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Since the 1880s, Chicago has also been home to firms in other areas of the food processing industry, including cereals, baked goods, and candy. [ 2 ] In the twenty-first century, companies such as The Kraft Heinz Company , Wrigley , Sara Lee , and Tootsie Roll Industries , all maintain operations within the Chicago metropolitan area .
In 2019, it acquired Chicago area meat company Rose Packing Company for an undisclosed amount. [22] In 2011, Forbes listed OSI as America's 136th largest private company, based on annual revenues of $3 billion. [23] In 2016, it was #58 on the Forbes list of largest private companies, at $6.1 billion. [1]
[4] [5] Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2021. [6] [7] Its sister company, Mondelez International, was split from Kraft Foods Inc. in 2012, alongside Kraft before its merger with Heinz. Mondelez holds the old Kraft Foods ...
JBS S.A. is a Brazilian company that is the largest (by sales) meat processing company in the world. The company was founded in 1953. by José Batista Sobrinho in Anápolis, Goiás.
Dwayne Andreas was named CEO of ADM in 1970, [4] and two years later was elected chairman of the company's board. [28] Under his leadership, Archer Daniels Midland acquired many smaller agricultural companies and expanded into international markets, [29] eventually becoming one of the world's largest agricultural processing companies.
On March 25, 2015, Kraft Foods Group Inc. announced that it would merge with the H. J. Heinz Company, owned by 3G Capital and Berkshire Hathaway Inc., to form the world's fifth-largest food and beverage company. [44] The companies completed the merger on July 2, 2015, with the latter changing its name to the Kraft Heinz Foods Company. [15] [45]
In May 2022, Grupo Bimbo agreed to sell its confectionery business, Ricolino, to the Chicago-headquartered food processing company, Mondelēz International for approximately US$1.3 billion. [66] The sale was completed on November of that same year.
Oct. 2—Soon, 379 workers at a Lamb Weston Holdings, Inc. potato processing plant in Connell, Washington, will be out of a job. Mayor Lee Barrow estimates the closure of the plant in central ...