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Home > Company Index > Food, Beverage & Tobacco > Other Processed & Packaged Goods > American Italian Pasta Company

American Italian Pasta Company
NYSE: PLB
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 NEWS FROM THE WIRES
Australian stocks dragged lower by miners, CPI
Jul 24 2001 11:39 PM PDT

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Jul 24 2001 11:38 PM PDT

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 PROFILE
American Italian Pasta Company (AIPC) noodles around with macaroni, spaghetti, and the like. The company is the largest maker of private-label pasta in North America and turns out pasta in more than 80 shapes. Its customers include most major US grocers, food service giant SYSCO, Italian-food restaurant chain Olive Garden, and food processors Kraft, Pillsbury, and General Mills, which put its pasta in their products. AIPC bought the Mueller's pasta brand from Bestfoods and seven pasta brands (such as R&F) from Borden Foods, and it makes its own under the Pasta LaBella brand. AIPC has plants in Missouri, South Carolina, and Wisconsin. It plans to offer Italian-made pasta from a plant it's renovating near Milan.

 COMPETITION
Barilla G & R Fratelli S.p.A. (dossier)
New World Pasta Company (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 248.80
1-Yr. Sales Growth: 13.0%
Employees: 511
Revenue per employee: $486,888.45

 KEY PEOPLE
• Timothy S. Webster
    CEO
• Warren B. Schmidgall
    CFO

 CONTACT INFO
4100 N. Mulberry Dr., Ste. 200
Kansas City, MO 64116
US
Phone: 816-502-6000
Fax: 816-502-6080
Online: Web Site

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