Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

McDonald's Supplier Forced To Suspend Meat Production By Shanghai FDA

Benzinga.com
0 Comments| July 21, 2014

{{labelSign}}  Favorites
{{errorMessage}}

On Sunday night, Shanghai Husi Foods suspended production meat supplied McDonald's (NYSE: MCD) and YUM! Brands (NYSE: YUM) KFC and Pizza Hut chains.

The Shanghai Food and Drug Administration issued a suspension of operations for Shanghai Husi Foods after the agency's suspicions were aroused that the McDonald's and YUM! Brands supplier was producing food with materials past it's due date.

The supplier uses two production lines, one for chicken and another for beef and pork products.

China Daily stated reporters "who managed to enter Husi workshops said they saw clear evidence that stale beef and chicken were repackaged after processing and their shelf life was prolonged another year."

Shanghai Husi Food produces various products for McDonald's and KFC on mainland China.

The products, according to Husi ECPlaza website include:

  • Beef patty
  • Fully cooked pork sausage
  • Fully cooked chicken nugget
  • Shredded lettuce
  • Coated fish filet
  • Cooked frozen snail meat
  • Fully cooked crayfish

McDonald's is set to release earnings on July 22 and the Street is ...

Click to enlargeMore...


{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.