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General mills

General Mills, Inc. - an American corporation producing food products, consumer goods , aerial bombs and nuclear warheads (several thousand produced), [3] [4] as well as “atomic rings” - children's toys worth стоимостью 15, imitating the detonation effect of an atomic bomb warhead [5] . Included in the list of the largest American companies Fortune 500 . The company’s portfolio includes more than 100 such well-known brands as Green Giant , Häagen-Dazs, Pillsbury, Colombo Yogurt, Betty Crocker, Yoplait, Totinos, Cheerios, Trix and others [6] . General Mills products are manufactured in 15 countries and sold in more than 100 countries. The company also sells its prepared breakfast cereal through a joint venture Cereal Partners Worldwide (CPW) [7] .

General Mills, Inc.
General Mills logo.svg
Type ofPublic company
Exchange listing
S&P 500 Component
Base
FoundersCadwallader C. Washburn , John Crosby
Location USA : Gerenral Mills Blvd. 1, Golden Valley , Minnesota
Key figuresKendall J. Powell , Chairman and Chief Executive Officer
IndustryFood industry
ProductsBreakfast cereals, yogurt , frozen dough , canned soups , pizza , ice cream , soy products, vegetables, flour , military products, ammunition , etc.
Equity▼ 6 365.5 million, (2011) [1]
Turnover▼ $ 14.880 billion (+ 2%), 2011 [1]
Operating profit▼ $ 2 946 (+ 4%), 2011 [1]
Net profit▼ 1 798 billion (+ 18%), 2011 [1]
Assets▼ $ 21.602 billion (2016) [2]
Number of employees35,000 (FY 2011) [1]
Sitegeneralmills.com

Content

History

Food Production

 
Poster, late 1880s

The history of the company can be traced back to the Minneapolis Milling Company , founded in 1856 by Illinois Congressman Robert Smith, who used mills that used the energy of St. Anthony's Mississippi Falls.

Cadwallader C. Washburn acquired the company shortly after its founding and hired his brother, William D. Washburn, to help develop the company. In 1866, the brothers built their own Washburn “B” Mill at waterfalls, and in 1874, another Washburn “A” Mill.

In 1877, a partnership was created with John Crosby ( born John Crosby ), the company was called the Washburn-Crosby Company. In the same year, Washburn sent William Hood Dunwoody to England to open a market for spring wheat [8] . Dunwoody's mission was successful and he became a passive partner. Dunwoody became a very wealthy man. He bequeathed his funds to the Minneapolis hospital at the Dunwoody Institute (today the Dunwoody College of Technology) and the Pennsylvania charity - Dunwoody Village.

In 1878, flour dust explosion occurred at mill “A”, 18 workers died in the fire that arose [9] , and five neighboring houses were destroyed. The construction of a new mill began immediately. She was not only safer, but also produced more flour. Old stones grinding grain were replaced with automatic steel rollers. These videos were used for the first time in the world.

Actually, General Mills was created in 1928, when the president of the company Washburn-Crosby added 26 more mills to his own.

 
Postcard depicting the Gold Medal Flour Mill, Minneapolis , Minnesota . Dated around 1900

In 1990, a joint venture was established with Nestlé , Cereal Partners [10] , which promotes breakfast cereals (including many General Mills brands in markets outside the United States and Canada under the Nestlé brand name.

In 2001, General Mills acquired Pillsbury , after which General Mills became known as the “sink” ( English merger ).

Since 2004, the company has been producing more products aimed at a growing number of health-oriented consumers. So, the company has completely replaced the line of breakfast cereals with whole grain products. General Mills also reduced cereal sugar for children [11] [12] . The amount of sugar in cereal for children was reduced to 11 grams per serving [13] .

Toys

For the first time, General Mills entered the toy market in 1965 by purchasing Rainbow Crafts , the manufacturer of Play-Doh plasticine. The acquisition was successful, under new management production costs were reduced, and revenue tripled.

