Golden State Foods Net Worth is4.80 $Billion
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Company Name: Golden State Foods / company logo
Golden State Foods (GSF) is a leading US foodservice firm that is a primary supplier for McDonald's restaurants with products including beef patties, Big Mac sauce (which it helped formulate), buns, ketchup, and mayonnaise. It distributes goods to more than 20,000 quick-service eateries from 20 distribution centers. In addition, the company runs the GSF Foundation, a not-for-profit organization that supports local charities focused on helping needy children and families. Founded in 1947 by the late William Moore, Golden State Foods is controlled by Wetterau Associates, an investment group led by Golden State's CEO Mark Wetterau.
The company developed the Big Mac sauce for McDonald's in the late 1960sa??a move that propelled it into a liquid products sector that creates and packages a variety of condiments, syrups, toppings, sauces, dressings and more. GSF pioneered the one-stop-shopping concept that forms the basis for McDonald's highly touted distribution system. GSF's standards in food safety, through Hazard Analysis and Critical Control Points (HACCP) program, addresses such things as proper product formulation, pH control, cooking time and temperature and other quality and safety standardsa??. Further, GSF helped launch McDonald's in the international market, which currently spans more than 120 countries
In 2000, Golden State Foods launched a new division, Chef Gold, to produce liquid products such as ketchup and mustard and cooked meat products. That same year, GSF formed Centralized Leasing Company (CLC), a subsidiary that provides leasing services to GSF. In 2002, the company expanded its one-stop-shopping concept by forming Signature Services, which offers customized services such as store painting, lot striping, power washing and landscaping to its one-stop-shopping services. GSF has teamed with The Arthur Wells Group in St. Louis to form CFM Logistics to help clients more efficiently manage their freight distribution needs; and GSF established Strate

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Golden State Foods Latest News

Golden State Foods names new board member

IRVINE, Calif. – Golden State Foods (GSF) announced Dec. 8 a new member to its board of directors. Jose Armario, former senior executive vice president of supply chain, sustainability, development and franchising for McDonald’s Corp. Armario will join ...
Posted: December 10, 2017, 11:30 pm

IBM & Walmart Launching Blockchain Food Safety Alliance In China With Fortune 500's JD.com

Through the latter initiative, ten food suppliers and retailers – Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart – signalled their intention to collaborate. And ...
Posted: December 14, 2017, 10:38 am

Golden State Foods Appoints Jose Armario To Board Of Directors

IRVINE, Calif., Dec. 8, 2017 /PRNewswire/ -- Golden State Foods (GSF), one of the largest diversified food processors and distributors in the foodservice industry, announced today that it has added a new board member to its board of directors. Jose Armario ...
Posted: December 7, 2017, 4:00 pm
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