CLFP Insider
June 15, 2018
CLFP News
 
   
CLFP will hold a Proposition 65 Workshop on July 11 in Sacramento. The workshop will include an introduction to Proposition 65 legal requirements and regulations and the potential litigation exposure for companies selling food and beverage products in California. Discussion and presentations also will include how Proposition 65 is enforced and how it impacts the food and retail sectors in California.
 
 
   
CLFP staff participated in the 2018 World Processing Tomato Congress (WPTC), held June 11 – 15 in Greece. A number of CLFP processor and supplier members also attended the Congress, and CLFP is a member of the WPTC Board of Directors.
 
 
   
CLFP will hold its annual Supplier Host Tournament Golf Tournament on October 26 at the Reserve at Spanos Park in Stockton. For the first time, the tournament will be held the day following CLFP's Fall Board of Directors meeting.
 
   Admix, Inc.       Downey Brand    
Industry News
The application portal for the Voluntary Qualified Importer Program (VQIP) opened in January, however Food and Drug Administration (FDA) does not anticipate that any importers will be able to apply during this application cycle while certification bodies (also known as third-party auditors) receive their accreditation under the Accredited Third Party Certification Program.
 
President Donald Trump wants to level the playing field for American companies in the global economy, but his combative stance has unsettled business plans from the Atlantic to the Pacific. From Washington cherry farms to Midwestern chemical plants to New England lobster-trap makers, the risk of global trade war is creating anxiety among executives whose firms rely on foreign markets for revenue or to keep costs down with imported products.
 
Instead of traditional burgers, ice cream cones, chips and soda, backyard barbecues this summer may include sriracha jackfruit, low-calorie ice cream, chili lime chips and tangerine sparkling water. Mintel has used its global new products database to compile its 2018 Summer Food & Drink Trends report, forecasting four food and drink trends destined to define the summer of 2018.
 
How the New Revenue Recognition Standard Impacts Food Companies
Moss Adams LLP
Revenue Recognition is a change that may have far-reaching effects on a food company’s financial reporting and internal control systems. This insight highlights the key areas food and beverage companies should consider when implementing the new revenue recognition standard.
All food companies will need to revisit their financial statements and consider any necessary enhancements to meet the new standard.
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Capitol News
 
   
June 1 was the deadline for the California State Assembly and Senate to pass legislation introduced in their houses. Strong opposition from the California League of Food Producers helped stop several bills from advancing that could have been detrimental to the state's food processing industry. The Legislature will hold policy committee hearings through the month of June.
 
   Admix, Inc.       Alston Construction    
Stop Fraud: Three Things to Do
Moss Adams LLP
The typical company annually loses 5% of its revenue to fraud. Discover how a focus on company culture, employee education, and internal control reviews can help lower your risk of fraud.
Click Here
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New Members
Leprino Foods Company, headquartered in Denver, Colorado, is a global leader in the production of premium-quality cheese and dairy ingredients. Leprino Foods is the largest producer of mozzarella cheese in the world and a leading manufacturer of lactose, whey protein and sweet whey. For more information, please visit www.leprinofoods.com.
 
Land IQ is a specialized agricultural science and remote sensing firm that pairs scientific knowledge of agronomic systems with advanced remote sensing technologies, custom modeling and analytical methods to map agricultural land use crop conditions in California and the western United States.
 
Sani-Matic, Inc., designs and manufactures sanitary process cleaning equipment and components including CIP systems, COP parts, washers, cabinet washers, tunnel washers, boosted pressure systems, spray balls and strainers. These products, along with the company's Tactical Solutions system evaluations and optimization program, provide total Cleaning Confidence.
 
Tensor ID provides product and packaging inspection systems, along with bar code and label verification solutions to all industry sectors to improve product quality, eliminate costly production errors and meet compliance mandates. Our engineers are fluent in several leading vision software platforms making Tensor ID a true single source solution provider.
 
United Automation Solutions (UAS) is the premiere supplier for automation equipment, system integration, software, engineering, education and service. We can provide you with standard or customized solutions to make your plant safer, more reliable and extremely efficient.
 
Xerxes is the largest manufacturer of underground fiberglass storage tanks in the world. Xerxes offers underground & above ground storage tank solutions for; potable water, onsite wastewater, food & beverage processing waste, and industrial waste water.
 
 

 

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