Golden Flake Snack Foods, is a producer of potato chips, tortilla chips, corn chips, cheese curls, fried pork skins, and other snack foods in the

southern United States The Southern United States (sometimes Dixie, also referred to as the Southern States, the American South, the Southland, or simply the South) is a geographic and cultural region of the United States of America. It is between the Atlantic Ocean ...

. It is now part of

Utz Quality Foods Utz Brands, Inc. , more commonly known as Utz, is a large American snack food company based in Hanover, Pennsylvania. The company produces a wide variety of potato chips, pretzels, and other snacks, with most of its products primarily sold ...

History

The Golden Flake brand (originally known as Magic City Foods) was established in the 1920s by Mose Lischkoff and Frank Mosher in a

Birmingham, Alabama Birmingham ( ) is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2021 census estimates, Birmingham had a population of 197,575, down 1% fr ...

, grocery store basement. In 1956, Sloan Bashinsky Sr bought Magic City Foods from his father and uncle. He changed the name to "Golden Flake" a year later and, in 1958 moved the production facility to its current 5-acre site. In 1963 he oversaw the acquisition of Don's Foods, a Nashville, Tennessee-based snack producer and distributor. In 1968, the company went public, changing its name again to Golden Enterprises, Inc. It is no longer publicly traded today, and was listed in the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

under the symbol "GLDC". One of its most famous spokesmen was

Paul "Bear" Bryant Paul William "Bear" Bryant (September 11, 1913 – January 26, 1983) was an American college football player and coach. He is considered by many to be one of the greatest college football coaches of all time, and best known as the head coach of t ...

, the head football coach for the Alabama Crimson Tide. For years, the potato chips, along with

Coca-Cola Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlanta ...

, were marketed with the slogan, "'Great Pair' says 'the Bear'". On July 19, 2016, Golden Flake announced that it was being acquired by Utz for $12.00 per share in cash, representing a 71% premium over the average 30-day trading price of $7.00.Golden Enterprises, Inc. and Utz Quality Foods, Inc. announced that they entered into a definitive merger agreement ''GoldenFlake.com'' (Golden Enterprises's website) https://goldenflake.com/golden-enterprises-inc-utz-quality-foods-inc-announced-entered-definitive-merger-agreement/ Retrieved September 13, 2016.

References

External links

*{{official website, https://www.utzsnacks.com/pages/golden-flake Companies based in Birmingham, Alabama Brand name snack foods Snack food manufacturers of the United States Companies formerly listed on the Nasdaq 1923 establishments in Alabama 2016 mergers and acquisitions American companies established in 1923 Food and drink companies established in 1923 Brand name potato chips and crisps