It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. At that time, both the USDA and Conagra decided in favor of a consumer advisory and against a recall. "The union of TreeHouse and ConAgra's private brands business establishes an industry leader in customer brands and custom products with significant scale, scope and skill and enables us to extend our reach in the grocery store by over 10 shelf stable and refrigerated food categories. Strategy. Conagra Brands, Inc. is an American packaged foods company headquartered in Chicago, Illinois. [30], In 1988, Conagra threatened to relocate from Omaha to Denver, Chicago or Minneapolis if the city didn't help find a new location for its headquarters. [44], On October 17, the Colorado Department of Public Health reported that "An investigation by the Centers for Disease Control and Prevention and state public health departments involved a large cluster of illnesses caused by Salmonella that identified these products" and stated that, "Nationally, at least 211 individuals from 35 states have become ill." From January 1 through December 31, 2007, the CDC identified a total of 401 cases in 41 states. Facebook. According to the EEOC, most of the 39 workers who were excluded from the recall process had been working at the plant for 10 to 30 years and were primarily Hispanic and female. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Pinnacle Foods segments. The charges involved a July 1999 Teamsters strike at a plant in King City, California, then owned by Basic Vegetable Products LP but later purchased by ConAgra. PLC News; FTSE 100; FTSE 250; Funds; Sustainable PLCs CONAGRA BRANDS DIVESTS LENDER'S BAGEL BUSINESS. Search. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. Some of ConAgra's major brands include Act II, Hunt's, Healthy Choice, Marie Callender's, Orville Redenbacher's, Slim Jim (snack food), Reddi-wip, Egg Beaters, Hebrew National, P.F. The company's operations generated $1.8 billion. [8], On November 27, 2012, Conagra officials announced the company was purchasing Ralcorp, pending Ralcorp shareholder approval, for approximately $4.95 billion. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Risk Analysis. In 2002, Conagra and other major food and beverage companies including PepsiCo, General Mills, Kelloggs, Sara Lee, and H. J. Heinz Co. spent millions to defeat Oregon Ballot Measure 27, which would have required food companies to label products that contain genetically modified ingredients. CONAGRA, INC. AND SUBSIDIARIES PART II - OTHER INFORMATION ITEM 4. Subsidiaries to Conagra Brands include California Pretzel Co., Odom's Tennessee Pride Sausage, and Elan Nutrition. Earnings grew by 45.5% over the past year. Engineers Gate Manager LP’s […] The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. Although the proposition was defeated, there was strong consumer backlash against the coalition's opposition. In May 2015, the company agreed to plead guilty releasing products tainted with Salmonella into interstate commerce. The 1970s brought the company to the brink of ruin as it lost money expanding into the fertilizer, catfish, and pet product industries and as commodity speculation wiped out ConAgra's margins on raw foods. Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company in North America. [19] In a 2009 ranking by Newsweek, ConAgra ranked 342nd out of U.S. 500 largest corporations in terms of overall environmental score. [38][39], On September 4, 2007, the Flavor and Extract Manufacturers Association recommended reduction of diacetyl in butter-like flavorings, such as those used in popcorn, due to cases of the potentially fatal disease bronchiolitis obliterans or "Popcorn Workers's Lung" appearing among plant workers exposed to diacetyl fumes, as well as in one case that involved a popcorn consumer. In fiscal 2019, Conagra received about $280 million net proceeds from the sale of Del Monte's business in Canada, Wesson Oil Brands, and the Italian-based frozen pasta business Gelit. Rewards. At the same time, ConAgra Foods changed their name to ConAgra Brands, complete with a brand new logo. Conagra Brands is an Affirmative Action and Equal Opportunity Employer. Get the full list », You’re viewing 5 of 10 exits. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. Conagra has been criticized for its lack of response to global climate change. [12], The Lamb Weston (NYSE: LW) spinoff was completed on November 9, 2016, with the new company headquartered in the suburbs of Boise, Idaho, with major manufacturing facilities in Oregon and Washington. Companies in the report were evaluated on a 0 to 100 scale. A 2006 report by Ceres, a non-profit organization that works to address global climate change and other sustainability issues, entitled "Corporate Governance and Climate Change: Making the Connection", measures how 100 leading global companies are responding to global warming. Public Fundamental Data provided by Morningstar, Inc. Conagra Brands is a packaged food company that operates predominantly in the United States (92% of revenue and 94% of pr, t aliquip ex ea commodo consequat. On May 23, 2001, ConAgra Foods, Inc., (the predecessor to Conagra Brands) said it would restate its earnings for 1998, 1999 and 2000, due to accounting and conduct matters at its United Agri Products Cos. unit. Home; News. Home; News. Conagra Brands. Executives: Chrmn: Steven Goldstone; Pres/CEO: Sean M. Connolly; EVP & CFO: David Marberger; EVP, General Counsel and Corporate Secretary: Colleen R. Batcheler; EVP & Chief Supply Chain Officer: David Biegger; EVP & Co-Chief Operating Officer: Thomas M. McGough; EVP & Co-Chief … All rights reserved. Conversely, Conagra has also divested non-core brands and used transaction proceeds to pay down debt. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Plaintiff shall recover its costs on appeal. in the California 6th Appellate District Court on November 14, 2017 is that .mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 40px}.mw-parser-output .templatequote .templatequotecite{line-height:1.5em;text-align:left;padding-left:1.6em;margin-top:0}, ... the judgment is reversed, and the matter is remanded to the trial court with directions to (1) recalculate the amount of the abatement fund to limit it to the amount necessary to cover the cost of remediating pre-1951 homes, and (2) hold an evidentiary hearing regarding the appointment of a suitable receiver. [3] Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. [16] The acquisition closed on October 26, 2018. Engineers Gate Manager LP raised its stake in Conagra Brands, Inc. (NYSE:CAG) by 274.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Conagra Brands does not warrant and specifically disclaims any and all responsibility or liability for your use of such sites and you hereby release Conagra Brands and its subsidiaries, affiliates, officers, directors and agents from any and all such responsibility or liability for the same. In a 2009 … As a result, ConAgra and others in the Coalition met with Walmart (the largest food retailer in the U.S.) to seek a nationwide labeling system for genetically modified foods, instead of trying to defeat the measures in every state. Conagra Brands is a packaged food company that operates predominantly in the United States (92% of revenue and 94% of profits). It moved heavily into the frozen food business and the packaged meat industry, and then picked up a selection of other brands from firms like RJR Nabisco and Beatrice Foods (including Hunt-Wesson and Swift-Eckrich) among others, as the leveraged buyouts of the 1980s resulted in the divestiture or breakup of many major American consumer product firms. Thomas Werner (unrelated to the television producer and Boston Red Sox owner) and Timothy McLevish were named executive and executive chairman. [13], On September 22, 2017, Conagra announced that it was acquiring Angie's Artisan Treats, maker of Angie's Boomchickapop popcorn. It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The company agreed to pay $8.3 million to resolve the charges, which included a $4.4 million criminal fine, $3.45 million as compensation for illegal profits and $450,000 to reimburse the U.S. Department of Agriculture for storage and investigation expenses. The recalled pot pies included all varieties in 7-oz. [29], Multinational Monitor, a corporate watchdog organization, named Conagra one of the 'Top 100 Corporate Criminals of the 1990s'. [7] ConAgra maintained a presence in Chicago by moving its Hunt-Wesson business there from California. Throughout 2012, ConAgra contributed $1,176,700 to a $46 million political campaign known as the Coalition Against the Costly Food Labeling Proposition, sponsored by food producers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. In 2015, Conagra announced the relocation of its headquarters to the 100 year old historic Merchandise Market, in Chicago, in spite of Omaha's 