The J.M. Smucker Company
This article needs to be updated. The reason given is: Article needs update regarding sales of baking assets to Brynwood Partners. (July 2018) |
Type | Public |
---|---|
Founded | 1897 Orrville, Ohio, U.S. |
Founder | Jerome Monroe Smucker |
Headquarters | , U.S. |
Key people | Mark T. Smucker, CEO Richard K. Smucker, Chairman |
Revenue | $8.17 billion (2020) |
Number of employees | 7,300 (2020) |
Subsidiaries | Big Heart Pet Brands |
Website | jmsmucker |
The J. M. Smucker Company, also known as Smucker and Smucker's, is an American manufacturer of jam, peanut butter, jelly, fruit syrups, beverages, shortening, ice cream toppings, and other food products in North America. Smucker's headquarters are located in Orrville, Ohio.[2] It was founded in 1897.[3]
History[]
Founding[]
The J.M. Smucker Company was founded in 1897 by Jerome Monroe Smucker. The company produces many types of jellies, jams, and other food items. Jerome was born on December 5, 1858 in Orrville, Ohio. Much of his life was spent as a farmer in Orrville. In 1897 Jerome built a cider mill that was located in Orrville. The company claims that he used fruit from trees planted by Johnny Appleseed in the early nineteenth century.[4][3] Later, he prepared apple butter and sold it from the back of a horse-drawn wagon.[3][5] The company was incorporated in 1921.[6]
Celebrations[]
The town of New Bethlehem, Pennsylvania is home to the Peanut butter festival. The Festival is one of the most popular attractions and the town holds it annually. The festival is held because the Smuckers peanut butter factory is in the town and is the lead employer.
Recent[]
The J. M. Smucker Company has been headquartered in Orrville, Ohio, since its founding, and has been family-run for four generations. Since 1998, the company has appeared on Fortune magazine's annual listing of the 100 Best Companies to Work For in the United States, ranking number one in 2004.[7]
In May 2008, Smucker's announced it had bought the food division of Knott's Berry Farm from ConAgra Foods, while Cedar Fair continues to own the theme park itself.[8]
On June 4, 2008, Smucker's announced it would purchase the Folgers coffee brand division from Procter & Gamble for $3.3 billion; completion of the sale was announced on November 6, 2008. [9][10][11] In 2011 Smucker's purchased the privately held Rowland Coffee Roasters, makers of Latin coffee brands such as Cafe Bustelo, Cafe Pilon, and .[12]
After an antitrust lawsuit filed by the Federal Trade Commission (FTC) in early March 2018, ConAgra Brands Inc. and J. M. Smucker Co. cancelled a deal for Smucker to purchase the Wesson cooking oil brand. The FTC claimed that Smucker would have controlled at least 70 percent of the market for branded canola and vegetable oils.[14]
In September 2018, Smucker sold the Pillsbury baking products to Brynwood Partners for $375 million.[15]
In December 2020 Smucker sold the Crisco brand to B&G Foods.[16]
Current products[]
The J. M. Smucker Company is a marketer and manufacturer of fruit spreads, peanut butter, ice cream toppings, sweetened condensed milk, and health and natural foods and beverages. J.M. Smucker Company brands include:[17]
- Smucker's
- Santa Cruz Organic
- Jif
- Laura Scudder's
- R.W. Knudsen Family
- Hungry Jack
- Dunkin' Donuts (K-Cup and pre-made coffee) [18]
- Meow Mix
- Milk-Bone
- Kibbles 'n Bits
- 9Lives
- Martha White
- Folgers
- Bick's
- Five Roses
- truRoots
- Sahale Snacks
- Robin Hood
- Shirriff (in Canada)
Product types and brands[]
- Jam, jelly, and preserves
- Dickinson's Gourmet Preserves
- King Kelly Orange Marmalade
- Shirriff marmalade (Canada)