From 1976 to 1985, General Mills participated in the lawsuit as the parent company Parker Brothers . The latter owned the rights to the brand and the idea of ​​the board game " Monopoly " and claimed that the so-called game "Anti-Monopoly" violates its rights as the copyright holder. The dispute reached the level of the US Supreme Court , which decided not in favor of General Mills, deciding that the rights do not extend to the use of the word "monopoly" in the names of other games.

In 1985, the toy division was spun off into a separate company, Kenner Parker Toys, Inc [14] .

Military products

 
During the war, the Buffalo plant was responsible for packing food products supplied under Lend-Lease to the Allies.
The Second World War
  • Granular grain raw materials for the distillation of ethyl compounds for further use as components for the manufacture of gunpowder smokeless varieties ; [15]
  • Individual diets for military personnel (made at the Goldenwell Grocery Plant, in the suburbs of Minneapolis - Golden Valley ); [15]
  • Lend-Lease Food Packaging (Buffalo Precision Mechanics Plant, Buffalo , NY ); [15]
  • Protective coatings and cases for optical instruments and high-precision military equipment (Rochester Precision Mechanics Plant, Rochester , NY, as part of the company's distillation division, Distillation Products ); [15]
  • Bags for filling with sand and use as a means of field fortification (Vallejo Pulp Mill, Vallejo , California ); [15]
 
Minneapolis plant manufactures sights and fire control systems for the fleet
  • Airborne roll angle correctors, sights , torpedo weapon control systems and various devices for the operation and maintenance of these weapons (Minneapolis Naval Arms Plant, Minnesota , in the structure of the company's mechanical division, English Mechanical Division Naval Ordnance Plant ), for the first time months of the war, the factory staff grew by two thousand people, the first serial samples of finished products of precision mechanics arrived on board warships by October 1942. Later, the company's engineers introduced and a number of innovations and useful improvements in production technology of these weapons and their own manufactured military production samples. In addition, they developed a new type of torpedoes, called “ jitterbug ” by analogy with the popular dance of that time, in which the deviation was originally laid to the side of the target - the torpedo immediately after launch went away from the target ship, which was designed to lull his team’s vigilance, as if the threat had passed, but as it reached the estimated attack distance, which did not leave the team time to respond to the threat, the torpedo abruptly changed course in the direction of the target and drowned the enemy’s ship, while thorium its motion could be U-shaped or 8-shaped - for these achievements, the company repeatedly noted ( «E» Award - the award in the form of certificates of honor, awarded in World War II the teams and the management of leading production companies for the high-quality and timely fulfillment of their duties under government military contracts); [15]
  • Programs for the combat use of warm-blooded animals and birds (experiments were carried out at special animal farms, nurseries and poultry farms owned by the company; among others, the Pigeon project on the use of carrier pigeons as a disposable means of guiding missiles and aerial bombs later became the most famous, less well-known similar training projects dogs to control anti-submarine torpedoes, etc.); [sixteen]
  • Parachute mines ( parachute mines ) - were developed and tested on an experimental basis at test sites by dropping from a specially equipped for this purpose mining aircraft, putting on a combat platoon after landing, were not mass produced.
 
John Nuclear Warhead Explosion at Nevada Desert Nuclear Test Site
Cold war
  • Development of self-propelled underwater ocean-based missile systems of bottom-based ( ocean bottom crawler , abbr. RUM ); [17]
  • Nuclear warheads for various missile and bomb weapons, the most popular modifications are W25 and W34 ;
  • Depth nuclear bombs and their warheads; [18]
  • Integrated anti-submarine defense systems ( PLUR and depth charges ) for fleet ships; [nineteen]
  • Homing systems for various high-precision guided weapons and space rocket technology . [20]

The structure of the company included the following units engaged in the production of optical-electronic equipment for military purposes:

  • Magnaflux Corp., Chicago , Illinois (acquired November 2, 1959);
  • Daven Company, Livingston , New Jersey (since June 13, 1960);
  • Laible Manufacturing Co., Manchester , New Hampshire (since June 13, 1960).