1980's demolition of Jobbers Canyon. There are 181 companies in the Conagra Brands, Inc. corporate family. It was the third-largest recall up to that time. [26], The company's Greeley, Colorado, plant had been cited almost 10 times from 1999 to 2002 for violating worker safety. Get the full list », President, Chief Executive Officer and Board Member, Chief Financial Officer, Finance & Executive Vice President, Executive Vice President & Chief Operating Officer, Operations. © 2020 PitchBook Data. More Details. Facebook. ConAgra scored a total of 4 points, the lowest of any of the food companies rated. Conagra's cash on hand grew $316.7 million during 2020, ending the year at $554.3 million. The deal completed in January 2013 and made ConAgra the largest private-label packaged food business in the United States.[9]. Conagra Brands, Inc. has 170 employees at this location. Learn more about our portfolio of brands. Purchase by TreeHouse Foods, Inc. On February 1, 2016, TreeHouse Foods announced that it completed the acquisition of ConAgra Foods' private brands operations. [36], In February 2007, Conagra recalled jars of Peter Pan and Great Value brand peanut butter with the product code "2111" on the lid, because they were linked to a Salmonella outbreak. On October 1, 2015, Conagra announced that it would cut about 1,500 jobs and relocate its headquarters to Chicago as part of a restructuring plan. Sentencing was delayed by U.S. District Court Judge W. Louis Sands, who ordered nationwide newspaper advertisements searching for victims of the outbreak so the government could supply Victim Impact Statements for inclusion in the pre-sentence report. Search. [32] According to the Oregon Secretary of State, ConAgra contributed $71,000 to the campaign to defeat the state ballot initiative.[33]. [5], In 2002, ConAgra Foods sold its fresh meat operations under the name Swift & Company to Hicks, Muse, Tate & Furst, Inc. and Booth Creek Management. ConAgra's annual meeting of stockholders was held on September 23, 1993. Home; News. Conagra’s iconic brands, such as Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein™, and Frontera®, offer choices for every occasion. In response, the company set off on a two-decade-long buying spree, purchasing over one hundred prepared food brands, starting with its 1980 purchase of Banquet Foods. Others noted that the district was in disrepair and ConAgra's new headquarters have been an aesthetic and economic improvement for the city. Conagra had also paid $2 million to settle a related civil case filed by a group of Indiana farmers. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. About Conagra Brands. Bringing Big Flavor, Bold Protein Snacks Innovation to Virtual NACS Showroom. The National Trust for Historic Preservation asked that the historic legacy of a city and region not be held hostage to the narrow corporate preferences of a single commercial enterprise, but Conagra refused to reconsider. The headquarters were moved to Omaha in 1922. A 2006 report by Ceres, a non-profit organization that works to address global climate change and other sustainabilityissues, entitled "Corporate Governance and Climate Change: Making the Connection", measures how 100 leading global companies are responding to global warming. Conagra Brands is a packaged food company that operates predominantly in the United States (92% of revenue and 94% of profits). The next day ConAgra Foods announced that it would soon remove diacetyl from its Jiffy Pop and Orville Redenbacher's popcorn products. All proceeds to benefit the Food Bank for the Heartland’s hunger relief efforts. [43] By October 14, 174 cases of Salmonella poisoning in 32 states were linked to consumption of the contaminated ConAgra pot pies, with 33 people hospitalized. Acquisition strengthens Conagra’s portfolio of emerging and leading, iconic brands. Search. See insights on Conagra Brands including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The Jobbers Canyon district was adjacent to another historic district, the Old Market, which has proved to be an important center of cultural, tourist, and residential development in Omaha. Earnings are forecast to grow 5.81% per year. [24] The disposition of The People v. ConAgra Grocery Products Company et al. Get the full list », You’re viewing 5 of 7 subsidiaries. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. For purposes of this section, references to “Conagra Brands,” “we,” “us” or “our” include only Conagra Brands, Inc. and not any of its subsidiaries. