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Seven years after its incorporation, Interstate merged with another, much better established Kansas City baker, the Schulze Baking Company, Inc., which had been founded in 1893.
A Strong Start in 1914
By April 1915, Tasty Baking was serving stores as far away as Mt.
By 1918, sales had reached $1 million.
In 1922, Tasty Baking constructed a new, five-story plant on Hunting Park Avenue in North Philadelphia.
Interstate, a company based in Kansas City, Missouri, was founded in 1930 by baker Ralph Leroy Nafziger.
1930: Interstate Baking Company is formed in Kansas City, Missouri.
In 1941 a man with a vision set out to build a business by helping busy corner bakeries.
1941 Abraham Ogan buys a mixer and begins producing bread and donut mixes as the A.E. Ogan Company, Inc.
Gasoline-fueled trucks and electric cars and trucks were also used, and Tasty products moved by rail and ship to more distant areas, but the last horse was not retired until 1941.
Interstate's next acquisition came at the end of 1943, when the company bought the Supreme Baking Company of Los Angeles, whose plant it had previously rented.
1946 Gerald S. Ogan joins his father in business
In 1951, the company bought Mrs.
1951: Baur family gains majority control of company, and Paul R. Kaiser becomes CEO.
In April 1954, Kaiser was able to report that the Tastykake territory had grown to cover parts of nine states and the District of Columbia.
1955 Bake’n Joy Foods, Inc. becomes a nationally registered trademark
Net income first passed the $1 million mark in 1955.
At the end of that year, the company's net sales reached $191 million, up from $124 million in 1959, through a period of steady growth.
In 1960, the company strengthened its standing in the Midwest when it acquired Cobb's Sunlit Bakery, of Green Bay, Wisconsin.
In 1960, a two-month boycott of Tastykake products, organized by 400 black ministers, ended after Tasty Baking agreed to add African Americans to its sales, clerical, and other positions.
The company's unwanted suitor was founded in 1961 as the Data Processing Financial and General Corporation, based in Hartsdale, New York, a suburb of White Plains, where the International Business Machines Corporation (IBM) was located.
When Tasty Baking went public in 1961, its offered stock sold out the first day, the price rising immediately from $20 a share to over $27 per share.
In 1965, the company diversified for the first time by acquiring Phillips & Jacobs, Inc., a producer of industrial chemicals and wholesale printing supplies, for about $2.5 million in stock.
1966 A.E. Ogan Co., Inc. becomes The Ogan Company and moves to Revere, MA
Sales in 1967, when net income was $2.8 million, reached $67.4 million, of which the baking operations accounted for 57 percent.
In March 1968, the company bought the Millbrook bread division of the National Biscuit Company.
In August 1968, Interstate moved outside the baking industry for the first time, acquiring a food processor, the Baker Canning Company, and its subsidiaries, Shawano Farms, Inc. and the Shawano Canning Company, companies that canned peas, beans, and corn at three canneries in Wisconsin.
1968 Gerald S. Ogan becomes company’s second president
The Baur family held 58 percent of the company's voting stock by 1968, management held 12 percent, and the public held 30 percent.
On July 25, 1969, Interstate changed its name to the Interstate Brands Corporation, to reflect the broader scope of its activities, which now included canning as well as baking.
In 1970, IBM introduced a new computer model, and DPF's equipment instantly became obsolete.
Concluding that the potato chip and pretzel businesses were a drain on earnings, Tasty Baking sold them in 1970.
1970: Company acquires Larami Corp., a Philadelphia toy manufacturer, importer, and distributor.
Interstate sold its canning operation in 1974 and resumed acquisition of properties that fit in with its core line of business, baking.
Then, in 1975, Interstate became the object of an acquisition itself.
As part of this program, Interstate announced in 1976 that it would undertake the construction of a new $5 million bakery in Montana.
1976 The Ogan Company opens a second facility in Salem, MA
On February 27, 1979, DPF fully completed its merger with Interstate.
Tasty eventually dissolved Ole South Foods in 1979; that year Tasty lost $2.2 million on net sales of $169.5 million--its first annual loss.
Nelson G. Harris, the company president since 1979, succeeded Kaiser as chief executive officer.
1980 Bake’n Joy introduces the first thaw-scoop-and-bake frozen batters to the industry
In 1981, Kaiser's last year as chief executive officer, Tasty Baking charted a new direction.
1981: Nelson G. Harris succeeds Kaiser, and expansion plans are curtailed.
With the separation of Interstate's computer business from the core baking operations, Dale Putnam, head of Interstate's bakery division, was named chief executive officer of Interstate in January 1982.
The bad news continued in 1984, as Interstate racked up $4.2 million in red ink.
1985: Sales force is reorganized.
In addition, in 1986, the company also made a series of acquisitions, in the hope of filling in marketing gaps.
