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Kraft Heinz
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods and Heinz co-headquartered in Chicago and Pittsburgh. Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2020. In addition to Kraft and Heinz, over 20 other brands are part of the company's profile including Boca Burger, Gevalia, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese, Primal Kitchen, and Wattie's, eight of which have total individual sales of over $1 billion. Kraft Heinz ranked 114th in the 2018 Fortune 500 list of the largest United States corporations based on 2017 total revenue. History The merger of Kraft Foods and H.J. Heinz was agreed to by the boards of both companies, with approval by shareholders and regulatory authorities in early 2015. The new Kraft Heinz Company became the world's fifth-largest food and bevera ...
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Aon Center (Chicago)
The Aon Center (200 East Randolph Street, formerly Amoco Building) is a modern supertall skyscraper in the Chicago Loop, Chicago, Illinois, United States, designed by architect firms Edward Durell Stone and The Perkins and Will partnership, and completed in 1974 as the Standard Oil Building. With 83 floors and a height of 1,136 feet (346 m), it is the fourth-tallest building in Chicago, surpassed in height by Willis Tower, Trump International Hotel and Tower, and St Regis Chicago. The building is managed by Jones Lang LaSalle, which is also headquartered in the building. Aon Center also houses the headquarters of Aon and one of Kraft Heinz's two headquarters (the other being in Pittsburgh), and the former world headquarters of Amoco prior to its acquisition by BP. From its completion until the 1974 completion of the Sears Tower (now Willis Tower), the building was tallest completed building in Chicago. However, the tallest Sears Tower (now Willis Tower) was topped o ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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James Lewis Kraft
James Lewis Kraft (December 11, 1874 – February 16, 1953) was a Canadian-American entrepreneur and inventor. Kraft was the first to patent processed cheese. Life and career J. L. Kraft was born on December 11, 1874, near Stevensville, Ontario, Canada, located just north of Fort Erie, to Mennonite parents Minerva Alice née Tripp (1848–1933) and George Franklin Krafft (1842–1914), a farmer of German-descent. He was the second of eleven children. Kraft was educated in the Stevensville area (S.S. No. 9) and worked nearby at Ferguson's General store in Fort Erie, Ontario from 1901 to 1902. According to J.L.'s niece, Alice Anderson née Kraft, with a photograph from the late 1800s, or beginning of 1900, the Krafft Bros. were delivering dairy products in the Pleasant Point area of Fort Erie in their first horse-drawn wagon. The photograph shows the original family name of Krafft. This was the real beginning of the Krafft Bros. She explains the second "f" was dropped af ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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Wattie's
Heinz Wattie's Limited (or simply Wattie's) is a New Zealand-based food producer of frozen and packaged fruit, vegetables, sauces, baby food, cooking sauces, dressings and pet foods in the New Zealand market. History Founded in 1934 by Sir James Wattie, the company operated in New Zealand under the name of J. Wattie Canneries Limited (later J Wattie Foods Limited and its related companies). In 1980, Wattie Industries and Goodman Fielder purchased shares in each other’s companies that led to a merger in 1987 to create Goodman Fielder Wattie Ltd. In 1992 the Wattie’s group was bought from Goodman Fielder by American-based H. J. Heinz Company for $565 million. The company employs around 1,900 people, of which approximately 350 are temporary or casual. The company produces its own Wattie's products, some international brands of H. J. Heinz Company, as well as local products under brands like Craig's, Farex, Eta, Oak, Good Taste Company, Greenseas, Earth's Best, Complan, Chef an ...
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Philadelphia Cream Cheese
Philadelphia Cream Cheese is a brand of cream cheese. It is one of the best selling brands of cream cheese worldwide, first produced in 1872 and is currently owned by Kraft Heinz. Origin Despite its name, Philadelphia Cream Cheese was invented in New York State, not Philadelphia. In 1872 William Lawrence, a dairyman from Chester, New York, attempted to make Neufchâtel, a tangy, crumblier cheese product that was popular in Europe at the time. Instead he accidentally added an excessive amount of cream and created a richer, more spreadable cheese, which would eventually be called "cream cheese". It was not marketed as "Philadelphia Cream Cheese" until 1880. That year, Lawrence partnered with A.L. Reynolds, a cheese distributor in New York to sell larger quantities of cream cheese. At the time, Philadelphia, PA, and the surrounding area had a reputation for its high-quality dairy farms and creamier cheese products, so they decided to use the name "Philadelphia" on the foil-wrapped ...
