General Mills Net Worth is11.9 12-Month Sales Growth (%)
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Type: Public company
Traded As: GIS, S&P 500
Foundation: Minneapolis, Minnesota, U.S. (1866)
Founders: Cadwallader C. Washburn John Crosby
Location: One General Mills Boulevard, Golden Valley, Minnesota, U.S.
Area Served: United States
Key People: Ken Powell, (Chairman and Chief executive officer)
Industry: Food processing
Products: Cake mixes, Breakfast cereals, yogurt, refrigerated dough, soup, pizza, snack foods, ice cream, soy products, vegetables, flour, and #Breakfast cereals
Revenue: {{increase 14.880 billion (+2%) (2011)}} Operating Income: 2.946 billion (+4%) (2011) Net Income: 1.798 billion (+18%) (2011) Assets: 18,674.5 million (2011) Equity: 6,365.5 million (2011) Num Employees: 35,000 (FY 2011) Homepage: http://www.generalmills.com
Intl: no
General Mills, Inc. (NYSE: GIS) is an American Fortune 500 corporation, primarily concerned with food products headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. The company markets many well-known brands, such as Betty Crocker, Yoplait, Colombo, Totinos, Jeno's, Pillsbury, Green Giant, Old El Paso, HA?agen-Dazs, Cheerios, and Lucky Charms. Its brand portfolio includes more than 100 leading U.S. brands and numerous category leaders around the world.
The company can trace its history to the Minneapolis Milling Company, founded in 1856 by Illinois Congressman Robert Smith, which leased power rights to mills operating along Saint Anthony Falls on the Mississippi River. Cadwallader C. Washburn acquired the company shortly after its founding and hired his brother, William D. Washburn to assist in the company's development. In 1866, the Washburns got into the business themselves, building the Washburn "B" Mill at the falls. At the time, the building was considered to be so large and output so vast that it could not possibly sustain itself. However, the company succeeded, and in 1874 he built the even bigger Washburn "A" Mill.
In 1877, the mill entered a partnership with John Crosby to form the Washburn-Crosby Company. In that same year, Washburn sent William Hood Dunwoody to England to open the market for spring wheat. Dunwoody was successful and became a silent partner. Dunwoody would become immensely wealthy and went on to endow a Minneapolis hospital, Dunwoody Institute (now Dunwoody College of Technology), and a charitable home in Pennsylvania, Dunwoody Village.
In 1878, the "A" mill exploded. The flour dust explosion and ensuing fire resulted in the deaths of 18 workers and also destroyed five nearby buildings. Construction of a new mill began immediately. Not only was the new mill safer but it also was able to produce a higher quality flour. The old grinding stones were replaced with automatic steel rollers. These new rollers were the first

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Sodfather General Manager Kelly Reid said for her employees ... with another practice at Drayton Mills set to open its doors in just a couple weeks. McCarthy said the company has long looked to open o...
Posted: July 22, 2018, 11:36 am

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Many companies take the approach of designing products, services and experiences that are targeted at the majority. And occasionally if there are resources and a strong business case, they turn their ...
Posted: July 17, 2018, 3:00 am
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