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Robert Kenneth Kraft [1] (born June 5, 1941) is an American sports executive and businessman. He is the chairman and chief executive officer (CEO) of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang.
The Kraft Group, LLC, is a group of privately held companies in the professional sports, manufacturing, and real estate development industries doing business in 90 countries. [3] Founded in 1998 by American businessman Robert Kraft as a holding company for various interests he had acquired since 1968, [2] it is based in Foxborough, Massachusetts.
Kraft Foods is now a greatly diminished part of its former self, holding the slower-growing North American grocery business after Mondelez took the global snack-food segment in its spinoff. For ...
One of the final black eyes came in February 2019, when Kraft Heinz took a $15.4 billion write-down on its Oscar Mayer cold cuts, natural cheese, and Canadian retail businesses. Shares crashed ...
Prior to 1996, Louis Rich, the brand name for Oscar Mayer's turkey division, owned the processing plant in West Liberty. In early 1996, Oscar Mayer's parent company, Kraft Foods, announced that they would close the plant that December if no buyer purchased it.
Anyone who wants to know which industry brings home the most bacon needs only to look at the ranking of the world's richest billionaires -- Musk, Bezos, Gates, Zuckerberg, Page and Brin. $2,000...
James Lewis Kraft (December 11, 1874 – February 16, 1953) was a Canadian-American entrepreneur and inventor and the founder of Kraft Foods Inc. Kraft immigrated to the United States from Canada in 1902. He developed a patented pasteurization process for cheese, allowing it to be shipped long distances, making him the first to patent processed ...
Kraft Foods Group, Inc. Logo used since 2012. Kraft Foods Group, Inc. ( doing business as Kraft Foods Group) is an American food manufacturing and processing conglomerate, [2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
The Oscar Mayer Company is an American meat and cold cut production company, owned by Kraft Foods. They entered the turkey business by purchasing Louis Rich and Co. in the early 1980s. Norbest, Inc. (Moroni Feed Company)