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Website. snackworks.com [a] Nabisco ( / nəˈbɪskoʊ /, abbreviated from the earlier name National Biscuit Company) is an American manufacturer of cookies and snacks headquartered in East Hanover, New Jersey. The company is a subsidiary of Illinois -based Mondelēz International.
American snack company Nabisco was founded in 1898 and expanded rapidly during its early years. It built a new production facility in Houston, designed by in-house architect Albert G. Zimmerman. Nabisco operated within the facility until 1949, at which point it moved out and Purse & Co., a wholesale furniture distributor, took over the building.
Formation. R. J. Reynolds Tobacco Company was founded in Winston-Salem, North Carolina, in 1875 and changed its name to R. J. Reynolds Industries, Inc. in 1970. It became RJR Nabisco on April 25, 1986, after the company's $4.9 billion purchase, and earlier 1.9 billion stock swap, of Nabisco Brands Inc. in 1985. [5] [6]
Nabisco, for example, was capitalized at $55,000,000, but its estimated value in real assets was less than $25,000,000. Writing in Moody's Magazine, John Moody referred to the $30,000,000 discrepancy as "water." The Pacific Coast Biscuit Company was formed to compete against Nabisco. It was incorporated in New Jersey in May 1899, and included ...
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Mondelez International, Inc. ( / ˌmɒndəˈliːz / MON-də-LEEZ ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
Newtons are a Nabisco -trademarked version of a cookie filled with sweet fruit paste. "Fig Newtons" are the most popular variety ( fig rolls filled with fig paste). They are produced by an extrusion process. [1] Their distinctive shape is a characteristic that has been adopted by competitors, including generic fig bars sold in many markets.
Adolphus Williamson Green (January 14, 1843 – March 8, 1917) was an American attorney and businessman. He was the co-founder of the National Biscuit Company (now known as Nabisco, owned by Mondelēz International) in 1898. A year later, in 1899, he was the first person to sell packaged biscuits. He served as the President of the National ...