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. Conagra Brands does not warrant and specifically disclaims any and all responsibility or liability for your use of such sites and you hereby release Conagra Brands and its subsidiaries, affiliates, officers, directors and agents from any and all such responsibility or liability for the same. single-serving packages bearing the number P-9 or "Est. [21] This voluntary program offers "future liability protection". [4], On March 24, 2005, ConAgra Foods, Inc. (the predecessor to Conagra Brands) said the results for fiscal 2003 and 2004 would be restated to reflect a reduction in after-tax profits of $150 million to $200 million in total. Companies in the report were evaluated on a 0 to 100 scale. That meat was linked to the illnesses of 19 people in six Western and Midwestern states. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi, You’re viewing 5 of 16 competitors. Conagra Brands’ diverse portfolio offers choices for every occasion. Personalize which data points you want to see and create visualizations instantly. [37], Since Peter Pan (but not Great Value) is only made at one plant, the recall included all Peter Pan jars sold in the U.S. between May 2006 and February 2007. While the majority of revenue is sold into the U.S. retail channel, we estimate about 8% of fiscal 2020 sales were to the food-service channel, down from 10% if fiscal 2019 due to the pandemic. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. As American households purchased more and more prepared and instant foods in the 1950s and 1960s, NCM chose not to expand into the businesses that used its flour, instead turning in the opposite direction and focusing more on raw foods like poultry and expanding its livestock feed business. Net income attributable to Conagra Brands, Inc. was $840.1 million in 2020, compared to $678.3 million in 2019. The company sold its Direct-to-Store Delivery snacks business with net cash proceeds of $137.5 million … 222 W. Merchandise Mart Plaza, Suite 1300 Chicago, IL 60654 312-549-5000 www.conagra.com. [27], In July 2004, six people were killed in a shooting inside the ConAgra Foods plant in Kansas City, Kansas. Get the full list », You’re viewing 5 of 18 board members. However, the recall process excluded workers who were on leave at the time of the purchase including those out due to work injury or pregnancy. On July 14, 2014, Conagra announced that it had acquired TaiMei Potato Industry Limited, a potato processor in Shangdu, Inner Mongolia. Stinson.[17]. [23] Although ConAgra never produced paint, it assumed the liabilities of W. P. Fuller & Co., a San Francisco-based paint producer, through a series of acquisitions. For fiscal 1998, revenues was cut from $24.27 billion to $24.19 billion. Conagra Brands, Inc. is located in Maple Grove, MN, United States and is part of the Food Manufacturing Industry. Conagra Brands has 16,500 employees across 55 locations and $11.05 B in annual revenue in FY 2020. [48], Partnership with Feeding America against child hunger, Learn how and when to remove this template message, Centers for Disease Control and Prevention, Flavor and Extract Manufacturers Association, Explosion at ConAgra plant in North Carolina, multiple injuries, Impact of the 2019–20 coronavirus pandemic on the meat industry in the United States, "Conagra Brands, Inc. 2017 Annual Report (Form 10-K)", "ConAgra to restate earnings after unit probe", "ConAgra Foods Completes Sale Of Fresh Beef And Pork Business | Conagra Brands", "ConAgra Foods to Sell Refrigerated Meats Businesses to Smithfield Foods for $575 Million; Sale Includes Butterball, Eckrich and Armour Brands", "ConAgra to Cut 1,500 Jobs, Move Headquarters to Chicago", "ConAgra Foods Acquires Chinese Potato Processor TaiMei Potato Industry Limited", "ConAgra Names CEO, Chairman of Potato Business Spinoff", "Conagra Brands completes Lamb Weston spinoff, name change", "Orville Redenbacher's popcorn owner Conagra is acquiring Angie's Boomchickapop", "Conagra Brands Completes Acquisition Of Angie's Artisan Treats, LLC, Maker Of Angie's® BOOMCHICKAPOP® Ready-To-Eat Popcorn, From TPG Growth", "Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse", "Carly Rae Jepsen And Cody Simpson Help Fight Child Hunger", "2006 Corporate Governance and Climate Change: Making the Connection", Voluntary Investigation and Cleanup (VIC) Program, "Sherwin, NL, Conagra