Kraft Foods are a major food conglomerate, and North America's second largest food and beverage company, behind PepsiCo. Kraft is owned by Altria Group, formerly The Philip Morris Company.
James Kraft started as a traveling cheese salesman, and the company evolved from his J.L. Kraft and Bros. Company, which was selling 31 varieties of cheese nationwide by 1914. The company went public in 1924 and became Kraft Cheese Company. It was first acquired by National Dairy Products Corporation. James Kraft died in 1953.
On March 2, 2010 Kraft Foods completed the sale of their pizza business in North America to Nestlé.http://www.kraftfoodscompany.com/mediacenter/whats-new/index.aspx
Products
Kraft Foods own several brands recognized worldwide, including Cheez Whiz, Chips Ahoy!, Nabisco, Oscar Mayer, Kraft, Philadelphia, Oreo, Maxwell House, Jacobs, Mika, LU, Vegemite, Côte d'Or and Planters. They also package and distribute all Starbucks and Taco Bell grocery store products. Kraft has 11 brands with revenues exceeding $1 billion and more than 70 brands that have revenues greater than $100 million and, more than 40 brands that are at least 100 years old.
Business Statistics
Kraft the world's second largest food company, has 98,000 employees, 168 plants and around $50 billion in revenues. They sell in approximately 160 countries.http://us.mg2.mail.yahoo.com/dc/launch?.gx=1&.rand=9qi25stsdtouc
Pizza Roll Ups and Sauce Recipe from Kraft Kitches
Ingredients needed: 2 Tbsp. butter, melted, 1/4 tsp. Italian seasoning, 1/4 tsp. garlic powder, 1 can (13.8 oz.) refrigerated pizza crust, 1 cup Kraft 2% Milk Shredded Mozzarella Cheese, 2 Tbsp. chopped onions, 1 pkg. (9 oz.) Oscar Mayer Deli Fresh Shaved Oven Roasted Turkey Breast and 1-1/2 cups marinara sauce. Heat oven to 400°F. Mix butter and seasonings until well blended. Unroll pizza dough onto baking sheet; press into 15x10-inch rectangle. Brush with half the butter mixture; top with cheese, onions and turkey. Starting at one short end, roll up dough to form log. Pinch seams and ends together to seal. Position log lengthwise, seam-side down, in center of baking sheet. Brush with remaining butter mixture. Bake 15 min. or until lightly browned. Let stand 5 min. Cut into 12 slices. Serve with marinara sauce and a crisp mixed green salad.
Oreo Fudge Ice Cream Cake Recipe
OREO & Fudge Ice Cream Cake Ingredients for Oreo Fudge Ice Cream Cake: 1/2 cup hot fudge ice cream topping, warmed, 1 -8 oz.) Cool Whip, thawed, divided, 1 pkg. (3.9 oz.) JELL-O Chocolate Instant Pudding, 8 Oreo Cookies, chopped (about 1 cup) and 2 vanilla ice cream sandwiches
Pour fudge topping into medium bowl. Whisk in 1 cup Cool Whip. Add dry pudding mix; stir 2 minutes. Mix in chopped cookies. Place 4 ice cream sandwiches, side-by-side, on 24-inch-long piece of foil; top with half the Cool Whip mixture. Repeat layers. Top with remaining sandwiches. Frost top and sides with remaining Cool Whip. Bring up foil sides; double fold top and ends to loosely seal packet. Freeze 4 hours or until firm. Makes 12 servings.
References
Fast Facts
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Ticker
KFT (NYSE)
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Headquarters
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CEO
Irene Rosenfeld
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Founded
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International business includes 155 countries
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January 19, 2010
Kraft buys Cadbury $19.5 billion acquisition
