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Encyclopedia > Del Monte

Del Monte Foods (NYSE: DLM) is an American food production and distribution company based in San Francisco, California. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ... Flag Seal Nickname: The City by the Bay; The City That Knows How; Golden Mountain (historic Chinese name) Location Location of the City and County of San Francisco, California Coordinates , Government City-County San Francisco Mayor Gavin Newsom Geographical characteristics Area     City 600. ...


It offers canned goods in Del Monte, S&W and Contadina brands, soups and stocks under College Inn, pet foods under Bits n' Kibbles, 9Lives, Pounce, and several premium brands, canned tuna under StarKist, baby food under the Del Monte brand and other foodstuffs. Pounce cat treats are cat food snacks manufactured by Del Monte Foods. ...


HISTORY


In the 1870s and '80s California became a major producer of fruits and vegetables; and, in 1899, 11 of the state's biggest canners merged under the name California Fruit Canners Association. In 1916 CFCA drew in two more canners and a food brokerage house, incorporated itself as California Packing Corporation, or Calpak, and began marketing its products under the Del Monte brand. The new company then operated more than 60 canneries, some in Washington, Oregon, Idaho, Utah and Alaska. In 1917 it acquired pineapple lands and a cannery in Hawaii and, in the 1920s, added canneries in Florida and the Midwest, as well as in the Philippines. After World War II more facilities were constructed or purchased overseas. These multinational operations made the name California Packing Corporation obsolete, and in 1967 the name Del Monte Corporation was adopted.


In 1979 Del Monte (headquartered in San Francisco) was merged into R.J. Reynolds Industries, Inc. (later RJR Nabisco, Inc.). Ten years later the fresh fruit business was sold and renamed Fresh Del Monte Produce; although no longer affiliated with Del Monte Foods, it continued to market pineapples, bananas, and other produce under the Del Monte label. It should be noted that Del Monte Foods does, however, license the Del Monte brand to Fresh Del Monte Produce. RJR Nabisco sold the remaining food processing divisions, known as Del Monte Foods, to private investors in 1989. Del Monte Foods again became a publicly traded company in 1999 and in 2002 Del Monte purchased several brands from US food giant Heinz in an all stock transaction that left Heinz shareholders with 74.5% of Del Monte and original Del Monte shareholders with 25.5% of the company and nearly tripled Del Monte Foods size; Today Del Monte Foods products include canned fruits and vegetables, baby foods, tuna, and pet foods under labels such as Del Monte, Contadina, and StarKist. Fresh Del Monte Produce (NYSE: FDP) is a major producer and distributor of fruit and other agricultural products. ... Fresh Del Monte Produce (NYSE: FDP) is a major producer and distributor of fruit and other agricultural products. ... RJR Nabisco, Inc. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... Heinz has several meanings: Heinz is the common trading name for the H. J. Heinz Company, known for their pickles, ketchup, baked beans and soups. ...


There are several Del Monte brand licensees throughout the world. Kraft Foods holds the brand's juice drinks in Canada, while CanGro holds the canned goods section in that country. Del Monte Foods holds the brand in North America (except Canada) and Central & South America. Fresh Del Monte Produce holds the Del Monte brand license in Europe, Africa, and the Middle East. Del Monte Asia holds the brand in Asia except the Philippines and the Indian subcontinent and Oceania. Del Monte Asia is owned by Kikkoman Corporation. Del Monte Pacific holds the brand in the Philippines and the Indian subcontinent. These companies supply each other stocks of fruit. All of these companies license the Del Monte name from Del Monte Foods. Del Monte Asia has a plantation in Thailand, now the world's biggest pineapple grower. Del Monte Pacific has a plantation in the Philippines, the second-biggest pineapple grower in the world. Del Monte Foods has a plantation in Hawaii but they will close the plantation in two years time. Cirio/Del Monte, CanGro and Kraft imports fruit from DM Asia and DM Pacific. Fresh Del Monte Produce (NYSE: FDP) is a major producer and distributor of fruit and other agricultural products. ...


Del Monte Foods bought Meow Mix in May, 2006, and has also announced the acquisition of Milk-Bone. Meow Mix is a popular variety of cat food, the classic TV commercial jingle of which is well known as part of American popular culture, notably referenced in the original Austin Powers film. ...


External links

  • Del Monte Corporation
  • Del Monte Foods Company Reiterates That It Has No Affiliation with Fresh Del Monte Produce.

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