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Oscar Mayer is an American meat and cold cut producer known for its hot dogs, bologna, bacon, ham, and Lunchables products. The company is a subsidiary of the Kraft Heinz Company and based in Chicago, Illinois .
The company also announced a goodwill impairment charge that wrote down the value of the company's Kraft and Oscar Mayer brands of $15.4 billion in the fourth quarter, which resulted in a net loss of $12.61 billion. [57] The all-resulting news made the company's stock crash more than 20% in after-hours trading. [57]
Prior to 1996, Louis Rich, the brand name for Oscar Mayer's turkey division, owned the processing plant in West Liberty. [1] In early 1996, Oscar Mayer's parent company, Kraft Foods, announced that they would close the plant that December if no buyer purchased it. [6]
Oscar Mayer announced Wednesday the launch of plant-based NotHotDogs and NotSausages. It's a joint venture between Oscar Mayer parent Kraft Heinz and TheNotCompany, a Chile-based food-tech company ...
Sam Rovit, an executive vice president with Kraft Foods , has been named president of the company's Oscar Mayer unit, effective immediately, the company announced [link opens in PDF] today. He ...
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Oscar Gustave Mayer (March 16, 1914 – July 6, 2009) was an American business executive who served as chairman of the Oscar Mayer meat and cold cut production company headquartered in Madison, Wisconsin, the third Oscar Mayer to lead the family business, following his grandfather, company founder, Oscar F. Mayer, who died in 1955, and his father, Oscar G. Mayer Sr., who died in 1965.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]