Profile: J M Smucker Co (SJM.N)
12 Mar 2014
The J. M. Smucker Company incorporated on September 26, 1921, operates principally in the manufacturing and marketing of branded food products. Majority of the Company’s sales are in the United States. The Company's operations outside the United States are principally in Canada, although products are exported to other countries as well. The Company operates in three segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, and International, Foodservice and Natural Foods. In August 2013, the Company completed an acquisition of Enray Inc.
The principal products of the Company, which are sold across the Company's U.S. retail market segments and International, Foodservice, and Natural Foods segment are coffee, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, canned milk, flour and baking ingredients, juices and beverages, frozen sandwiches, toppings, syrups, and pickles and condiments.
In both of the U.S. retail market segments, the Company's products are primarily sold through a combination of direct sales and brokers to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, and military commissaries. In the International, Foodservice, and Natural Foods segment, the Company's products are distributed domestically and in foreign countries through retail channels, foodservice distributors and operators (such as restaurants, lodging, schools and universities, health care operators), and health and natural foods stores and distributors.
The Company's products are produced under certain patents and marketed under numerous trademarks owned or licensed by the Company or one of its subsidiaries. Its brands primarily in the U.S. retail market segments, include Folgers, Dunkin' Donuts, Millstone, Cafe Bustelo, and Cafe Pilon in the U.S. Retail Coffee segment, and Smucker's, Jif, Hungry Jack, Uncrustables, Dickinson's, Adams, Laura Scudder's, Goober, Magic Shell, Crisco, Pillsbury, Eagle Brand, Borden and Elsie design, Martha White, White Lily, and Funfetti in the U.S. Retail Consumer Foods segment. Its brands in the International, Foodservice, and Natural Foods segment include Folgers, Smucker's, Jif, Crisco, Plate Scapers, Bick's, Five Roses, Robin Hood, Carnation, R. W. Knudsen Family, Santa Cruz Organic, Double Fruit, Recharge, Red River, Crosse & Blackwell, Golden Temple, Cafe Bustelo, and Cafe Pilon. Dunkin' Donuts is a registered trademark of DD IP Holder LLC used by the Company under license (the Dunkin' License) for packaged coffee products sold in retail channels, such as grocery stores, mass merchandisers, club stores, and drug stores.
The Company competes with Maxwell House, Yuban, Nescafe, Starbucks, Gevalia, Eight O’Clock, Seattle’s Best, Peet’s Coffee & Tea, Folgers Gourmet Selections and Millstone, Skippy, Peter Pan, Welch’s, Betty Crocker and Duncan Hines.
J M Smucker Co
One Strawberry Lane
ORRVILLE OH 44667-0280