Other business areas

In 1970, General Mills acquired a chain of five Red Lobster restaurants and expanded it to a national one. Soon, a division of the company, General Mills Restaurants, was established to manage the Red Lobster network. In 1980, they bought the California-based Good Earth health food chain [21] [22] .

In 1982, General Mills-Restaurants created a new chain of Italian restaurants called Olive Garden , then a chain of Chinese restaurants, China Coast, was created, but in 1995 General Mills separated the division into a separate company - Darden Restaurants - with a redistribution of shares.

In the same ten years, General Mills created the Mills Specialty Retail Group, which acquired two companies that sewed clothes - Talbots and Eddie Bauer . However, Talbots was soon sold to a Japanese company, and Bauer bought the Spiegel catalog.

 
Mill A, which produced Gold Medal Flour , is today a museum owned by the Minnesota Historical Society

Technical Achievements

 
General Mills Corporate Campus in Golden Valley
  • 1930 - General R. Mills engineer Thomas R. James created an apparatus for the production of air grains. The new technology was used in 1937 to create Kix flakes and in 1941 for Cheerioats flakes (today Cheerios).
  • 1939 - Helmer Anderson, an engineer at the company, invented Anderson’s packaging machine. She allowed to seal the bags with flour with glue, instead of tying them with a rope.
  • 1956 - General Mills invented the tear tape, which makes it easy to open the package.
  • 1962 - NASA astronaut Scott Carpenter took solid space food aboard the Aurora 7 spacecraft. Pillsbury scientists have spent more than a year developing it. In addition to nutritional cubes, they invented a pie that does not crumble, and meat that does not need to be stored in the refrigerator.

Sponsorship

In 1941, General Mills sponsored the popular Lone Ranger radio show. Later, the show continued to exist on television. The company sponsored it until 1961.

 
General Mills Minneapolis Mills Location

Since 1959, General Mills sponsored the television series Rocky and His Friends , which in 1961 became the Bullwinkle Show. Until 1968, Rocky and Bullwinkle advertised General Mills products.

The company also sponsored the Wyatt Earp Life and Legend Western, an American Broadcasting Company (ABC) production, starring Hugh O'Brian .

General Mills today

In 2012, General Mills ranked 181 on the list of the largest US companies Fortune 500 [23] and was the third largest food producer in the United States [24] .

  • Market cap = $ 29.9 billion (May 2013);
  • Share capital - $ 6.365.5 million (2011);
  • Market value - $ 25,322.7 (2012) [25] .

For 2012:

  • Workers in the USA - 16,939 people;
  • Workers outside the United States - 18,223 people;
  • Staff turnover - 3%;
  • The number of applications for a place is 149 thousand resumes [26] .

Corporate Culture

General Mills has been ranked eight times in the top 100 US employers list. In 2012, she took 63rd place [26] .

In particular, the company adheres to a policy of eliminating discrimination , including representatives of non-traditional sexual orientation . In June 2012, the company’s vice president of minority rights stated that General Mills was opposed to an amendment prohibiting same-sex marriage in Minnesota and contrary to General Mills corporate values. [27] The position of the company caused a positive response in society [28] .

The company pays special attention to employee training as an important component of corporate culture. So, employees draw up individual development plans ( IPR ), for which the company provides the necessary resources. In the preparation of these plans help special video tutorials. The company has a special training unit - General Mills Institute. General Mills encourages cross-functional career growth using special rotation programs [29] .

