Monday, July 28, 2014

McDonald’s Supplier Recalls Meat in Expired Food Scandal

Not sure about you, but I'm not purchasing any stock in McDonalds or Seven Eleven. Not now, not ever. I'm sure you'll come to the same conclusion...


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2014JulOctApr92.5095.0097.50100.00102.50* Price chart for MCDONALD'S CORP. Click flags for important stories.MCD:US95.720.37 0.39%
If you want a McDonald’s Corp. meal in China, you’ll have to make it a fish burger.
Beef, pork and chicken items were eliminated as the restaurant chain’s supplier OSI Group LLC recalled all products made at its Shanghai unit yesterday. “We are now only offering a limited menu in our restaurants around the country,” McDonald’s China unit said in an e-mailed statement today.
OSI is accused of repackaging old meat as new at its Shanghai Husi Food Co. unit, which supplies customers including McDonald’s, Yum! Brands Inc. and Seven-Eleven Japan Co.’s parent, all of which have halted sales of the company’s products. The scandal further erodes perceptions that foreign-owned companies in China have higher safety standards than locally owned rivals.
Calls to McDonald’s delivery dispatchers in Beijing and Shanghai today confirmed that fish burgers are the only sandwiches available. Hong Kong McDonald’s have cut chicken McNuggets, McSpicy chicken filet, fresh corn cups, iced fresh lemon tea, green salad and grilled chicken salad from its menu because those involved ingredients from OSI units in Guangzhou and Hebei, according to the restaurant’s website.
OSI was “compelled to withdraw all products manufactured by Shanghai Husi” and replace its management team in China, the Aurora, Illinois-based company said yesterday in a statement on its website.
Photographer: Brent Lewin/Bloomberg
“We are now only offering a limited menu in our restaurants around the country,”... Read More
Restaurants and convenience stores from Hong Kong to Tokyo initially halted sales Shanghai Husi chicken nuggets following a July 20 report on local TV showing workers repackaging and selling chicken and beef past their sell-by dates. The recall has now spread to all products made by the Shanghai unit, including beef and pork.

Authorities Investigate

Chinese authorities have ordered Shanghai Husi’s plant shut for allegedly selling expired products. The local police detained five people in connection with an investigation into the meat supplier, the Shanghai Municipal Food and Drug Administration said in a July 23 statement.
The U.S.-based food processor is recalling its Shanghai Husi products “to help rebuild the trust of our customers and consumers, as well as to cooperate with the official investigatory process,” according to its statement yesterday.
OSI said it had brought a new management team into China to ensure operations were run “effectively.” The foodmaker is also conducting an internal investigation into current and former senior management, it said in the same statement.

Photographer: The Yomiuri Shimbun via AP Images
A McDonald's restaurant notes that it provides a limited menu after the Shanghai Husi... Read More


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