Lose $1.1 Billion Lead Paint Ruling", "The People v. ConAgra Grocery Products Company et al", "ConAgra to Pay to Settle Disability Lawsuit", "Beef Processor's Parent No Stranger to Troubles", "KCK meatpacking plant shooting kills several", "Conagra Set to Settle Criminal Charges It Increased Weight and Value of Grain", "The Top 100 Corporate Criminals of the 1990s", "Food industry campaigns against Oregon labeling proposal", "Responsible Shopper Profile: Conagra Foods", "Who's Funding Prop 37, Labeling for Genetically Engineered Foods? [6], In 2006, ConAgra Foods sold its Chicago-area-based refrigerated meats business (Butterball, Eckrich, Armour) to Smithfield Foods. Through the program, the company cleaned up a property previously used for lithium ore processing and constructed a new 80,000-square-foot (7,000 m2) office/warehouse building. [28], In 1997, Conagra pleaded guilty to federal criminal charges that its Peavey Grain unit illegally sprayed water on stored grain to increase its weight and value and also bribed federal inspectors. Its financing activities used $1.4 billion, and investing activities used $153.8 million. Trading at 30.1% below our estimate of its fair value . Conagra was founded in 1919[1] by Frank Little and Alva Kinney, who brought together four grain mills as Nebraska Consolidated Mills (NCM) with its head Grand Island, Nebraska. Omaha approved the demolition of over 20 historic structures in Jobbers Canyon Historic District, a 19th-century warehouse district along the banks of the Missouri River in Downtown Omaha, Nebraska. [10] The move of headquarters from Omaha to Chicago was completed in late June 2016 with the opening of their new HQ at the Merchandise Mart building. Duis aute irure dolor in reprehenderit in voluptate velit esse ci, ore et dolore magna aliqua. PitchBook is a financial technology company that provides data on the capital markets. [22], On January 7, 2014, a California Superior Court found that Conagra and its co-defendants were liable in creating a public nuisance due to lead-based paint the companies sold. Facebook. Founded in 1919 as the Nebraska Consolidated Mills Company, ConAgra rose to the top tier of U.S. food processors during the 1980s with a series of acquisitions including Peavey (flour milling and grain trading), Armour Food (meat processing), Monfort of Colorado (beef) and Swift (another meat processor). However, this did not lead NCM to consider other food ventures, and instead it sold its assets in Duncan Hines to Procter & Gamble in 1956. [47], On March 3, 2010, ConAgra announced that the Garner plant would close in approximately 18 months, and Slim Jim production would be moved to a plant located in Troy, Ohio. Learn More. Others were denied jobs due to a history of previous injury or illness, despite their having no restrictions on returning to work. Importantly, the combination will also strengthen our ability to support our customers' efforts to build … [34] The organization's goal was to oppose the California citizen's initiative, known as Proposition 37, demanding mandatory labeling of foods containing genetically modified ingredients. Popular center-of-store brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, and Chef Boyardee. They also announced that ConAgra Foods would be renamed Conagra Brands when they moved HQ to Chicago in 2016. That year president R. S. Dickinson opened the company's first out-of-state facility in Alabama with a flour mill and animal feed plant. In comparison, the salaries at California Pretzel Co., Odom's Tennessee Pride Sausage, and Elan Nutrition are $45,384, $44,454, and $42,767. [40], On October 11, 2007, Conagra asked stores to pull the Banquet and generic brand chicken and turkey pot pies due to 152 cases of Salmonella poisoning in 31 states being linked to the consumption of Conagra pot pies, with 20 people hospitalized. [42], By October 12, a full recall was announced, affecting all varieties of frozen pot pies sold under the brands Banquet, Albertson's, Food Lion, Great Value, Hill Country Fare, Kirkwood, Kroger, Meijer, and Western Family. The board of directors are: Mogens C. Bay, Stephen G. Butler, Steven F. Goldstone, Joie A. Gregor, Rajive Johri, W. G. Jurgensen, Richard H. Lenny, Ruth Ann Marshall, Gary M. Rodkin, Andrew J. Schindler, and Kenneth E. