Beatrice Commercial

4 views
Skip to first unread message

Fernando Capelle

unread,
Aug 3, 2024, 5:29:55 PM8/3/24
to anlearrere

7.5 Acres (326,700 sq ft.) in Industrial Park available for lease. Build to suit or laydown yards. Willing to rock the entire space, enclose in chain link, and provide power as needed. Willing to break up the space as well.

Interior recently remodeled, the lessee may choose carpet and wall colors. Interior space may be arranged to suit needs; access to the alley; two modern restrooms; kitchen/break room, has commercial refrigerator and freezer, electric range; gas heating system; located in the proposed National Register Historic District.

Add style, value, and curb appeal to your home with new garage doors from Blue Valley Door Company, Inc. Whether you are looking for double door, ranch panel, raised-panel, carriage panel, or openers for your garage, you will find it all here.

Trust Blue Valley Door Company, Inc., with your commercial garage door installations and any needed maintenance and repairs. Our wide array of brands means you'll be able to find a design and style of door which fits your business needs.

Are you looking for professional loading dock installation and maintenance services? Well, look no further than Blue Valley Door Company, Inc. You can rely on us to keep your loading docks functioning efficiently and safely.

Beatrice Franklin represents both plaintiffs and defendants in commercial litigation across a broad spectrum of practice areas including complex business disputes, energy matters, real estate, patent, antitrust, securities, and financial services. Her work has resulted in successful trial judgments, multimillion-dollar settlements, and defense-side dismissals.

Ms. Franklin joined Susman Godfrey after clerking for Justice Ruth Bader Ginsburg on the U.S. Supreme Court, Judge Susan Carney on the U.S. Court of Appeals for the Second Circuit, and Judge Jesse Furman on the U.S. District Court for the Southern District of New York. She graduated magna cum laude from Harvard University and received her J.D. from Columbia Law School, where she received the Ruth Bader Ginsburg Prize and won Best Oralist and Best Brief in the Harlan Fiske Stone Honors Moot Court competition.

Beatrice Foods Company was a major American food conglomerate founded in 1894.[1][2] One of the best-known food processing companies in the U.S., Beatrice owned many well-known brands such as Tropicana, Krispy Kreme, Jolly Rancher, Orville Redenbacher's, Swiss Miss, Peter Pan, Avis, Milk Duds, Samsonite, Playtex, La Choy and Dannon.[3][4]

In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands and assets were acquired by Kohlberg Kravis Roberts,[5] with the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods.

The Beatrice Creamery Company[6][7] was founded in 1894 by George Everett Haskell and William W. Bosworth, by leasing the factory of a bankrupt firm of the same name located in Beatrice, Nebraska. At the time, they purchased butter, milk, and eggs from local farmers and graded them for resale. They promptly began separating the butter themselves at their plant, making their own butter on site and packaging and distributing it under their own label. They devised special protective packages and distributed them to grocery stores and restaurants in their own wagons and through jobbers. To overcome the shortage of cream, the partners established skimming stations to which farmers delivered their milk to have the cream, used to make butter, separated from the milk. This led to the introduction of their unique credit program of providing farmers with cream separators so they could separate the milk on the farm and retain the skim milk for animal food. This enabled farmers to pay for the separators from the proceeds of their sales of cream. The program worked so well, the company sold more than 50,000 separators in Nebraska from 1895 to 1905. On March 1, 1905, the company was incorporated as the Beatrice Creamery Company of Iowa, with capital of $3,000,000. By the early 20th century, they were shipping dairy products across the United States, and by 1910 they operated nine creameries and three ice cream plants across the Great Plains.

In 1913 the company moved to Chicago, the center of the American food processing industry. By the 1930s, it was a major dairy company, producing some 30 million US gallons (110,000,000 L) of milk and 10 million US gallons (38,000,000 L) of ice cream annually. In 1939, Beatrice Creamery Company purchased Blue Valley Creamery Company, the other Chicago-based dairy centralizer. This acquisition added at least 11 creameries from New York to South Dakota. Beatrice's 'Meadow Gold' brand was a household name in much of America by the beginning of World War II. In 1946, it changed its name to Beatrice Foods Co.[8] Their sales doubled between 1945 and 1955, as the post-war baby boom created greater demand for milk products.

From the late 1950s until the early 1970s, the company expanded into Canada and purchased a number of other food firms, leveraging its distribution network to profit from a more diverse array of food and consumer products. It became the owner of brands such as Avis Car Rental, Playtex, Shedd's, Tropicana, John Sexton & Co, Good & Plenty, and many others. Annual sales in 1984 were roughly $12 billion.

