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Smucker in midst of ‘most robust period of innovation’ in company history
date:Feb 21, 2013
r announced it will expand its manufacturing footprint by converting its Memphis, Tenn., fruit spread facility into a peanut butter plant.

Since acquiring Jif a decade ago we have invested nearly $100 million in our plant located in Lexington, Ky., said Mark Belgya, senior vice-president and chief financial officer. The brand has grown tremendously in the process doubling in sales since we acquired it. While these capital enhancements have allowed us to keep pace with Jifs growth to date, the e

12/25 07:27