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General Mills itself was created on June 20, 1928, [8] when Washburn-Crosby President James Ford Bell merged Washburn-Crosby with three other mills. [9] In the same year, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls , Texas .
The brand is owned by General Mills. Pillsbury acquired it in 1995, when its then-parent company Grand Metropolitan bought Pet, Inc., which had itself taken over the brand in 1968 from the Mountain Pass Canning Company. [1] The name is a reference to the city of El Paso, Texas, and the historical "Old" period when Texas was a part of Mexico.
James Ford Bell (August 16, 1879 – May 7, 1961), was an American business leader and philanthropist, was the founder of General Mills in 1928. He served as president of General Mills from 1928 to 1934 and as chairman from 1934 to 1948. He remained a board member until his death in 1961.
General Mills (NYS: GIS) carries $12.9 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
In 1979, Ogden Corporation bought Progresso for $35 million. [3] In 1986 Ogden Foods was sold to Pet, Inc. for $320 million. [4] In 1995, Pet, Inc. was acquired by the Pillsbury Company, then a subsidiary of Grand Metropolitan. [5] General Mills acquired Pillsbury in 2001. [6] A can of "Steak and Roasted Russet Potatoes" ready to be heated on ...
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British Columbia Corporate Registry (subscription required) [328] Manitoba: No: Manitoba Companies Office (subscription required) [329] New Brunswick: No: Corporate Affairs Registry Database [330] Newfoundland and Labrador: Yes: Companies and Deeds Online [331] Northwest Territories: Yes: Department of Justice – Corporate Registry [332] Nova ...
By 1874, Charles A. Pillsbury and Company owned five mills at the falls, and in 1879, Washburn-Crosby Company (now General Mills) owned four mills. The former Washburn "A" Mill building on the west side of the falls exploded on May 2, 1878, but its owners quickly rebuilt the west side district, including a new, larger Washburn "A" Mill .