In 1968, Sexton Foods was approached by Beatrice with an offer to purchase John Sexton & Co. Beatrice was attracted to Sexton Quality Foods' distribution network, quality, variety of private-label products, specialized food offerings, sales force and profitability. Mack Sexton's initial response was no, but Beatrice Foods was very interested. Eventually both parties reached an agreement. Beatrice Foods increased the purchase price, pledged capital to expand Sexton Quality Foods' distribution network and introduce a new Sexton frozen product line, and pledged that the Sexton leadership would continue to lead and operate the company as a separate entity. On December 20, 1968, Beatrice acquired the business and assets of John Sexton & Co., exchanging about 375,000 shares of Beatrice's preferred convertible preference stock valued at $37,500,000. John Sexton & Co. became an independent division of Beatrice Foods, led by Mack Sexton (son of Franklin), William Egan (son of Helen), and William Sexton (son of Sherman). Mack became a vice president of Beatrice and a Beatrice board member. John Sexton & Co. put Beatrice Foods into the wholesale grocery business and Beatrice put John Sexton & Co. into the frozen foods business.[9] Beatrice's and the Sexton's leadership were interested in maximizing the investment in John Sexton & Co. by growing the company.[citation needed]

Wallace Rasmussen was the chairman and CEO of Beatrice Foods from 1976 until 1980, retiring after 47 years with the company.[10] During his tenure, Beatrice added several high-value acquisitions to its portfolio, most notably Tropicana Products, Inc.[10]

During both the 1984 Winter and Summer Olympics, the corporation flooded the TV airwaves with advertisements advising the public that many familiar brands were part of Beatrice Foods. These ads used the tagline (with a jingle) "We're Beatrice. You've known us all along." After the Olympics, advertisements for its products continued to end with the catchphrase "We're Beatrice" and an instrumental version of the "You've known us all along" portion of the jingle, as the red and white "Beatrice" logo would simultaneously appear in the bottom right hand corner.[11] The campaign was found to alienate consumers, as it called attention to the fact that many of their favorite brands were part of a far-reaching multinational corporation. One commercial also mispronounced the name of the founding city. The campaign was pulled off the air by autumn.

In June 1984, Beatrice acquired Esmark. The Esmark acquisition was part of the company's strategy to focus Beatrice's assets in food and consumer products businesses. In addition to the Swift & Co. and Hunt-Wesson food brands, companies owned by Esmark included Avis Rent a Car,[5] Playtex, Jensen Electronics, and STP. Because of Esmark's national brands, direct sales force, distribution network and research and development capabilities, its acquisition was expected to accelerate the attainment of Beatrice's marketing goals. The company also sought a higher public profile, adding their name to the end of their brands' television commercials, and sponsoring the Newman-Haas IndyCar and Haas Lola Formula One racing teams.[12] Many analysts believe the Esmark acquisition, which was pushed by then Chairman, Chief Executive Officer and President James L. Dutt, put too much of a debt load on Beatrice, which hurt Beatrice's credit rating and therefore deflated the value of Beatrice stock.

1985, Beatrice sold their Beatrice Chemical division to Imperial Chemical Industries. Stahl Finish, Paule Chemical, Polyvinyl Chemical Industries, Converters Ink Company, and Thoro System Products were the business units that formed Beatrice Chemical.[13] Other divisions sold to pay off the debt from the Esmark purchase included Brillion Iron Works, World Dryer, STP, and Buckingham Wine (distributors of Cutty Sark whisky).

Beatrice's Coca-Cola bottling operations (acquired by Beatrice in 1981) were acquired by The Coca-Cola Company for $1 billionin 1986.[14][15] They were shortly spun off as Coca-Cola Enterprises Beatrice Bottled Water Division (acquired with the Coca-Cola operations) with brands such as Arrowhead Drinking Water, Ozarka Drinking Water, and Great Bear Drinking Water were also sold to Perrier in 1987.[16]

In December 1986, a group of Company executives, together with Drexel Burnham Lambert bought International Playtex, Inc. in a leveraged buyout and named the newly private organization Playtex Holdings. Playtex included such former Esmark brands as Max Factor, Playtex Living Gloves, Playtex Products, Almay, Jhirmack, and Halston/Orlane.

c80f0f1006
Reply all
Reply to author
Forward
0 new messages