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Home > Company Index > Food, Beverage & Tobacco > Agricultural Operations & Products > Michael Foods, Inc.
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Michael Foods, Inc. |
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PROFILE |
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For Michael Foods, the egg comes first (to answer that age-old riddle). The diversified food processor and distributor has four divisions, but eggs account for about 60% of sales. With the help of 14 million hens, Michael Foods is the largest US producer of long-shelf-life liquid eggs to industry and consumers. Its other divisions produce Kohler dairy-mix products and Northern Star refrigerated potato products and distribute refrigerated foods such as cheese, eggs, and butter. Customers include food processors, food service companies, and grocery stores. Growth has come from acquisitions and new value-added products. A group led by management, the Michael family, and two investment firms took the company private in 2001.
COMPETITION |
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Cal-Maine Foods, Inc. (CALM)
Kraft Foods Inc. (KFT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,080.60
1-Yr. Sales Growth: 2.6%
Employees: 4,100
Revenue per employee: $263,560.98
KEY PEOPLE |
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Gregg A. Ostrander
CEO
John D. Reedy
CFO
CONTACT INFO |
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5353 Wayzata Blvd., Signal Bank Bldg., Ste. 324
Minneapolis, MN 55416
US
Phone: 952-546-1500
Fax: 952-546-3711
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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