Corporate Governance

As of June 2013, the company's management includes:

  • Kendall J. Powell - Chief Executive Officer, Chairman of the Board of Directors;
  • Mark W. Addicks - Senior Vice President, Marketing Director;
  • Mark Belton ( Eng. Y. Marc Belton ) - Executive Vice President, Global Strategy, Development and Marketing Innovation;
  • Kofi Bruce ( Eng. Kofi Bruce ) - Vice President, Head of Treasury;
  • John Church - Senior Vice President, Supplier Relations
  • Peter C. Erickson ( eng. Peter C. Erickson ) - Senior Vice President of Innovation, Technology and Quality;
  • Ian R. Friendly ( Ian R. Friendly ) - Executive Vice President, COO, USA;
  • Kimberly A. Nelson - Senior Vice President, External Relations, President of the General Mills Foundation;
  • Shawn P. O'Grady - Senior Vice President, Sales and Distribution;
  • Christopher D. O'Leary - Executive Vice President, Chief Operating Officer, International Business;
  • Roderick A. Palmore ( Roderick A. Palmore ) - Executive Vice President, Head of Risk Control and Management [30] .

Corporate Brands

Breakfast cereal:

  • Basic 4
  • Different "Breakfast of monsters" from General Mills
  • Buc wheatats
  • Cheerios and their varieties
  • Chex and their varieties
  • Cocoa puffs
  • Cookie crisp
  • Crazy cow
  • Fiber on
  • French toast crunch
  • General mills kaboom
  • Gold flakes
  • Golden grahams
  • Hidden treasures
  • Honey Nut Clusters
  • Kix
  • Lucky charms
  • Oatmeal crisp
  • Raisin nut bran
  • Reese's puffs
  • Total
  • Trix
  • Wheaties

Some brands are sold outside the US and Canada under the Nestlé brand as part of the Cereal Partners breakfast cereal partnership .

Products for baking:

  • Betty crocker
  • Bisquick
  • Gold medal flour
  • Jus-roll
  • Knack & back
  • La salteña
  • Pillsbury
  • V. pearl
  • Wanchai ferry

The company also produces fruit snacks, including Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups and Fruit Shapes.

Cereal Snacks:

  • Bugles
  • Cascadian farms
  • Chex mix
  • Gardetto's
  • Nature valley
  • Fiber one bars

The company also produces Häagen-Dazs ice cream outside the United States.

Other brands General Mills Inc. include:

  • Betty crocker
  • Diablitos underwood
  • Green Giant
  • Hamburger helper
  • Old el paso
  • Wanchai ferry
  • Frescarini
  • Latina
  • Totinos
  • Progresso
  • Colombo yogurt
  • Yoplait

The company also produces products under the brands Cascadian Farms, Muir Glen and others, which are positioned as “ organic ”.

Russian market

Generall Mills brands on the Russian market include Green Giant (canned corn, peas, beans and tomatoes), Häagen-Daz premium ice cream and Nature Valley muesli bars [31]

Company Offices and Enterprises

As of mid-2008, the company has 79 production sites [32] . 49 of them are located in the USA, 12 in the Asia-Pacific region, 5 in Canada, 7 in Europe, 5 in Latin America, 1 in South Africa.

GMO Position

In 2012, General Mills spent 1.1 million US dollars to counter the adoption of the California Proposal 37 on the mandatory labeling of products containing genetically modified ingredients [33] .

