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G&B Specialties history
G&B Specialties company history timeline
In 1989 he hired David Wenner, an executive at Johnson & Johnson for 13 years, to serve as assistant to the president, responsible for the management of the Bloch & Guggenheimer subsidiary.
By June 1996 Specialty Foods hired Merrill Lynch & Co. to sell off noncore holdings, as the company opted to focus on its bread and cheese businesses.
Financial results for 1997 indicated that the company was already showing signs of success.
With $37 million in 1997 sales, Maple Grove Farms was another brand with a rich history.
Financial results for 1998 showed an 18.6 percent increase in sales, from $151.6 million the previous year to $179.8 million.
Underwood Company, and the two became part of the Heritage brands that B & G Foods acquired in 1999.
Entering 2001, B & G Food's long-term debt stood at $329.3 million compared with stockholder's equity of just $56.8 million, leaving the company somewhat vulnerable in the foreseeable future.
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G&B Specialties competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Advance Mfg. Co. | 1961 | $10.9M | 20 | - |
| Electro-Methods, Inc. | - | $40.6M | 350 | 10 |
| Antron Engineering & Machine | 1985 | $20.4M | 50 | 9 |
| Midstate Machine | - | $28.7M | 27 | 34 |
| RotoMetrics | 1957 | $55.7M | 3,500 | - |
| Cleveland Gear | 1912 | $24.1M | 41 | - |
| Pharmaworks | 2001 | $5.0M | 57 | - |
| Precision Close Tolerance CNC Machining & Tooling | - | $600,000 | 6 | 2 |
| CJT Koolcarb Inc | 2005 | $34.3M | 200 | - |
| Perfection Hydraulics | 1978 | $14.0M | 100 | - |
G&B Specialties history FAQs
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G&B Specialties may also be known as or be related to G & B Specialties Inc, G&B Specialties and G&B Specialties, Inc.