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Home > Company Index > Food, Beverage & Tobacco > Canned & Frozen Foods > Milnot Company
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Milnot Company |
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PROFILE |
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Milnot milks soybeans for all they're worth. Under the Milnot brand, the company makes canned milk products in which the fat is replaced by soybean oil. Milnot also makes Beech-Nut baby food, Dairy Sweet condensed milk, Chilli Man canned chili, and private-label products. Milnot has plants in Illinois, Missouri, and New York. The company was founded in 1912 as the Litchfield Creamery Company in Litchfield, Illinois. With its 1998 purchase of Beech-Nut from Ralcorp, Milnot more than doubled in size and became the nation's # 3 maker of baby food, behind Gerber and H.J. Heinz. Chicago investment firm Madison Dearborn Partners owns Milnot. Heinz's plan to buy Milnot was crushed in 2001 due to antitrust concerns.
COMPETITION |
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Dairy Farmers of America (dossier)
Nestlé S.A. (NSRGY)
Novartis AG (NVS)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
1999 Sales (mil.): 75.00
1-Yr. Sales Growth: (18.5)%
Employees: 185
Revenue per employee: $405,405.41
KEY PEOPLE |
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Scott Meader
CEO
Alain Souligny
CFO
CONTACT INFO |
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100 S. Fourth St., Ste. 1010
St. Louis, MO 63102
US
Phone: 314-436-7667
Fax: 314-436-7679
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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