logo
Griffith Foods Recognized as a 2025 Best Managed Company

Griffith Foods Recognized as a 2025 Best Managed Company

ALSIP, Ill., June 4, 2025 /3BL/ - Griffith Foods is proud to announce it has been selected as a 2025 Best Managed Company, making it the fourth year in a row to earn this designation. Now in its sixth year, the award, sponsored by Deloitte* Private and The Wall Street Journal, recognizes outstanding U.S. private companies.
The 2025 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, as well as maintaining financial performance and governance. Designees drove their businesses forward while remaining dedicated to their people and focusing on their customers. Advanced technology including AI took a center role for most of these companies, to create efficiencies and enhance the quality of products and experiences.
Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 44 countries recognized by the Best Managed Companies program.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal For more information, visit www.usbestmanagedcompanies.com.
About Griffith Foods
Griffith Foods is the caring, creative product development partner helping food companies meet the evolving needs of consumers while sustaining the planet. As a family business founded in 1919 and headquartered in Alsip, Illinois USA, Griffith Foods is known for true, collaborative innovation guided by their Purpose of 'We Blend Care and Creativity to Nourish the World'. The company's product capabilities range from seasonings and marinades to coating systems and sauces that are better for people and better for the planet. For more information, visit www.griffithfoods.com.
View original content here.
Visit 3BL Media to see more multimedia and stories from Griffith Foods
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Citi to launch new premium card to win more affluent customers, WSJ says
Citi to launch new premium card to win more affluent customers, WSJ says

Business Insider

time7 hours ago

  • Business Insider

Citi to launch new premium card to win more affluent customers, WSJ says

Citi (C)group is planning to launch a new premium credit card for frequent travelers in its latest attempt to wing over affluent customers, Alexander Saeedy of The Wall Street Journal reports. The Strata Elite card will have a $595 annual fee and will offer a series of rewards. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Recession Already Underway? Why Stocks Could Face A Year-End Bear Market
Recession Already Underway? Why Stocks Could Face A Year-End Bear Market

Forbes

time12 hours ago

  • Forbes

Recession Already Underway? Why Stocks Could Face A Year-End Bear Market

Investors chasing all-time highs now face the prospect of a 1970s-style double-dip bear market, ... More where stock returns stagnated amid economic turmoil. The U.S. stock market is hitting record highs, luring investors with the promise of endless gains. But beneath the surface, the U.S. economy may already be in a recession, potentially since February or March 2025. Weak labor markets, sluggish GDP growth, and historical parallels to the 1970s signal trouble, with a bear market looming by year-end. Here's what the data reveals, why it matters for equities, and how investors can protect their portfolios. Recession Indicators Are Mounting Labor markets are a critical gauge of economic health, and current data shows clear signs of weakness. Deloitte's U.S. Economic Forecast reports rising unemployment and declining job openings, signaling a cooling economy that could tip into a mild recession by late 2025. Additionally, the Treasury yield curve inversion, where the 2-year Treasury note yields more than the 10-year, has been a reliable recession predictor since the 1950s, and it's flashing warning signs now. GDP growth is also faltering, with Deloitte projecting just 1.1% growth for 2025, down from earlier estimates, and risks of contraction if consumer spending weakens further. Downward revisions are likely as hard data replaces preliminary surveys, potentially confirming a recession that began earlier this year. Historical parallels amplify these concerns. The 1970s saw high inflation and double-dip recessions, with inflation peaking at 11.3% in 1974 due to oil shocks and loose monetary policy, followed by economic contractions in 1973–75 and 1980–82, as noted in a Federal Reserve History essay. Today's persistent inflation, hovering around 4% despite the Federal Reserve's 2% target, mirrors that era, raising the risk of economic stagnation. The Threat Of A Bear Market A recession doesn't guarantee an immediate market crash, and summer months often bring quieter trading. But complacency is dangerous. By late 2025, volatility could spike, driven by worsening economic data and external uncertainties. A recent MarketWatch report notes that high S&P 500 valuations, with price-to-earnings ratios above historical averages, increase vulnerability to corrections if recession fears intensify. Proposed high tariffs, described as non-negotiable, add further unpredictability. Deloitte warns that trade disruptions could lead to a 0.3% GDP contraction in 2025 under a downside scenario, amplifying market risks. Investors chasing all-time highs now face the prospect of a 1970s-style double-dip bear market, where stock returns stagnated amid economic turmoil. Strategies To Safeguard Your Portfolio To navigate these risks, prioritize downside protection and equity trend-following strategies. Trend-following allows you to adapt to market shifts, avoiding the pitfalls of betting on sustained rallies. In this environment, the U.S. is becoming less attractive for investment compared to developed European markets, which offer greater political stability and growth opportunities. According to Funds Europe, European equity strategies, particularly in defense, dominated ETF flows in May 2025, driven by EU initiatives to fund independent weapon systems through substantial debt issuance. This acts as a stimulus, fostering new industries with robust government support. In contrast, the U.S. faces austerity, a weakening dollar, and workforce challenges, making diversification into European markets a strategic move The data suggests the U.S. may already be in a recession, with a bear market looming by late 2025. The yield curve inversion, slowing GDP, and labor market weakness signal economic trouble, while high valuations and trade uncertainties heighten market risks.

