United States-McDonalds going from strength to strength.

UNITED STATES.

MCDONALD PROFIT JUMPS 30%.

McDonalds have reported a profit of $2.13 billion, for the first half of the year with increased sales of 5pc to $11.69 billion.

These figures do not include the sale of the operations in Latin America, that will be included in the second half of the year figures.

Coffee has been a major boost to the companies revenue, in today’s current global declining economies, where people are spending less.

In the Unites Kingdom coffee and tea sales have risen by 40pc, with the demise of Starbucks and similar coffee shops.

Starbucks have closed 600 branches worldwide and all their outlets in Australia.

The McDonald company, intends to have 1000 outlets in China by the end of 2008, where the business has quadrupled with 125 new branches opened already this year.

To cope with the rising costs of raw materials, McDonalds are considering reducing the size of burgers, rather than increase prices.

Contrary to popular belief, McDonalds only use chuck and blade from prime steers and no cow beef, the quality control demanded by the suppliers is second to none.

In Argentina and Australia the beef has to be certified steer beef and of export quality.

Pilgrims Pride and JOY Foods, are building a new state of the art meat factory in Dallas Texas, to supply chicken product for McDonalds.

The 185,000 square foot premises, will be 51pc owned by JOY Food Products Corp and 49pc owned by Pilgrims Pride