Notes

  1. ↑ 1 2 3 4 5 General Mills Investor's Home (neopr.) . General Mills, Inc. Archived July 1, 2013.
  2. ↑ NYSE
  3. ↑ Clearwater, John . Canadian Nuclear Weapons: The Untold Story of Canada's Cold War Arsenal. (English) - Toronto and Oxford: Dundurn Press, 1998 .-- P.232 - 400 p. - ISBN 1-55002-299-7 .
  4. ↑ Clearwater, John . US Nuclear Weapons in Canada. (English) - Toronto and Oxford: Dundurn Press, 1999 .-- P. 47,210 - 280 p. - ISBN 1-55002-329-2 .
  5. ↑ Boyer, Paul S. By the Bomb's Early Light: American Thought and Culture At the Dawn of the Atomic Age. (English) - 2nd ed. - University of North Carolina Press, 1994. - P.11.88 - 464 p. - ISBN 0-8078-4480-2 .
  6. ↑ Nourishing Lives . General Mills.
  7. ↑ Forbes.com
  8. ↑ The Story of a Grain of Wheat . Angelfire
  9. ↑ Washburn 'A' Mill Explosion (Neopr.) . History Topics . Minnesota Historical Society . Date of treatment May 9, 2012. Archived July 3, 2013.
  10. ↑ About us - Nestle Cereals (unopened) (inaccessible link) . Cereal Partners UK. Archived February 26, 2012.
  11. ↑ Cereals go whole grain , USA Today (September 30, 2004). Date of treatment May 3, 2010.
  12. ↑ General Mills: Our History . General Mills.
  13. ↑ "General Mills to Cut Sugar in Kids' Cereals . " Alegent Health System .
  14. ↑ Ward, Arthur (2009), The Boys' Book of Airfix London: Ebury Press (Ebury Publishing).
  15. ↑ 1 2 3 4 5 6 Gray, James . Business Without Boundary: The Story of General Mills. (English) - Minneapolis, Minnesota: University of Minnesota Press, 1954. - P.230-233 - 343 p.
  16. ↑ Moore, James ; Nero, Paul . Pigeon-Guided Missiles: And 49 Other Ideas that Never Took Off. (English) - Stroud, Gloucestershire: The History Press, 2011 .-- P.12 - 256 p. - ISBN 978-0-7524-6676-7 .
  17. ↑ Technical Countdown: RUM Vehicle Worries. (Eng.) // Missiles and Rockets : Missile Market and Product Guide Edition. - Washington, DC: American Aviation Publications, Inc., May 30, 1960. - Vol.6 - No.22 - P.51.
  18. ↑ New Nuclear Depth Charges Deployed. (Eng.) // Missiles and Rockets : The Missile / Space Weekly. - Washington, DC: American Aviation Publications, Inc., August 29, 1960. - Vol. 7 - No.9 - P.14.
  19. ↑ Technical Countdown: Systems Push by General Mills // Missiles and Rockets : The Missile / Space Weekly. - Washington, DC: American Aviation Publications, Inc., August 8, 1960. - Vol.7 - No.6 - P.35.
  20. ↑ Technical Countdown: And More Telescopes Proposed (Eng.) // Missiles and Rockets : The Missile / Space Weekly. - Washington, DC: American Aviation Publications, Inc., September 26, 1960. - Vol. 7 - No.13 - P.19.
  21. ↑ Search Results
  22. ↑ Lakeland Ledger - Google News Archive Search
  23. ↑ Fortune 500 - Full List (Neopr.) . Fortune Date of treatment May 9, 2012. Archived July 3, 2013.
  24. ↑ Fortune 500 - Industries (Neopr.) . Fortune Date of treatment May 9, 2012. Archived July 3, 2013.
  25. ↑ Fortune 500
  26. ↑ 1 2 Fortune
  27. ↑ Staff (June 14, 2012). "General Mills against amendment banning gay marriage . " MSNBC Retrieved August 24, 2012.
  28. ↑ Brucato, Cyndy . Why General Mills didn't get hammered for speaking out on marriage amendment , MinnPost.com (June 18, 2012). Archived on May 31, 2013. Date of treatment August 24, 2012.
  29. ↑ Michael Burchell, Jennifer Robin, 2013 , p. 118.
  30. ↑ General Mills website
  31. ↑ General Mills in Russia
  32. ↑ General Mills SEC Form 10K, filed July 11, 2008 .
  33. ↑ Who's Funding Prop 37, Labeling for Genetically Engineered Foods? (unspecified) . KCET . Date of treatment November 25, 2012. Archived July 3, 2013.

Literature

  • Michael Burchell, Jennifer Robin. Great company. How to Become a Dream Employer = The Great Workplace. How to Build it, How to Keep it, and Why it Matters. - M .: Alpina Publisher , 2013 .-- 272 p. - (Series "ECOPSY Library"). - ISBN 978-5-9614-4417-9 .
Source - https://ru.wikipedia.org/w/index.php?title=General_Mills&oldid=100935547


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