The head of crypto at Visa tells us why the payments giant isn't worried about stablecoins
The head of crypto at Visa tells us why the payments giant isn't worried about stablecoins

Business Insider

time18 hours ago

  • Business Insider

The head of crypto at Visa tells us why the payments giant isn't worried about stablecoins

The GENIUS Act became law this month, and with it came a wave of bullish prognostications about stablecoins. But for traditional payments companies, the landmark legislation was being eyed as a threat. That's because the law would allow more issuers to mint their own stablecoins. In June, The Wall Street Journal reported that Amazon and Walmart were considering issuing stablecoins. Market experts say such a move could allow companies to bypass credit card transaction fees by having customers use their native stablecoins. But Cuy Sheffield, the head of crypto at Visa, told Business Insider that the payments giant sees the rise of stablecoins as an opportunity. Sheffield made it clear that Visa isn't worried about corporations adopting stablecoins, even if they offer consumers a new way to make payments that doesn't involve credit cards. Opportunity in a new market Sheffield said that he doesn't think stablecoins will dramatically impact how most consumers shop in the US. "We don't really think stablecoins solve much of a problem for retail payments," he said, adding that he thinks the US payments infrastructure already works well for US consumers. He also said that Visa's data shows that the majority of stablecoin volume is generated by "high-value transfers, not retail transactions." Sheffield said that Visa has seen the potential of stablecoins to transform global payments for years. In 2021, he told Business Insider, "We support many different currencies on our network today. A stable coin isn't even a new currency, really. It's just another way to represent an existing currency." Four years later, the company sees even more opportunity in the stablecoin market, as new policies help spur mainstream adoption. Sheffield said that Visa sees the opportunity mainly outside the US, specifically in emerging markets. "We think the opportunity for stable coins is overwhelmingly outside the United States, emerging market focused economies where there's demand for dollars and not a lot of access," he stated. Sheffield said that stablecoins may be enticing for people who need to make a lot of cross-border payments, which can be slow. He added that he sees Visa playing a key role in emerging markets in helping consumers become comfortable holding and using stablecoins. "We're seeing activity in Latin America, Brazil, Colombia, Chile, Argentina," he said, adding that Visa had also seen high activity in Kenya, Nigeria, and parts of the Asia-Pacific region. "We think that the most impact we'll have will be democratizing many emerging systems and providing dollars for places that weren't really prepared before." In Sheffield's view, stablecoins could be the bridge that helps connect emerging markets with companies in developed economies, ultimately creating economic opportunity in both directions. "You can serve consumers and markets that haven't really had many things that we've had in the US and in Europe," he said. " I think stablecoins will become this platform that many different companies will build on top of to offer modern, efficient products in emerging markets."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store