Interstate reported $13.4 million in earnings for the year ended May 1987.
IBC Holdings Corporation (IBC) was formed to buy up all of Interstate's outstanding stock, and Interstate was taken private by its management, with the help of a group of investment banking houses, in September 1987.
1987 New facility is built in North Andover, company renamed Bake’n Joy Foods, Inc.
Tastykake distribution stabilized at 21 states, including California, where the company was sponsoring baseball's San Diego Padres. (California was dropped in 1988, however.) Also during this time, subsidiary Phillips & Jacobs began serving the New York City market.
1989: Tastykake repackages products and introduces new line of cakes, cookies, and pies.
1990 Bake’n Joy develops innovative Fat Free frozen batters and mixes
In May 1991, IBC Holdings Corporation changed its name back to Interstate Bakeries Corporation, before the company once again went public, selling stock on the market in July 1991.
Growth Through New Products: 1991-95
In 1991 Tasty Baking introduced its premium Gold Collection line.
Watts succeeded Harris as chairman and chief executive officer of the company in 1992.
Several new products were introduced in 1992, including Tasty Mini Cupcakes, and lemon and jelly filled reduced-fat Krimpets cupcakes.
Also in 1993, the company spun off its printing supplies subsidiary, Phillips & Jacobs, to its shareholders, who received two shares of its common stock for every three shares of Tasty Baking common stock.
During 1993, new products included Dunkin' Stix, Pound Kake, and Blueberry Mini Muffins.
Officers and directors controlled about nine percent of the common stock, whereas institutions held 44 percent. Its long-term debt was $10.3 million in July 1994.
In early January 1995, the company announced an agreement to buy one of its primary competitors, the Continental Baking Company, for $330 million and 16.9 million shares of Interstate stock.
St Patty's Treats were introduced in 1995 to complete the company's holiday coverage.
The company wasted no time taking advantage of the name value of its recently acquired brands, launching an aggressive marketing campaign in January 1996.
Improving and Expanding Operations: 1996-99
In 1996 Tasty Baking stepped up efforts to improve its packaging facilities, seeking to ensure product freshness while increasing the speed at which its products could be boxed or packaged.
The company quickly complied, agreeing to sell the Butternut Bakery in Chicago in January 1997.
Seeking to attract new customers and bolster sales, the company entered the lucrative dessert cookie market in 1997 by launching a premium line of chocolate chip and oatmeal raisin cookies.
In August 1998, it began selling Tastykake products in the Chicago area.
Interstate's fortunes took a sharp nose-dive in October 1998, however, when the company announced that its second quarter earnings would fall below expectations.
With sales in 1998 once again surpassing the $3 billion mark, Interstate spent almost $100 million on new operations, including a 280,000-square-foot facility in Biddeford, Maine, one of the largest showcase bakeries in the world, and a Toledo bakery with a capacity of 250,000 loaves of bread a day.
In April 1999, Tasty Baking announced that it would begin offering family-sized packages of sweet baked goods, starting with eight varieties in its core marketing area.
Sales, however, continued to be slow through midyear 1999.
Interstate announced another dramatic financial drop in 2000, with net earnings of $89 million, down from $126 million the year before.
2003 Bake’n Joy introduces FreshBakes®, a complete line of predeposited frozen batters for loaves and muffins
2004 Bake’n Joy introduces PanFree®, a line of muffin, loaf and cake batters in bakeable, paper liners – No pans needed!
2005 100% Whole Wheat frozen batters for muffins and cookies is introduced
2008 Bake’n Joy purchases a new warehouse and office facility in Georgetown, MA
In 2009, a state-of-the-art bakery was built at our North Andover headquarters to produce the high-quality coffee cakes, loaf cakes and dessert cakes under the Boston Coffee Cake brand.
2010 A new state-of-the-art bakery was completed at the North Andover headquarters to produce the Boston Coffee Cake line
2012 Major office renovation takes place, with a second story added above existing office and lab areas at the North Andover headquarters
2013 One big happy family again! Boston Coffee Cake, customer service and marketing teams are brought back to our new offices
2014 Bake’n Joy purchases a 92,000 sq. ft. distribution center in Ayer, MA
2016 Bake’n Joy celebrates 75 years of providing caring, quality, dependable solutions to the baking industry!
2017 Kitchen Cupboard brand of Clean Label bakery products is launched.
2018 Double Chocolate Gourmet Brownie Batter and 3 muffin flavors are added to Kitchen Cupboard clean label line.
2019 Bake’n Joy launches Filled Muffins in 3 everyday flavors.
2020 Each Bake’n Joy associate is named the recipient of the Gary M. Ogan Memorial Award.
2021 In August 2021, Bake’n Joy announced the acquisition of L&M Baking, expanding industry reach in terms of product category and distribution.
©2022 Bake’n Joy Foods, Inc.
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