Tag Archives: Bumble Bee
The fisherman and the government observer – Tuna by the ton: two tales of fishing
Tom Crivello is a tuna boat captain and owner of two large seiners, both of which carry helicopters that are used in hunting for tuna. Crivello’s two boats are the Rose Ann Marie, which is 220 feet long with a capacity of 1050 tons of fish, and the Marla Marie, which is 151 feet long and holds about 500 tons. They are both registered in the U.S. and are based in San Diego, along with about 125 other boats from the American tuna fleet of nearly 140 boats. About a year ago, after fishing for twenty-one years — since the age of sixteen — Crivello decided to retire and try to sell the Rose Ann Marie, which is valued at about five million dollars. He was feeling the effects of relentless pressure and he was determined to do something about it while he still was capable. Others had reached the limit, pressed on, and ended up with drinking problems or even nervous breakdowns. >click to read< 8 pages from May 13, 1982 18:35
Tuna Industry Faces a Price-Fixing Scandal as Bumble Bee CEO Faces Criminal Charges
Price-fixing allegations have rocked the food world for the second time this year, as the CEO of Bumble Bee Foods is facing criminal charges for allegedly working to eliminate competition in the packaged seafood industry. Christopher Lischewski has been charged with one count of price fixing. That follows earlier similar charges against three StarKist tuna executives. One, who served as senior vice president for sales, pleaded guilty last year. Two other Bumble Bee executives have already pleaded guilty to price-fixing, and the company itself agreed to pay a $25 million fine for the same offense last year. >click to read<14:27
Tuna producers up to something fishy as they face conspiracy allegations
Executives of the most popular tuna brands in the U.S. — Chicken of the Sea, Bumble Bee and StarKist — conspired regularly to keep prices high for consumers with a taste for one of America’s favourite sandwich ingredients, according to criminal and civil court records updated this week. A typical can of tuna today costs about $1.50 and the U.S. Department of Justice says that price may be the result of price fixing by Thai, South Korean and U.S. seafood dealers, while major retailers are suing alleging they’ve been ripped off. The U.S. government began investigating criminal price fixing between the three companies more than two years ago. Together the companies supply about 80 per cent of the $1.7 billion of canned tuna sold annually in the United States, according to the court records. Following up, Walmart and other top retailers filed civil lawsuits. Click here to read the story 17:14
Tuna Recall: ‘Life-Threatening’ Contamination Fear Forces Bumble Bee, Chicken of the Sea into Recall
A nationwide tuna recall for potential “life-threatening” contamination includes the popular Bumble Bee and Chicken of the Sea brands, the FDA reports today. Deviations from the standard commercial sterilization process that occurred in a co-pack facility in California not owned or operated by the tuna companies forced the recall. These deviations could result in contamination by spoilage organisms or pathogens, which could lead to “life-threatening illness if consumed,” according to the U.S. Food and Drug Administration. A total of 31,579 Bumble Bee cases (six cans per case) produced in February 2016 and distributed nationally are included in the recall. Read the rest here, and spread it around 15:48
Big Three Conspire to Fix U.S. Tuna Prices, Wholesaler Says in Antitrust Class Action
The “oligopolistic structure” of the nation’s three largest packed-seafood companies – StarKist, Bumble Bee and Tri-Union – helps them conspire to fix tuna prices, a class of wholesalers claim. Olean Wholesale Grocery Cooperative filed the federal complaint Monday against Bumble Bee Foods, Tri-Union Seafoods and StarKist. Tri-Union, the only name that may be unfamiliar to U.S. consumers, sells its canned fish under the trade name Chicken of the Sea. Read the rest here 19:42
Exclusive: Canned tuna company Bumble Bee eyes $1.5 billion sale – sources
(Reuters) – Bumble Bee Foods is preparing a sale process that could value North America’s largest producer and marketer of canned tuna and sardines at as much as $1.5 billion, according to people familiar with the matter. The sources asked not to be identified because the deliberations are private. The company’s owner, private equity firm Lion Capital LLP, Read more here 14:40
Starkist CEO hits back at Bumble Bee ‘buy American’ comments
Frank Pogue, vice president of marketing and corporate affairs for Starkist, hit back at comments from Bumble Bee Foods CEO, Chris Lischewski, over rules on who can supply US government food contracts. Starkist — which defended its “Made in America” claim to Undercurrent News last year — and Tri Marine International are clashing with Bumble Bee Foods and Chicken of the Sea over the US Department of Agriculture’s (USDA) strict “buy American” standards for where tuna is cleaned, canned and shipped, reported the The Hill, on Jan. 8. Read more@undercurrent 07:59