- Zest Sweet Mustard Pickles
- Fruit Butter
- Jam
- Double Fruit
- Low Sugar
- Preserves
- Simply Fruit
- Sugar Free
- Organic
- Peanut butter
- Jif
- Jif to Go
- Goober PB&J
- Smucker's Natural
- Smucker's Natural with Honey
- Adams Natural
- Laura Scudder Natural
- Organic
- Sandwiches
- Grape PB&J
- Strawberry PB&J
- Grilled cheese
- Peanut butter and honey on wheat
- Peanut butter
- Uncrustables
- Ice cream toppings
- Magic Shell
- Microwaveable ice cream topping
- Specialty ice cream topping
- Spoonable ice cream topping
- Sugar-free ice cream topping
- Sundae syrups
- Marshmallow spoonable ice cream topping
- Specialty items
- Crosse & Blackwell, traditional English foods
- Fruit syrup
- Habitant (Canada, vegetable items only; jams, fruit spreads and syrup is made by E.D. Smith)
- Bicks
- Milnot
- Plate Scapers dessert topping
- Specialty items
- Flour and baking mixes
- Robin Hood Flour (in Canada)
- Five Roses Flour (in Canada)
- Ardent Mills, Saskatoon, Canada
- Juices, beverages, and sauces (natural and organic)
- After the Fall
- Natural Brew (Real Brew in Canada)
- R.W. Knudsen Family (also apple butter and cranberry sauce)
- Santa Cruz Organic (also peanut butter, chocolate and caramel sauce, and applesauces)
- Tenderleaf Tea (from the makers of Folgers)
- Coffee products
- Folgers
- Millstone
- Dunkin' Donuts (licensed to manufacture in retail grocery market)
- Kava
- Café Bustelo/Café Pilon
- Medaglia d'Oro
Company acquisitions[]
Source:[6]
- 1963
- Mary Ellen (jams and jellies)
- 1979
- Dickinson's (gourmet preserves and jellies)
- 1984
- Knudsen & Sons (fruit and vegetable juices)
- 1988
- Shirriff (dessert toppings and marmalades including Good Morning Marmalade) (Canada)
- 1989
- Henry Jones Foods (jams and jellies) (Australia) sold in 2004 to SPC Ardmona.(Australia)[19]
- 1994
- Laura Scudder (peanut butter)
- After the Fall (juices)
- 1998
- Adams (peanut butter)
- 2002
- Jif (peanut butter)
- Crisco (oils)
- 2004
- International Multifoods Corporation[20]
- Pillsbury (flour products and frosting)
- Hungry Jack (pancake mixes, syrup, and potato side dishes)
- Pet (milk products)
- Martha White (baking mixes and ingredients)
- Robin Hood Flour (Canada)
- Red River Cereal (Canada)
- Bick's (pickles and condiments) (Canada)
- Golden Temple (Indian foods) (Canada)
- International Multifoods Corporation[20]
- 2006
- White Lily Brand (flour products)
- 2007
- 2008
- 2010
- 2011
- Sara Lee North American foodservice coffee and tea operations (coffee products)[28]
- 2015
- 2018
- Ainsworth Pet Nutrition[30]
- Nutrish
- Better Than! Treats
- Dad's Pet Care
- Ainsworth Pet Nutrition[30]
See also[]
- Sealed crustless sandwich, a patented Smucker product
- Reverse Morris trust, an acquisition method favored by Smucker.
References[]
- ^ "The J.M. Smucker Co. Introduces an Updated Corporate Identity to Better Reflect its Growth, Diverse Portfolio" (Press release). The J.M. Smucker Company. September 23, 2020. Retrieved October 16, 2020.
- ^ "100 Best Companies to Work For 2008: J. M. Smucker". CNN.com. 2008.
- ^ Jump up to: a b c "Smucker's History". JMSmucker.com. The J.M. Smucker Company.
- ^ "Johnny Appleseed Heritage Center breaks ground near Mansfield". Farm and Dairy. August 16, 2001. Retrieved June 10, 2020.
- ^ "Jerome M. Smucker". ohiohistorycentral.org. Ohio History Connection.
- ^ Jump up to: a b "Smucker Company Timeline". Smuckers.com.
- ^ "100 Best Companies to Work For in the United States". Fortune. January 12, 2004.
- ^ Eades, Mark (May 27, 2016). "Knott's Berry Farm gets new boss, a former Disneyland executive". Orange County Register. Retrieved August 22, 2018.
