Ralston Purina Company
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Ralston Purina Company
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company. History Ralston Purina (originally Ralston-Purina) traces its roots to 1894, when founder William H. Danforth established the animal feed company Purina Mills. Danforth formed a partnership with George Robinson; William Andrews entered the business of feeding farm animals by founding the Robinson-Danforth Commission Company. Its predominant brand for each animal was generally referred to as "Chow"; hence "Purina Horse Chow", "Purina Dog Chow", "Purina Cat Chow", "Purina Rabbit Chow", "Purina Pig Chow", and "Purina Monkey Chow". Later, the company began producing cereal, which received endorsement by Webster Edgerly, founder of Ralstonism, to market Ralston breakfast cereals. Ed ...
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Lg Checker
LG Corporation (or LG Group) (), formerly Lucky-Goldstar from 1983 to 1995 (Korean: ''Leokki Geumseong''; ), is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. History LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged to f ...
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Dog Chow
Dog Chow is a name brand of dog food marketed and manufactured by Nestlé Purina PetCare. The brand's dry dog food is offered worldwide, in numerous formulas. Introduced in 1957, It has since expanded its brand offerings to include products for puppies, elderly dogs, and dogs needing a weight maintenance formula as well as extended to other types of pet food, including Puppy Chow, Cat Chow, and Kitten Chow. Due to the brand's growing popularity, a string of commercials were aired in Canada in 1962. The commercials introduced Jim Henson's brainchild, Rowlf the Dog Rowlf the Dog is a Muppet character, a scruffy brown dog of indeterminate breed with a rounded black nose and long floppy ears. He was created and originally performed by Jim Henson. Rowlf is the Muppet Theatre's resident pianist on ''The Muppe .... References External linksDog Chow Brand Dog Food
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Edward Lowe Industries
Edward Lowe (July 10, 1920 – October 4, 1995) was an American businessman and entrepreneur, noted for the invention of cat litter. The '' Small Business School'' described him as "building a huge business from nothing", and cites him as a textbook example of an individual who "created a product, brought it to marketplace, invented an industry and sold his business for millions". By the time of his death, his company was worth about five hundred million dollars (or $ million today, adjusted for inflation). Background Edward Lowe was born on July 10, 1920, in Saint Paul, Minnesota, to Lulu and Henry E. Lowe. His family moved to Cassopolis, Michigan, where he attended high school at Cassopolis High School. He had four children Marilyn, Kathy, Marcia, Thomas and six grandchildren Jennifer, Stephanie, Austin, Maggie, Melissa and Abby. He served in the US Navy in World War II. Invention of cat litter Before Lowe's invention, people kept their cats outside, using ashes, dirt or sand ...
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Cat Litter
A litter box, also known as a sandbox, cat box, litter tray, cat pan, potty, pot or litter pan, is an indoor feces and urine collection box for cats, as well as rabbits, ferrets, miniature pigs, small dogs, and other pets that instinctively or through training will make use of such a repository. They are provided for pets that are permitted free roam of a home but who cannot or do not always go outside to excrete their metabolic waste. In the wild, cats naturally excrete in soft or sandy soil for easy burial. They use their paws in a backward sweeping motion to cover their feces. To stimulate this instinctive desire, a litter box's bottom is typically filled with or less of cat litter. Litter box filler is a loose, granular material that absorbs moisture and odors such as ammonia. Some litter brands contain baking soda to absorb such odors, or owners may sprinkle a thin layer in the bottom of the box, under the cat litter. The litter material also satisfies a cat's instinctive ...
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Antitrust
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boun ...
