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BakeOne company history timeline

1893

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.

1914

A Strong Start in 1914

1915

By April 1915, Tasty Baking was serving stores as far away as Mt.

1918

By 1918, sales had reached $1 million.

1922

In 1922, Tasty Baking constructed a new, five-story plant on Hunting Park Avenue in North Philadelphia.

1930

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.

1941

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.

1943

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

1946 Gerald S. Ogan joins his father in business

1951

In 1951, the company bought Mrs.

1951: Baur family gains majority control of company, and Paul R. Kaiser becomes CEO.

1954

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

1955 Bake’n Joy Foods, Inc. becomes a nationally registered trademark

Net income first passed the $1 million mark in 1955.

1959

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.

1960

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.

1961

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.

1965

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

1966 A.E. Ogan Co., Inc. becomes The Ogan Company and moves to Revere, MA

1967

Sales in 1967, when net income was $2.8 million, reached $67.4 million, of which the baking operations accounted for 57 percent.

1968

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.

1969

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.

1970

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.

1974

Interstate sold its canning operation in 1974 and resumed acquisition of properties that fit in with its core line of business, baking.

1975

Then, in 1975, Interstate became the object of an acquisition itself.

1976

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

1979

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

1980 Bake’n Joy introduces the first thaw-scoop-and-bake frozen batters to the industry

1981

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.

1982

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.

1984

The bad news continued in 1984, as Interstate racked up $4.2 million in red ink.

1985

1985: Sales force is reorganized.

1986

In addition, in 1986, the company also made a series of acquisitions, in the hope of filling in marketing gaps.

1987

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.

1988

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

1989: Tastykake repackages products and introduces new line of cakes, cookies, and pies.

1990

1990 Bake’n Joy develops innovative Fat Free frozen batters and mixes

1991

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.

1992

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.

1993

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.

1994

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.

1995

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.

1996

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.

1997

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.

1998

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.

1999

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.

2000

Interstate announced another dramatic financial drop in 2000, with net earnings of $89 million, down from $126 million the year before.

2003

2003 Bake’n Joy introduces FreshBakes®, a complete line of predeposited frozen batters for loaves and muffins

2004

2004 Bake’n Joy introduces PanFree®, a line of muffin, loaf and cake batters in bakeable, paper liners – No pans needed!

2005

2005 100% Whole Wheat frozen batters for muffins and cookies is introduced

2008

2008 Bake’n Joy purchases a new warehouse and office facility in Georgetown, MA

2009

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

2010 A new state-of-the-art bakery was completed at the North Andover headquarters to produce the Boston Coffee Cake line

2012

2012 Major office renovation takes place, with a second story added above existing office and lab areas at the North Andover headquarters

2013

2013 One big happy family again! Boston Coffee Cake, customer service and marketing teams are brought back to our new offices

2014

2014 Bake’n Joy purchases a 92,000 sq. ft. distribution center in Ayer, MA

2016

2016 Bake’n Joy celebrates 75 years of providing caring, quality, dependable solutions to the baking industry!

2017

2017 Kitchen Cupboard brand of Clean Label bakery products is launched.

2018

2018 Double Chocolate Gourmet Brownie Batter and 3 muffin flavors are added to Kitchen Cupboard clean label line.

2019

2019 Bake’n Joy launches Filled Muffins in 3 everyday flavors.

2020

2020 Each Bake’n Joy associate is named the recipient of the Gary M. Ogan Memorial Award.

2021

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

©2022 Bake’n Joy Foods, Inc.

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