Restaurant Equipment Events

Wednesday, February 27th, 2008

Restaurant Equipment Events: What To Do in 2008

Yes, it’s already the end of February, but there are still tons of exciting restaurant equipment events in 2008. Everyone in the restaurant equipment industry will attend to represent themselves at expos, conferences, and food festivals around the world, to form a veritable “booth camp” of restaurant equipment industry experts.

The next big restaurant equipment event is coming up pretty soon. The Bear Stearns 14th Annual Retail, Restaurants & Consumer Conference will kick off on Tuesday, March 4th at 3:00 pm EST at the Bear Stearns headquarters in New York City. Presenters include Mike George, president and CEO of QVC, Inc., Safeway, Inc., and Wyndam Worldwide, to name a few.

International Restaurant Equipment Events

Looking to travel and represent? Then take off to one of the many European food and restaurant industry expos in 2008. Try the Health Ingredients (Hi) Europe event in Paris, set for November 4-6, at which over a hundred restaurateurs will be searching for the best restaurant equipment to match their supplies.

Can’t wait ’til November? Check out the Food Ingredients Central and Eastern Europe (FiCEE) event in Warsaw, Poland, at the Warsaw International Expocentre, April 22-24.

Got a sweet tooth? Make it to the Salon Passion Chocolat & de la Gourmandise in Montreal, Canada, November 7-9. Presenters and exhibitors will certainly be in the market for a good ice cream display and storage solution.

We’ll be out there. Will you?

Manitowoc Ice Machines Set Record Earnings for 2007

Tuesday, February 12th, 2008

Manitowoc Earnings Break Records

The Manitowoc Company earlier this month reported record-breaking first quarter net sales and earnings per share. Manitowoc’s first quarter net sales reached $1.1 billion, a 44 percent increase from 2006′s fourth quarter. And 2007′s fourth quarter net earnings per diluted share ($0.76) more than doubled 2006′s fourth quarter net earnings per diluted share ($0.35). Manitowoc ice machines reported earnings per diluted share for 2007, at $2.64, represents a 100 percent increase from 2006.

Manitowoc President and CEO Glen E. Tellock expressed in a press release early this month his confidence that Manitowoc’s 2008 report will reflect 2007′s successes. Manitowoc’s Foodservice Group was a strong contributor to its 2007 fiscal record-breaking. Manitowoc Foodservice Group’s “new-product pipeline has helped drive improved top-line performance and increased operating leverage” in 2007, said Tellock.

Manitowoc Ice Machines Are a Good Buy in the Foodservice Industry

Even though the foodservice industry has recently undergone strains on capital spending, Manitowoc ice machines still remain a good buy. Due to the Manitowoc Company’s persistence with advanced energy-saving designs, Manitowoc ice machines save more energy for its customers than any of its competitors. These strengths have increased Manitowoc revenue and margins throughout all quarters in 2007.

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