- ^ "Smucker's to buy Folgers coffee". Plain Dealer. June 4, 2008. Archived from the original on March 3, 2016 – via Cleveland.com.
- ^ "The Marketing Doctor Says: Smuckers Buys Folgers". Marketing Doctor. June 6, 2008. Archived from the original (blog) on October 29, 2013.
- ^ "The J. M. Smucker Company Announces Completion of Folgers Merger". Folgers.com (Press release). June 11, 2008. Archived from the original on February 7, 2009.
- ^ "The J. M. Smucker Company Acquires Leading Hispanic Brands From Rowland Coffee Roasters". Cision US Inc. May 16, 2011. Retrieved August 18, 2021.
- ^ {cite web |title=Medaglia d'Oro About Us |url=https://www.medagliadoro.com/about-us |website=Medaglia d'Oro |access-date=18 August 2021}}
- ^ Armental, Maria (March 6, 2018). "Smucker, Conagra Call Off Wesson Oil Deal After FTC Challenge". The Wall Street Journal. The New York Times, New York City, United States. Retrieved March 9, 2018.
- ^ Marchat, Alissa (September 4, 2018). "J.M. Smucker Co. Closes $375M Deal With Hometown Food Co". The Shelby Report. Retrieved April 7, 2019.
- ^ "B&G Foods Completes Acquisition of Iconic Crisco® Brand". bgfoods.com. December 1, 2020.
- ^ "The J. M. Smucker Company Declares Dividend" (Press release). The J. M. Smucker Company. October 20, 2017. Retrieved November 14, 2017 – via PRNewswire.com.
- ^ "Dunkin' Brands, the J.m. Smucker Company and Keurig Expand Partnership to Make Dunkin' K-Cup Packs Available at Retail Outlets Nationwide and Online".
- ^ "SPC to acquire IXL for $51 m". The Age. May 12, 2004. Retrieved March 11, 2014 – via theage.com.au.
- ^ "International Multifoods Shareholders Approve Merger With The J.M. Smucker Company". allbusiness.com.
- ^ "About Us". Eagle Family Foods.
- ^ Townsend, Adam; Staff Writers (November 22, 2008). "Why Did Food Maker Leave California?". Orange County Register. Retrieved November 14, 2017 – via OCRegister.com.
- ^ "History". fiveroses.ca. Five Roses. Retrieved August 31, 2017.
- ^ "J. M. Smucker Company Acquires Knott's Berry Farm(R) Food Brand From ConAgra" (Press release). May 13, 2008 – via Reuters.com.
- ^ Jump up to: a b "J.M. Smucker acquires Montreal-based Europe's Best frozen fruit". freshplaza.com. Canadian Press. March 5, 2008. Archived from the original on July 20, 2011. Retrieved November 14, 2017.
- ^ "Sitemap - Millstone Coffee". Millstone.com. March 22, 2011. Retrieved January 25, 2014.
- ^ "Cuban Coffee Brand May Pour Into Mainstream". npr.org. NPR. June 14, 2011. Retrieved January 25, 2014.
- ^ "Sara Lee Corp. Announces Sale of Majority of North American Foodservice Coffee Operations to The J.M. Smucker Company". SaraLee.com (Press release). Downers Grove, Illinois: Sara Lee Corp. October 24, 2011. Archived from the original on September 9, 2012. Retrieved November 14, 2017.
- ^ Mackinnon, Jim (February 3, 2015). "J.M. Smucker adds major pet food brands in 'transformational' $5.8 billion purchase". Akron Beacon Journal. Retrieved February 4, 2015.
- ^ "Smucker to buy company behind Rachael Ray dog food". The Washington Post. April 4, 2018. Archived from the original on April 5, 2018.
External links[]
Wikimedia Commons has media related to The J.M. Smucker Company. |
- Official website
- Business data for The J.M. Smucker Company:
- The J.M. Smucker Co. brands
- Food and drink companies based in Ohio
- Brand name condiments
- Baking mixes
- American companies established in 1897
- Food and drink companies established in 1897
- 1897 establishments in Ohio
- Wayne County, Ohio
- Companies listed on the New York Stock Exchange
- Condiment companies of the United States
- Fruit preserve companies