CLFP Insider
August 16, 2018
CLFP News
 
   
Applications are now being accepted for CLFP’s 2018-19 Member Scholarship Program. The program is open to all eligible CLFP Processor and Supplier Host Council member employees and their dependents.
 
 
   
Mark your calendars for February 12-13, 2019, to participate in Food Processing Expo 2019, California's largest food processing trade show. Exhibitor and attendee participation has been increasing steadily every year. You don't want to miss it!
 
 
   
Registration is now open for CLFP’s 22nd Annual Supplier Host Council (SHC) Golf Tournamen, to be held Friday, October 26 at the Reserve at Spanos Park in Stockton. This popular annual event helps raise funds for CLFP’s Scholarship Program.
 
   Admix, Inc.       Downey Brand    
Industry News
A new study from the University of California Agriculture and Natural Resources’ Agricultural Issues Center finds that tariffs on 10 fruit and tree nut exports alone are estimated to cost the United States $3.4 billion annually. According to the California Department of Food and Agriculture, fruit and tree nuts account for more than half of the state’s agricultural exports.
 
The Tomato Foundation is seeking to obtain a verified European Food Safety Authority (EFSA) Health Claim for tomato paste and other tomato products due to the high concentration of tomato phenols. The Morning Star Packing Company will match dollar-for-dollar every contribution up to $25,000.
 
Even though it’s August, there is still plenty of hot weather ahead, which means the California Independent System Operator's (ISO) summer readiness and flex alerts are still timely.
 
   Alston Construction    
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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Announcements
The Food Science and Technology Department at UC Davis will offer two classes this fall of interest to food processors.
 
West Hills Community College will host a complimentary Apprenticeship Forum on September 18 at their campus in Coalinga. Employers will learn how they can take advantage of several training programs to strengthen their workforce and utilize existing employees.
 
New Members
Providing design, supply and turnkey systems in the technologies of energy, waste-to-energy, environmental, pollution control, CHP, MicroGrid and energy efficiency technologies.
 
 

 

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