Reser's Fine Foods
 | |
| Type | Private |
|---|---|
| Industry | Food processing |
| Founded | 1960 |
| Headquarters | Beaverton, Oregon |
| Key people | Al Reser, former president and CEO |
| Products | Prepared foods |
| Revenue | $700 million (2010) |
| Employees | 2,900 (2010) |
| Website | www.resers.com |
Reser's Fine Foods, Inc., a United States corporation based in Beaverton, Oregon, manufactures and distributes fresh and frozen prepared foods. Over 1,000 products are available in the 50 U.S. states, Canada, Guam, Mexico, and areas of the Far East. Its prepared foods are sold in national grocery chains, independent outlets, and convenience stores. Oregon State University's football stadium, Reser Stadium, is named after the company, which is one of its sponsors. As of 2010, the company had about 2,900 employees and approximately $700 million in annual revenue, ranking Reser's as the sixth largest private company in Oregon by revenue.[1]
History
Reser's grew from the potato salad business started by Mildred and Earl Reser in 1950, based in Cornelius, Oregon. Shortly after incorporating on May 14, 1959, Reser's moved from Cornelius to a 33,000 square foot (3,000 m²) facility in Beaverton, Oregon. Rapid growth over the next 30 years brought Reser's to its present-day operations at 12 plants with over 2800 employees. In 2011, the company purchased Oklahoma-based competitor Vaughan Foods for $18.3 million,[2] and the assets of Orval Kent for $69.2 million.[3]
Financials
Revenue in 2003 was approximately $375 million (USD).[citation needed]
References
- ↑ Stevens, Suzanne (July 29, 2011). "List: Oregon's top private companies". Portland Business Journal. Retrieved July 30, 2011.
- ↑ Young, Molly (September 16, 2011). "Reser's Fine Foods completes acquisition of competitor Vaughan Foods". The Oregonian. Retrieved 17 September 2011.
- ↑ Young, Molly (November 15, 2011). "Reser's Fine Foods buys rival Orval Kent in deal approved today". The Oregonian. Retrieved November 15, 2011.
External links
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