| Business Summary | | Hanover
Foods
Corporation
is
a
vertically
integrated
processor
of
food
products.
The
Company
is
involved
in
the
growing,
processing,
canning,
freeze-drying,
packaging,
marketing
and
distribution
of
its
products
under
its
own
trademarks,
as
well
as
other
branded,
customer
and
private
labels.
The
Company
markets
its
products
under
the
brand
names
Hanover,
Hanover
Farms,
Myers,
Phillips,
Gibbs,
Superfine,
Maryland
Chief,
Mitchell's,
Dutch
Farms,
Sunwise,
O&C
(jarred
onions
only),
Spring
Glen
Fresh
Foods,
Sunnyside
Foods,
Nottingham,
Bickel's,
Bon
Ton,
York
Snacks,
Cabana
and
Draper
King
Cole.
The
products
sold
by
the
Company
under
these
brand
names
include
canned
vegetables,
beans
and
pasta,
as
well
as
frozen
vegetables,
frozen
meat
products,
food
entrees,
refrigerated
and
fresh
foods,
canned
and
frozen
mushrooms
and
potato
chips. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hanover
Foods
Corporation
is
vertically-integrated
processor
of
vegetable
products,
involved
in
the
growing,
processing,
canning,
freeze-drying,
packaging,
marketing
and
distribution
of
its
products
under
its
own
trademarks
as
well
as
private
labels.
For
the
39
weeks
ended
2/25/01,
net
sales
rose
5%
to
$233.8
million.
Net
income
applicable
to
Common
fell
26%
to
$5.2
million.
Results
reflect
increased
sales
of
York
and
Bon-Ton
products,
offset
by
higher
promotional
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| John Warehime, 62 Chairman
and CEO | $2.1M | Gary Knisely, 51 Exec.
VP, Gen. Counsel, Sec., CFO | 368K | Alan Young, 57 Sr.
VP- Purchasing and Transportation | 202K | Peitro Giraffa, Jr., 54 VP-
Controller and CAO | 174K | Edward Boeckel, Jr., 49 Treasurer | -- | Dollar
amounts are as of 28-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|