Australian-based SunRice (Ricegrowers Limited), one of the world’s largest rice food companies, has announced that they have invested in a newly formed US joint venture rice milling and marketing company, SunFoods. SunFoods amalgamates the milling assets and brands of Gold River Mills and Pacific Basin Milling, based in Woodland, California. As part of its international rice food business, SunRice has worked extensively with Gold River Mills and the investment is considered an “excellent... ...Read more »

Ricegrowers, which trades as SunRice, has warned that prices of the food staple are set to rise in line with increases seen on the industry benchmark - Thai rice. The price of Thai rice has trebled in recent times and the Chief Executive of SunRice, Gary Helou, has told The Age that this rise in price will begin to filter through to supermarkets via manufacturers. “We will try not to pass on too much (to consumers),” Mr Helou said. “We will always try to be an efficient... ...Read more »