PROFILE |
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For New World Pasta, American Beauty is Ideal. The company is the leading maker of branded dry pasta in the US, with brands such as American Beauty, Ideal, Ronzoni, San Giorgio, and Skinner. New World Pasta also offers private-label pastas, egg noodle products, and miscellaneous dry grocery foods (instant potatoes, popcorn, rice). Its products are sold to food service customers, grocers, wholesale clubs, drug- and convenience stores, and mass merchandisers. Formerly the Hershey Pasta Group unit of chocolate maker Hershey Foods, the company is about 83%-owned by investment group Joseph Littlejohn & Levy Fund; Miller Pasta (which includes chairman emeritus Mickey Skinner) owns 11%.
COMPETITION |
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American Italian Pasta Company (PLB)
Barilla G & R Fratelli S.p.A. (dossier)
Borden Foods Corporation (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 300.00
1-Yr. Sales Growth: (15.3)%
Employees: 630
Revenue per employee: $476,190.48
KEY PEOPLE |
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John E. Denton
CEO
CONTACT INFO |
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85 Shannon Rd.
Harrisburg, PA 17112
US
Phone: 717-526-2200
Fax: 717-526-2468
Online: Web Site
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