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Home > Company Index > Food, Beverage & Tobacco > Other Processed & Packaged Goods > Gilster-Mary Lee Corporation

Gilster-Mary Lee Corporation
 PROFILE
Breakfast is the most important meal of the day, especially at Gilster-Mary Lee. The second-largest private-label cereal manufacturer in the US (behind Ralcorp Holdings), Gilster-Mary Lee makes a variety of cereals in addition to private-label cake, cocoa, dinner, and drink mixes; pasta; and popcorn. The company's customers include major US grocery chains and food wholesalers. The firm also offers products under its own Hospitality brand. The Gilster family founded the company as a flour mill in 1895 and began making cake mixes in the 1950s. Gilster-Mary Lee's 90 or so stockholders are led by president and CEO Donald Welge and his brother CFO Michael Welge, great-nephews of the company's founders.

 COMPETITION
American Italian Pasta Company (PLB)
The Quaker Oats Company (OAT)
Ralcorp Holdings, Inc. (RAH)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 500.00
1-Yr. Sales Growth: 3.5%
Employees: 3,500
Revenue per employee: $142,857.14

 KEY PEOPLE
• Donald Welge
    CEO
• Michael Welge
    CFO

 CONTACT INFO
1037 State St.
Chester, IL 62233
US
Phone: 618-826-2361
Fax: 618-826-2973
Online: Web Site

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