Pinnacle Foods
Pinnacle Foods, Inc., is a packaged foods company headquartered in Parsippany, New Jersey, that specializes in shelf-stable and frozen foods. The company became a subsidiary of Conagra Brands on October 26, 2018. History The company was founded in 1998 as "Vlasic Foods International", acquiring the Swanson TV dinners, Open Pit, and Vlasic Pickles brands from the Campbell Soup Company. Between 2001 and 2007 the spinoff of former Campbell Soup Company branded food lines was owned by the Metropoulos Group which named it Pinnacle Foods. In 2007, Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. In 2013, Pinnacle Foods' Parsippany office was named '' Inc. Magazine's'' "World's Coolest Office." That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private equity Blackstone Group. Shares began trading under the ticker symbol PF on April 4 at the upper range of its of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Armour And Company
Armour & Company was an American company and was one of the five leading firms in the meat packing industry. It was founded in Chicago, in 1867, by the Armour brothers led by Philip Danforth Armour. By 1880, the company had become Chicago's most important business and had helped make Chicago and its Union Stock Yards the center of America's meatpacking industry. During the same period, its facility in Omaha, Nebraska, boomed, making the city's meatpacking industry the largest in the nation by 1959. In connection with its meatpacking operations, the company also ventured into pharmaceuticals (Armour Pharmaceuticals) and soap manufacturing, introducing Dial soap in 1948. Presently, the Armour food brands are split between Smithfield Foods (for refrigerated meat - "Armour Meats") and ConAgra Brands (for canned shelf-stable meat products - "Armour Star"). The Armour pharmaceutical brand is owned by Forest Laboratories. Dial soap is now owned by Henkel. History 1863–1970 Armo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hungry-Man
Swanson is a brand of TV dinners, broths, and canned poultry made for the North American and Hong Kong markets. The former "Swanson Company" was founded in Omaha, Nebraska, where it developed improvements of the frozen dinner. The TV dinner business is currently owned by Conagra Brands, while the broth business is currently owned by the Campbell Soup Company. TV dinner products currently sold under the brand include Swanson's Classics TV dinners and pot pies, and the current broth lineup includes chicken broth and beef broth. History Carl A. Swanson (1879–1949) was a Swedish immigrant who worked on a farm in Blair, Nebraska, until he moved to Omaha. There, he worked in a grocery store where he came into contact with John O. Jerpe, who owned a small commission company, in which Swanson would become a partner in 1899. Initially, the Jerpe Commission Company purchased eggs and cream from local farmers. In turn, they processed the eggs, made butter from the cream, and sold th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone," using a cryptogram derived from the names of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Campbell Soup Company
Campbell Soup Company, trade name, doing business as Campbell's, is an American processed food and snack company. The company is most closely associated with its flagship canned soup products; however, through mergers and acquisitions, it has grown to become one of the largest processed food companies in the U.S. with a wide variety of products under its flagship Campbell's brand as well as other brands like Pepperidge Farm, Snyder's of Hanover, V8 (beverage), V8, and Swanson. Under its brands, Campbell's produces soups and other canned meals, baked goods, beverages, and snacks. It is headquartered in Camden, New Jersey, Camden, New Jersey. The classic red-and-white can design used by many Campbell's branded products has become an American icon, and its use in pop art was typified by Andy Warhol's series of Campbell's Soup Cans, Campbell's Soup Cans prints. History Foundation and early history The company was started in 1869 by Joseph A. Campbell, a fruit merchant from Bridge ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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TV Dinner
A frozen meal (also called TV dinner (Canada and US), prepackaged meal, ready-made meal, ready meal (UK), frozen dinner, and microwave meal) is a packaged frozen meal that comes portioned for an individual. A frozen meal in the United States and Canada usually consists of a type of meat for the main course, and sometimes vegetables, potatoes, and/or a dessert. The main dish can also be pasta or fish. In European frozen meals, Indian and Chinese meals are common. Another form of convenience food, which is merely a refrigerated ready meal that requires less heating but expires sooner, is popular in the UK. The term ''TV dinner'', which has become common, was first used as part of a brand of packaged meals developed in 1953 by the company C.A. Swanson & Sons (the full name was ''TV Brand Frozen Dinner''). The original ''TV Dinner'' came in an aluminum tray and was heated in an oven. In the US and Canada, the term is synonymous with any packaged meal or dish ("dinner") purchas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Swanson