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Oscar Mayer
Oscar Mayer is an American meat and cold cut producer known for its hot dogs, bologna, bacon, ham, and Lunchables products. The company is a subsidiary of the Kraft Heinz Company and based in Chicago, Illinois. History Early years German immigrant Oscar F. Mayer (1859–1955), born in Kösingen, Germany, began working at a meat market in Detroit, Michigan, and later in Chicago, Illinois. In 1883, Mayer and his brother Gottfried leased the Kolling Meat Market on the near-northside of Chicago. The Mayer brothers sold bratwurst, liverwurst, and weißwurst, which were popular in the predominantly German neighborhoods around their Chicago meat market. As the meat market's popularity grew, it expanded its storefront and participated in sponsoring local events including the 1893 Chicago World's Fair. By 1900, the company had 43 employees and Chicago-wide delivery service. In 1904, Oscar Mayer began branding its meats to capitalize on their popularity, beginning an industry-wide tren ...
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Grey Poupon
Grey Poupon is a brand of Dijon mustard which originated in Dijon, France. The U.S. rights to the brand were acquired by the Heublein Company, later passing on to Kraft Foods. Grey Poupon became popular in the United States in the late 1970s and 1980s as American tastes broadened from conventional American yellow mustards, aided in large part by a memorable advertising campaign emphasizing the product's association with luxury. Like other Dijon mustards, Grey Poupon contains a small amount of white wine. The American version is made with brown mustard seed grown in Canada. History Maurice Grey (b. Urcy, France, 1816; d. 1897), who was winning medals for his Dijon mustard machine in 1855, in 1860 was awarded a Royal Appointment for developing a machine that dramatically increased the speed of production of mustard. However, needing financing, which he obtained in 1866 from Auguste Poupon, another Dijon mustard manufacturer, the Grey–Poupon partnership produced their first m ...
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Gevalia
Gevalia ( , , ) is the largest coffee roastery in Scandinavia. In North America, the company sells coffee directly to consumers via home delivery and through big box stores such as Wal-Mart. Gevalia discontinued sales of tea in 2015. Customers order from a customer service center and a website that was relaunched in August 2009. Gevalia is a wholly owned subsidiary of Kraft Heinz based in Chicago, Illinois, in North America and JDE Peet's in rest of the world. Gevalia produces more than 40 different varieties of coffee and tea. Gevalia history Located in Gävle, Sweden (''Gevalia'' in Latin), Gevalia was introduced in 1853 in Sweden by the trading company Victor Theodore Engwall & Co KB. Jacob Engwall was CEO from 1963 to 1972. After 120 years as a family company, it was sold in 1971 to Mondelez International predecessor company, General Foods. Most Gevalia coffee is sold in Sweden, Denmark and in the Baltic area, but some is exported to America. Gevalia owes a large part of it ...
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Boca Burger
Boca Burger is a veggie burger produced by Kraft Heinz in Chicago, Illinois. Like all of Boca Foods' products, Boca Burgers serve as a meat alternative. History The Boca Foods Company began in 1979 with the vegetarian "Sun Burger" product, as one of the first frozen, plant-based burger replacement products. Over the next decade, more burgers were introduced, as well as meatless versions of ground beef, chicken nuggets, various toppings on pizza, chili, lasagna, and sausages. Organic versions of some Boca products appeared in 2001. Then Kraft Foods, the United States' largest packaged foods company, announced in early 2000 that it had reached agreement to purchase Boca Burger, Inc., a privately held manufacturer and marketer of soy-based meat alternatives. The announcement was made when Kraft Foods was represented by Gordon James and Clifford A. Wolff. The products are sold in the United States through retail grocery and club stores, natural foods stores and food service channel ...
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Foodservice
The foodservice (US English) or catering (British English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. Suppliers to foodservice operators are foodservice distributors, who provide small wares (kitchen utensils) and foods. Some companies manufacture products in both consumer and food service versions. The consumer version usually comes in individual-sized packages with elaborate label design for retail sale. The foodservice version is packaged in a much larger industrial size and often lacks the colorful label designs of the consumer version. Statistics The food system, including food service and food retailing supplied $1.24 trillion worth of food in 2010 in the US, $594 billion of which was supplied by food service facilities, defined by the USDA as any place which prepares food for immediate consumption on site, including ...
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Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania behind Philadelphia, and the List of United States cities by population, 68th-largest city in the U.S. with a population of 302,971 as of the 2020 United States census, 2020 census. The city anchors the Pittsburgh metropolitan area of Western Pennsylvania; its population of 2.37 million is the largest in both the Ohio Valley and Appalachia, the Pennsylvania metropolitan areas, second-largest in Pennsylvania, and the List of metropolitan statistical areas, 27th-largest in the U.S. It is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistical area that extends into Ohio and West Virginia. Pitts ...
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