Then, in 1975, Interstate became the object of an acquisition itself. Nafziger was born into a of on 17, 1887, in City, Missouri. The company's regional strengths were in the Midwest, the West, and upstate New York. Archived from on November 29, 2012. The most important thing to for me to remember is that what I want is not necessarily what other people want. Its best known products were the Butternut and Blue Seal bread brands, and Dolly Madison cakes, which were distributed across the country. By the mid-1990s, this strategy had succeeded so well that Interstate was in a position to make a major acquisition.
Seven years after its incorporation, Interstate merged with another, much better established Kansas City baker, the Schulze Baking Company, Inc. As business owners, we marvel at how companies have impacted our lives like , , and even. In addition, Interstate bought the Langedorf cake and cookie operations of the Good Stuff Food Company. They continued to build a prosperous business and a new building was built in 1916 at the corner of Race and Fourth Street. Origins and Expansion: 1930s-40s Interstate, a company based in , Missouri, was founded in 1930 by baker Ralph Leroy Nafziger.
This article has not yet received a rating on the project's. By the mid-1990s, this strategy had succeeded so well that Interstate was in a position to make a major acquisition. The manufacturer who knows and makes what people want leads his industry. Thinking of what people want does not start with self; it starts with the Golden Rule. No, gentle reader, this is not a joke.
Interstate began to expand again in the late 1960s. Student at Rensselear Polytechnic Institute, Troy, New York, 1903-06. In addition, Interstate looked to benefit from the general recession gripping the economy, since a poor economy, paradoxically, meant good news for bakers. Before its 2012 closure and liquidation, it owned the Hostess, , , , Butternut Breads, and brands. By the start of the 1980s, Interstate was operating 36 different plants, selling bread and cakes in 30 different markets.
Despite these efforts, Interstate struggled in the early 1980s. All interested editors are invited to and. Despite these efforts, Interstate struggled in the early 1980s. In this same year, Hostess Brands was established by Interstate Bakeries. Box 419627 , 64141-6627 U. He has invited the members of the One O'Clock Club, an organization whose purpose is to salute by lifting the hat to every pie wagon that passes, to luncheon on that day at the Business Men's Club.
As Interstate moved into the late 1980s, its efforts to recover appeared to be bearing fruit. On January 8, 2013, Hostess Brands hired Hilco to sell its equipment, machinery and real estate. He was the youngest of four children, Edgar Nafziger, Evaline LeCompte and is survived by his older sister, Emmaline Allason. Ralph enjoyed playing golf and tennis, dancing, traveling, music and gadgets of all kinds. N is for nifty, how neat! At the end of the decade, Interstate added to its cake franchise when it purchased the Kingston Cake Bakery, in Kingston,.
The Interstate Bakeries Corporation continued growing; in 1995, it acquired owners of the and Hostess product lines and in 2009 became. It is possible the name you are searching has less than five occurrences per year. Archived from on April 11, 2013. In 1943 Interstate acquired the Supreme Baking Company of , and in 1950 it bought the O'Rourke Baking Company of. The home remained in the Gates family until John's death in 1973.
This brought Interstate's overall total of motor delivery trucks to about 4,000. Interstate Brands then, in turn, announced that it would purchase Farmbest Foods, a dairy products processor, from Philadelphia-based I. In 1925 he sold Nafziger to Purity Bakeries which became American Bakeries and acquired a controlling interest in and its Butternut Bread brand. The company had become the third largest wholesale baker in America. Social Security Administration public data, the first name Nafziger was not present. On November 16, Hostess announced that it was ceasing its plant operations and laying off most of its 18,500 employees. Key Dates: 1930: Interstate Baking Company is formed in Kansas City, Missouri.
Hard Times in the 1970s Then, in 1975, Interstate became the object of an acquisition itself. Nafziger founded the Nafziger Baking Company in Kansas City, Missouri, in 1910, in St. Premium bread, cake and baked snack treats fill important roles in today's lifestyle. After initial success, Nafziger's Baking expanded and, in 1925, he merged his 10 baking plants with Purity Bakers. However, there is no sign of a bakery!.
Silver Point Capital, Grupo Bimbo and Hurst Capital also placed bids for both brands. The goal is to restructure Hostess and come out of Chapter 11 as a stronger company. The retailer who unlocks this secret, will find the people flocking into his store. Dean Metropoulos and Company as lead bidder for its snack cakes, with the bid deadlines for all Hostess brands March 11 and 12. Putnam moved Interstate headquarters back to Kansas City, its historical base of operations. Interstate Brands then, in turn, announced that it would purchase Farmbest Foods, a dairy products processor, from Philadelphia-based I.