General Mills (US)
General Mills is one of the most recognized and well-known corporations worldwide. It trades on the New York Stock Exchange under the stock ticker GIS. This manufacturer generates staggering sales of around $13 billion (US Dollars) each year, resulting in a strong presence within the food markets all over the globe. Not satisfied with its current achievement, General Mills still keeps one eye on further development in developing countries. More plans of expansion are in operation, according to the company reports.
Like many other corporate behemoths located across the United States, General Mills had modest beginnings in its early years. When Cadwallader Washburne acquired a flour mill from Minnesota in the 1860s, he began researching finer milling procedures to produce flour of greater quality. The facilities of Washburne and John Crosby, another flour miller, were eventually merged.
By the 1880s, both received honors and multiple praises for their high-quality flour. Encouraged by these recognitions, they purchased new flour mills to expand their operations. General Mills was formed in 1928 when the Washburn Crosby Company partnered with several regional mills to launch the General Mills Corporation.
Founded: 1928
Headquarters: Minneapolis, Minnesota
Website: https://www.generalmills.com/