCormick celebrated the completion of a 75,000-square-foot warehouse addition, including 20,000 square feet of refrigerated space, at its seasonings production facility in South Bend, Indiana. McCormick is now preparing for the installation of a new production line at the facility.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to foodgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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