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Meow Mix
Meow Mix is a variety of dry and wet cat food known for its advertising jingle. It is a product of The J.M. Smucker Company as of March 23, 2015. Meow Mix was introduced in 1974 and sells many flavors, including Original Choice and Seafood Medley, among many others. It also is known for selling Alley Cat dry cat food. Their current slogan is "it's the only brand cats ask for by name." Overview The Meow Mix Company operates from a facility in Decatur, Alabama and produces Alley Cat brand cat food products. Originally a product of Ralston Purina, Meow Mix was divested for antitrust reasons in the early 2000s. The brand was acquired by Del Monte Foods in May, 2006. Their most famous slogan is, "Tastes so good, cats ask for it by name." The company was acquired by Cypress Group, a New York-based private equity firm in a $425 million leveraged buyout in 2003. Three years later, Del Monte Foods acquired the company for $705 million. The company had also been owned by J.W. Childs ...
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Enterprise Value
Enterprise value (EV), total enterprise value (TEV), or firm value (FV) is an economic measure reflecting the market value of a business (i.e. as distinct from market price). It is a sum of claims by all claimants: creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial analysis, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity. Importantly, EV reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions. Therefore, financial analysts often use a comfortable range of EV in their calculations. EV equation For detailed information on the valuation process see Valuation (finance). : Enterprise value = :: common equity at market value (this line item is also known as "market cap") :: + debt at mark ...
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Friskies
Friskies is an American brand of wet and dry cat food and treats owned by Nestlé Purina PetCare Company, a subsidiary of Nestlé global. Friskies was initially introduced by Carnation Company in the 1930s as a dog food brand. When Friskies cat food was introduced in the 1950s, it was the first dry pet food product specifically for cats. The brand was acquired by Nestlé in 1985. From the 1970s to the 2000s, variations in Friskies cat food proliferated as the competition for consumer spending intensified. Corporate Friskies is produced and marketed by Nestlé Purina PetCare, a subsidiary of Nestlé. Friskies was first introduced in the 1930s by Carnation through its subsidiary, Albers Company. By 1973, Friskies was one of five companies that controlled two-thirds of the $1.75 billion pet food market. At the time Carnation was known for dry milk products, but also had operations processing animal feed for farms. It experimented with dry food products for 3.5 years at Carnation ...
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Cargill
Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Cargill has frequently been the subject of criticism related to the environment, human rights, finance, and other ethical considerations. Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; raising of livestock and production of feed; and producing food ingredients such as starch and glucose syrup, vegetable oils and fats for application in processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity marke ...
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Ralcorp
Ralcorp Holdings is a manufacturer of various food products, including breakfast cereal, cookies, crackers, chocolate, snack foods, mayonnaise, pasta, and peanut butter. The company is based in St. Louis, Missouri. The majority of the items Ralcorp makes are private-label, store-brand products. It has over 9,000 employees. Ralcorp has its headquarters in the Bank of America Plaza in downtown St. Louis. History and description Originally part of Ralston Purina, the Ralston name was more associated with food for humans; soda crackers and a farina cereal, among other products, were marketed under this name. Ralcorp can trace its ancestry to 1898 when William H. Danforth of Purina Mills, which made animal feeds, began making breakfast cereal. He sought and received the endorsement of Webster Edgerly (Dr. Ralston) who founded the Ralstonism social movement. Ralston cereal became so successful that Purina Mills was renamed Ralston Purina in 1902. Ralston Purina also for many years p ...
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Land O'Lakes
Land O'Lakes, Inc. is an American member-owned agricultural cooperative based in the Minneapolis-St. Paul suburb of Arden Hills, Minnesota, United States, focusing on the dairy industry. The cooperative has 1,959 direct producer-members, 751 member-cooperatives, and about 9,000 employees who process and distribute products for about 300,000 agricultural producers, handling 12 billion pounds of milk annually. It is ranked third on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives. The co-op is one of the largest producers of butter and cheese in the United States through its dairy foods business; serves producers, animal owners and their families through more than 4,700 local cooperatives, independent dealers and other large retailers through its Purina Animal Nutrition (Purina Mills) business; and delivers seed, crop protection products, agricultural services and agronomic insights to 1,300 locally owned and operated cooperative and independent agricu ...
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