citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2013 learn how and when to remove this template message tom s snacks co. type corporation industry snack food founded 1925 founder tom huston headquarters charlotte north carolina usa key people david singer ceo website tom s snacks tom s snacks co. a subsidiary of snyder s lance inc. is an american snack food company founded in columbus georgia . 1 contents 1 history 1.1 the beginning 1.2 changes in ownership 1.3 today 2 products 3 references 4 external links history edit the beginning edit in 1925 tom huston founded tom s roasted peanuts 2 and began selling his peanuts for a nickel a bag . within two years tom s peanuts were being sold around the country generating us 4 million in sales . however due to unpaid notes huston lost the company to the bank . in 1932 walter richards bought tom s from the bank and took the company public . by the 1950s sales reached us 16 million . changes in ownership edit in 1966 general mills acquired tom s for us 75 million and changed the name to tom s foods . in the 1970s general mills attempted to launch tom s chips into national supermarkets and branched off a new vending office snack service . by 1983 tom s had changed ownership again . rowntree mackintosh paid us 215 million to acquire the company in a mutual agreement . during their ownership they launched a franchise program for their distributors . due to the lack of sales the company was once again sold . tf acquisition corporation took over the company in 1988 paying us 200 million in a management buyout . 3 under this new ownership they opened new chip plants in columbus georgia 4 and tennessee expanding their network of independent distributors . tom s had goals of increasing sales to up over us 400 million over the next five years . their goals fell short and in 1993 heico acquisitions took the company over . 5 over the next couple years sales suffered falling to us 200 million . as a result tom s foods had declared bankruptcy . 6 today edit in 2005 lance inc. won the bid to acquire tom s foods for 37 9 million plus certain liabilities 7 and renamed it tom s snacks co. as of 2016 update tom s products are distributed across the country by snyder s lance . tom s snacks is the first mainstream snack company to feature wrestlers on the packaging of their potato chip bags including tna stars kurt angle rob van dam mr. anderson velvet sky the pope d angelo dinero & aj styles . 8 products edit tom s products include potato chips corn chips fries tortilla chips and pork skins . 9 additionally bugles are manufactured under the brand name . 10 references edit who we are . tom s snacks . retrieved july 24 2016 . bowers paige 2006 10 06 . tom s foods . new georgia encyclopedia . retrieved 2016 09 20 . the management of tom s foods inc. a snack food manufacturer announced tuesday it has reached an agreement to purchase the company from its present owner rowntree plc for 200 million . . upi.com . united press international . 1988 04 26 . retrieved 2016 09 20 . gates jim 2014 12 15 . tom s foods concrete peanut silos columbus georgia aerial . youtube . google . retrieved 2016 09 20 . tom s bought . chicago tribune . tribune media . 1993 05 15 . retrieved 2016 09 20 . mahoney ryan 2004 11 15 . snack food maker tom s can t pay 63m in debt . atlanta business chronicle . american city business journals . retrieved 2016 09 20 . lance wins bid for tom s foods . convenience store news . ensembleiq . 2005 10 19 . retrieved 2016 09 20 . kurt angle replacing aj styles more on tna working with tom s brand snacks . wrestle news . qool media inc. 2011 01 10 . retrieved 2016 09 20 . tom s product locator . snyder s lance product locator . snyder s lance . 2016 . retrieved 2016 09 20 . our snacks bugles . tom s snacks . retrieved july 17 2016 . external links edit tom s snacks website review of tom s products . v t e snyder s lance inc. divisions and brands lance snyder s of hanover krunchers cape cod potato chips captain s wafers jays grande tom s eatsmart naturals archway o ke doke padrinos stella d oro quitos retrieved from https en.wikipedia.org w index.php title tom % 27s snacks & oldid 740399053 categories companies based in north carolinasnack food manufacturers of the united stateslance inc. brandshidden categories articles needing additional references from august 2013all articles needing additional referencesarticles containing potentially dated statements from 2016all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links 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