Swanson is a brand of TV dinners, broths, and canned poultry made for the North American and Hong Kong markets. The former "Swanson Company" was founded in Omaha, Nebraska, where it developed improvements of the frozen dinner. The TV dinner business is currently owned by Conagra Brands, while the broth business is currently owned by the Campbell Soup Company. TV dinner products currently sold under the brand include Swanson's Classics TV dinners and pot pies, and the current broth lineup includes chicken broth and beef broth. History Carl A. Swanson (1879–1949) was a Swedish immigrant who worked on a farm in Blair, Nebraska, until he moved to Omaha. There, he worked in a grocery store where he came into contact with John O. Jerpe, who owned a small commission company, in which Swanson would become a partner in 1899. Initially, the Jerpe Commission Company purchased eggs and cream from local farmers. In turn, they processed the eggs, made butter from the cream, and sold th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frozen Food
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food industry, food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing). The freezing kinetics is important to preserve the food quality and texture. Quicker freezing generates smaller ice crystals and maintains cellular structure. Cryogenic freezing is the quickest freezing technology available due to the ultra low liquid nitrogen temperature . Preserving food in domestic kitchens during modern times is achieved using household freezers. Accepted advice to householders was to freeze food on the day of purchase. An initiative by a supermarket group in 2012 (backed by the UK's Waste & Resources Action Progr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shelf-stable Food
Shelf-stable food (sometimes ambient food) is food of a type that can be safely stored at room temperature in a sealed container. This includes foods that would normally be stored refrigerated but which have been processed so that they can be safely stored at room or ambient temperature for a usefully long shelf life. Various food preservation and packaging techniques are used to extend a food's shelf life. Decreasing the amount of available water in a product, increasing its acidity, or irradiating or otherwise sterilizing the food and then sealing it in an air-tight container are all ways of depriving bacteria of suitable conditions in which to thrive. All of these approaches can extend a food's shelf life, often without unacceptably changing its taste or texture. For some foods, alternative ingredients can be used. Common oils and fats become rancid relatively quickly if not refrigerated; replacing them with hydrogenated oils delays the onset of rancidity, increasing she ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conagra Brands
Conagra Brands, Inc. (formerly ConAgra Foods) is an American Fast-moving consumer goods, consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. Based on its 2021 revenue, the company ranked 331st on the 2022 Fortune 500. History Founding and success ConAgra was founded in 1919 by Frank Little and Alva Kinney, who brought together four grain mills as Nebraska Consolidated Mills (NCM) at Grand Island, Nebraska. The headquarters were moved to Omaha in 1922. The company ran at a profit until 1936, when Kinney retired. In 1940, the company began producing flour at its own mill, and in 1942 ventured into the livestock feed business. That year, NCM president R. S. Dickinson opened the company's first out-of-state facility in Alabama with a flour mill and animal feed plant. After researching new uses for its flour, NCM fund ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wish-Bone
Wish-Bone is an American brand of salad dressing, marinades, dips and pasta salad. The original salad dressing was based on a recipe served at the Wishbone restaurant in Kansas City, Missouri, founded by ex-soldier Phillip Sollomi in 1945 along with Lena Sollomi, Phillip's mother. The Italian dressing served at the Wishbone was based on a recipe from Lena Sollomi's Sicilian family which was a blend of oil, vinegar, herbs and spices. Demand for the salad dressing proved so high that Phillip started a separate operation to produce it for sale, making it by the barrel. The brand was acquired by Lipton, part of the Unilever portfolio, in 1958, and was manufactured in the Kansas City area. In 2013, Pinnacle Foods acquired Wish-Bone from Unilever. In turn, ConAgra acquired Pinnacle Foods on October 26, 2018. Varieties *Balsamic and Basil Vinaigrette *Raspberry Hazelnut Vinaigrette *Italian¹ *House Italian *Robusto Italian¹ *Fat Free Italian *Light Italian *Balsamic Vinaigrette *Red ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |