The Epicurus Institute : Financial Resources

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About this Company

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Epicurus Institute Analysis

B&G Foods is uniquely positioned to cope with the difficulties of a recession economy. Long shelf life products do not spoil quickly, so inventories remain safe until sold. The product range, mostly fundamental and used in comfort foods is not overpriced and consumers can afford the range of products even in difficult times. Basically, the company sells products most people need every day, making this a safe investment in tough economic times.

Synopsis (provided by Yahoo! Finance)

B&G Foods, Inc., together with its subsidiaries, engages in the manufacture, distribution, and sale of shelf-stable foods in the United States, Canada, and Puerto Rico. It offers shelf-stable Mexican food, which includes taco shells, seasonings, dinner kits, taco sauces, peppers, refried beans, salsas, and related food products; maple syrup, gourmet salad dressings, marinades, fruit syrups, confections, pancake mixes, and organic products; and shelf-stable pickles, relishes, peppers, olives, and other related specialty items. The company also provides a range of fruit-based spreads and jarred wet spices, such as chopped garlic and basil; and seasonings, salad dressings, marinades, pepper sauces, barbecue sauces, mustards, salsas, and pasta sauces, as well as chicken, beef, and vegetable cooking stocks. In addition, B&G Foods offers meat spreads, including deviled ham, chicken, roast beef, and liver pate and sardines; various baked beans and brown bread; canned beans comprising kidney, chili, and other beans; and mild and full-flavored molasses products and blackstrap molasses product that is used in baking and barbeque sauces, and as a breakfast syrup. Further, the company provides natural flavor enhancers, hot sauces, vinegars, cooking wines, and hot cereals. It distributes its products through a network of independent brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, nonfood outlets, and specialty food distributors. The company was founded in 1996. It was formerly known as B Companies Holdings Corp. and changed its name to B&G Foods Holdings Corp. in 1997. Later, it changed its name to B&G Foods, Inc. in 2004. The company is headquartered in Parsippany, New Jersey.

Profile:

Sector: Consumer goods
Industry: Processed & Packaged Goods
Full Time Employees: 749

Contact Info:

B&G Foods Inc.
4 Gatehall Drive
Suite 110
Parsippany, NJ 07054
United States
Telephone: 973-401-6500
Website: http://www.bgfoods.com

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Notes are solely the opinion of The Epicurus Institute..

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