Beech-Nut Nutrition Corporation Essay

beechwood-Nuttagums roots go back to 1891, to the Mohawk Valley town of Canajoharie, saucy York. It was founded there by Walter H Lipe, his brother and 2 friends (see alliance blade site for more specific info). as The Imperial Packing society its first product was Beech-Nuttagum ham based on an old Lipe family recipe. overplay and bacon were the attach tos main products for its first seven years.The company was corporal as the Beech-Nuttagum Packing Company in 1899. In 1900, the companys sales were $200,000. Engineers from Beech-Nut patented the first vacuum jar with a introduction that included a gasket and top that became a standard of the industry and could extend intact in transit.During the first 25 years of the 20th century, the company expanded its product business organisation into peanut butter, jam, pork and beans, ketchup, chili sauce, mustard, spaghetti, macaroni, marmalade, caramel, harvest drops, mints, chewing gum, and coffee. edit Timeline* 1891, founded as The Imperial Packing Company. * 1931, Life Savers Limited acquired Beech-Nut. * 1968, Beech Nut-Life Savers merged with Squibb (part of the Olin Corporation) to form the Squibb Beech-Nut Corporation. * 1973, part of the company, interchange only baby food, was exchange to a group led by lawyer Frank C. Nicholas. * 1977, Beech-Nut viands Corporation became the first baby food company to have an full(a) product line without added salt. * 1979 Nicolas sold the company to Nestl.* 1987, Beech-Nut Nutrition Corporation salaried $2.2 million, then the largest fine issued, for violating the Federal Food, Drug, and Cosmetic Act by selling artificially flavored sugar water as apple juice. John F. Lavery, the companys vice prexy for trading operations was convicted in criminal chat up and sentenced to a year and a day in jail Niels L. Hoyvald, the president of the company, also convicted, served six months of community service. Each of them also paid a $100,000 fine.1 * 1989 Ralston Purina acquired Beech-Nut from Nestl.* 1997, all Beech-Nut products now free of added refined sugar. * 1998, Milnot Holding Corporation, one of the portfolio of companies have by the private equity investment firm Madison Dearborn Partners, acquired Beech-Nut from Ralcorp Holdings (a bear of Ralston Purina). * 2002, Beech-Nut became the first baby food manufacturer to produce a line of baby food with DHA and ARA, two essential fatty acids found naturally in breast milk. * 2005, Madison Dearborn sold Milnot, and Beech-Nut along with it, to the Swiss mark consumer-goods firm Hero Group.1 * 2007, Beech-Nut announced its intentions to move all of its manufacturing and corporate operations to Florida, New York by fall 2009.