• In Oregon, the Statesman Journal reports that because 125 million plastic water bottles were thrown out in 2005 – as opposed to being recycled – a new set of rules have kicked in that will require manufacturers “to increase the recycled content of their bottles; use bottles made of materials that are recycled at a rate of more than 25 percent; or use bottles that can be refilled at least five times.” The new rules were mandated by legislation passed more than a decade ago, and could be strengthened even more; the 2007 state legislative session is expected to include debate on bills that could increase the bottle deposit from the current five cents and expand the kinds of containers included in the deposit program to noncarbonated and sports drinks.
However, manufacturers are saying that the new rules are unfair – that they have done everything that has been expected of them, and now are being punished because citizens have not lived up to their end of the bargain.
• The private investment groups of each of Ares Management LLC and the Ontario Teachers' Pension Plan has struck a deal to acquire GNC Parent Corporation, the parent company of General Nutrition Centers, Inc., from Apollo Management, for $1.65 billion.
• A new food trend getting attention in sections of the country: The Los Angeles Times reports that goat milk ice cream – low in fat, high in price ($6.99 per pint) and not tasting anything like goat - is gaining popularity.
However, manufacturers are saying that the new rules are unfair – that they have done everything that has been expected of them, and now are being punished because citizens have not lived up to their end of the bargain.
• The private investment groups of each of Ares Management LLC and the Ontario Teachers' Pension Plan has struck a deal to acquire GNC Parent Corporation, the parent company of General Nutrition Centers, Inc., from Apollo Management, for $1.65 billion.
• A new food trend getting attention in sections of the country: The Los Angeles Times reports that goat milk ice cream – low in fat, high in price ($6.99 per pint) and not tasting anything like goat - is gaining popularity.
- KC's View:
