Rocky Mountain Chocolate Factory
 | This article contains content that is written like an advertisement. (April 2017) |
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| Type | Public |
|---|---|
| Nasdaq: RMCF Russell Microcap Index component | |
| Industry | Chocolate and other confectionery |
| Founded | 1981 |
| Headquarters | Durango, Colorado, United States |
Number of locations | 360 (2019) |
Key people | Franklin E. Crail, Founder and CEO |
| Revenue | 34,545,447 United States dollar (2019)  |
Number of employees | 231 (2019) |
| Website | www |
Rocky Mountain Chocolate Factory is an international franchisor, confectionery manufacturer and retail operator in the United States, with outlets in Panama, the Philippines, and the United Arab Emirates.[1] The company is based in the town of Durango in southwestern Colorado.
The company manufactures chocolate candies and other confections in its 53,000-square-foot (4,900 m2) factory to supply its franchise locations.[2] The factory typically produces approximately 300 chocolate candies and other confectionery products. These products include many varieties of clusters, caramels, creams, meltaways, truffles and molded chocolates. Individual stores prepare a variety of chocolate items and confections on-site in view of customers, partly out of concern that these items have shorter shelf lives.[3]
The company has been publicly traded on the NASDAQ exchange since 1985 under the symbol "RMCF".[2]
History[]
 | This article's section called "History" needs additional citations for verification. (June 2008) |
The company was founded by Frank Crail, who had recently moved to Durango from Newport Beach, California to raise his family in a small town. He later confessed to Candy industry magazine that he would have opened a See's Candies, but the company doesn't sell franchises. In 1981, the first store was opened on Main street by Frank and two partners.[4] In 1982, the company's first franchises, one in Colorado Springs and one in Park City, Utah were opened. An offsite factory was also built that year. In 1983, the two other partners left the business. In 1985, the company went public on the NASDAQ. In 1996, Whitman's Candies made an offer to buy the company for US$16 million. The offer was rejected by management after the company's results improved in late 1999.
In 2013, Kellogg's in the United States partnered with the Rocky Mountain Chocolate Factory to release a cereal under the latter's brand which consists of sweetened corn flakes, almond slices, and chocolate pieces. After a brief test run, Kellogg's expanded the cereal nationwide in 2014, in part due to positive reviews and growing consumer interest in the product.[5]
References[]
- ^ "US-based Rocky Mountain Chocolate Factory appoints key independent chairperson". Confectionery Production. Retrieved 2021-09-25.
- ^ a b "About Us". Rocky Mountain Chocolate Factory. Retrieved 14 March 2013.
- ^ "Rocky Mountain Chocolate Factory". Retail Merchandiser. 2011-12-19. Retrieved 2021-09-25.
- ^ "How a tech executive turned a fudge store into an international candy empire". Fortune. Retrieved 2021-04-07.
- ^ Kellogg's Rocky Mountain Chocolate Factory Chocolatey Almond Cereal review from Mr. Breakfast (May 23, 2013)
External links[]
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- American chocolate companies
- Companies based in Durango, Colorado
- Food and drink companies established in 1981
- Companies listed on the Nasdaq
- Food company stubs