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Northland Investment Corporation company history timeline

1987

By 1987, Swendrowski had formed five limited partnerships.

1991

In 1991 it ventured out of Wisconsin for the first time, leasing cranberry bogs on Nantucket Island, Massachusetts.

1992

In mid-1992, Northland Cranberries announced that it was ending its exclusive relationship with Ocean Spray.

1994

In 1994, Northland invested $5 million into the construction of a new facility for receiving, processing, storing, and packaging its berries.

In 1994, Northland acquired another 286 acres of marshland in Wisconsin, and after several more acquisitions in Wisconsin and Massachusetts, the company ranked as the largest cranberry grower in the world.

1995

1995: Northland introduces its own branded juice line.

1997

By 1997, Northland had 2,548 acres planted with cranberries, and it owned over 24,000 other acres of support land.

1998

Northland also acquired Minot Food Packers, Inc., in 1998.

1999

Ocean Spray, already cutting employees to hold down costs, hired a consultant in 1999 to scope out possibilities of a merger.

2000

By the fourth quarter of 2000, the company's board of directors had come up with some restructuring moves.

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Founded
1970
Company founded
Headquarters
Newton, MA
Company headquarter
Founders
Lawrence R. Gottesdiener
Company founders
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Northland Investment Corporation may also be known as or be related to NORTHLAND CRANBERRIES INC, Northland Cranberries, Northland Investment Corp. and Northland Investment Corporation.