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Home > Company Index > Food, Beverage & Tobacco > Meat Products > Premium Brands Inc.

Premium Brands Inc.
 NEWS FROM THE WIRES
Saskpool concludes sale of Premium Brands stake
Jul 13 2001 08:38 AM PDT

More WIRE STORIES about this company

 PROFILE
It doesn't sound significant, but when Premium Brands (formerly Fletcher's Fine Foods) quit processing pigs to focus on processing pork, it moved up a link on the food industry chain. Its deli meat and processed pork brands include Fletchers, Harvest, and Grimm's. Its Quality Fast Foods subsidiary makes packaged sandwiches. Premium Brands sold its fresh pork division to focus on its processing and distribution businesses, including home delivery of frozen foods through its Goodlife Brands subsidiary. Premium Brands provides products to food service, retail, and wholesale customers in Canada and the US. The company bought back the 41% stake that Saskatchewan Wheat Pool previously owned of it for $41 million.

 COMPETITION
ConAgra Foods, Inc. (CAG)
Hormel Foods Corporation (HRL)
Maple Leaf Foods Inc. (MFI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 334.70
1-Yr. Sales Growth: 10.5%
Employees: 2,034
Revenue per employee: $164,552.61

 KEY PEOPLE
• Fred Knoedler
    CEO
• William D. Kalutycz
    CFO

 CONTACT INFO
7720 Alderbridge Way
Richmond British Columbia V6X 2A2, Canada
Phone: 1-604-656-3100
Fax: 1-604-656-3157

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