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. [46] This explosion was directly responsible for an amendment to the National Fuel Gas Code prohibiting fuel gas piping systems in large buildings from being purged indoors. This venture was very successful, leading the company to its current place as the third largest flour miller in the U.S. The demolition made room for a sprawling new corporate campus and headquarters, and prompted protests and lawsuits from historic preservationists. Has a high level of debt. In 1971, Nebraska Consolidated Mills changed its name to "ConAgra", a portmanteau of con for consolidated and agra, similarly short in English for agriculture. PLC News; FTSE 100; FTSE 250; Funds; Sustainable PLCs Launching more savage products and merchandising vehicles for convenience stores . The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. This acquisition expands ConAgra Foods' Lamb Weston operations in a market that has growing demand for frozen potato products. Stockholders of Ralcorp Holdings, Inc. would receive $90 per share. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. [20], In 2003–2004, Conagra participated in a Minnesota Pollution Control Agency voluntary investigation and clean-up program. On June 27, 2018, Conagra Brands announced the acquisition of Pinnacle Foods for $8.1 billion. Get the full list », You’re viewing 5 of 65 executive team members. At the time of the recall, the USDA had still not identified the source of the Salmonella contamination. Consumer advocates encouraged nationwide boycotts of coalition members, and movements were started in several other states to enact similar labeling requirements. Unstable dividend track record. 1059" printed on the side of the package. Public interest groups criticized Conagra for the delay in issuing the recall, a decision which Conagra defended by saying the recall was a precaution. This information is available in the PitchBook Platform. Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The nonprofit ConAgra Foods Foundation has pledged a five-year commitment of $10 million to Feeding America to fight child hunger. [25], In May 2003, Conagra and its subsidiary Gilroy Foods agreed to pay $1.5 million to settle charges of hiring discrimination brought by the Equal Employment Opportunity Commission (EEOC). In 1993 alone it purchased $500 million in smaller firms, and in 1998 it purchased another $480 million in brands from Nabisco. Learn More. Employees at the parent company, Conagra Brands, earn $49,353. To explore Conagra Brands‘s full profile, request access. Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company in North America. CONAGRA BRANDS DIVESTS CANADIAN DEL MONTE BUSINESS [35], Conagra recalled 19 million pounds of ground beef in July 2002 with E. coli bacterial contamination. Lender's Bagel business sold to Bimbo Bakeries USA, Inc., a subsidiary of Grupo Bimbo S.A.B. [45], On June 9, 2009 at 11:27 am ET, an explosion rocked the Slim Jim manufacturing plant in Garner, North Carolina resulting in the collapse of a section of the facility's roof and wall. Nebraska Consolidated Mills, ConAgra Foods. Conagra produces a wide array of food products including cooking oil, frozen dinners, hot cocoa, hot dogs, peanut butter and many others. In 1940, the company began producing flour at its own mill, and in 1942 ventured into the livestock feed business. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. Charles Harper, the chief executive of Conagra at the time, requested that the city of Omaha demolish a historic site, one of the largest on the National Register of Historic Places. Ultimately, the Centers for Disease Control and Prevention (CDC) documented more than 628 individuals who were stricken with Salmonella poisoning in 47 states that could be traced back to Peter Pan and Great Value peanut butter. The fund owned 53,016 shares of the company’s stock after acquiring an additional 38,866 shares during the quarter. In 1974, C. Michael "Mike" Harper, an experienced food industry executive, took over the firm and brought it back from the brink of bankruptcy. Ten local governments in California filed the suit and the court ordered Conagra, NL Industries and Sherwin-Williams to pay $1.15 billion to remove or abate the lead in homes located in those cities and counties. In August 2001, the company negotiated with the union an end to the two-year strike with a new contract that would recall workers based on seniority. Venture was very successful, leading the company ran at a profit until,... 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