February 9, 1993
Nestle USA said Monday that it has signed a definitive agreement to sell its Favorite Foods unit in Fullerton to a food products company based in Dallas. Terms of the proposal were not released. The sale won't affect employment at Favorite Foods, which has about 100 employees in Fullerton. The company also operates a plant in Bakersfield. Favorite Foods, which produces yogurt products that are marketed under several brand names, reported $44 million in 1992 sales.
December 28, 2001 |
Nestle's long-expected move to acquire complete control of the venture that sells Haagen-Dazs ice cream in the United States gives it more ammunition in its war with Unilever for worldwide ice cream supremacy. But one beneficiary in this clash of the packaged goods titans could be lesser-known Dreyer's Grand Ice Cream Inc., the No. 1 U.S.-based ice cream company, which is partially owned by Nestle, analysts said Thursday.
January 19, 1993
A unit of Nestle USA plans to close two food-product research centers, including one in Van Nuys that employs about 100 people, by the end of 1994. The unit, Westreco Inc., will either transfer the workers to other facilities in Ohio and Connecticut, or offer severance packages and job-placement services, said Laurie MacDonald, a spokeswoman at Nestle USA's headquarters in Glendale. Nestle USA is the domestic unit of the Swiss food giant Nestle SA.
October 22, 1999 |
Having watched Starbucks Corp. elbow out its Cafe Sarks brand on grocery store shelves, executives at Nestle USA knew it was time to wake up and sell some coffee. The Glendale-based company is replacing Sarks with a new gourmet coffee and specialty coffee beverage line in Western states, under the 62-year-old Nescafe label.
September 8, 1992 |
Nestle SA, the Swiss food giant, overhauled its American operation twice last year to bolster its position in the U. S. food industry. The effect of those moves, good and bad, can be seen at any major grocery store. Start with the freezer counter. There, Nestle's Stouffer's frozen foods are fighting for the top spot thanks to ferocious price-cutting by Stouffer's--price-cutting Nestle says it can stomach because its corporate overhaul produced big savings in operating costs.
June 29, 1993 |
After 4 1/2 years of disappointing results in thS. baby-formula market, Nestle U. S. A. Inc. alleges in a lawsuit that the American Academy of Pediatrics conspired with the nation's two dominant formula makers to stop Nestle from getting a bigger piece of the market. The Glendale-based unit of the giant Swiss food company, Nestle S. A., contends the medical group helped Abbott Laboratories and Bristol-Myers Squibb Co.
CALIFORNIA | LOCAL
April 29, 1995 |
The headquarters of Nestle USA, one of the largest buildings constructed during Glendale's office boom of the late 1980s, is reportedly being sold, although the food conglomerate's 1,500 employees are expected to stay. The 22-story, 525,000-square-foot building at 800 N. Brand Blvd. is co-owned by Nestle USA and Dallas-based Lincoln Property Co.
August 20, 1999 |
The makers of Haagen-Dazs frozen desserts and Drumstick ice cream bars have agreed to combine their U.S. ice cream operations in a joint venture designed to increase sales. Glendale-based Nestle USA and Pillsbury Co. of Minneapolis would retain ownership of the brands and production technology and license them to the joint venture, which has been temporarily named Ice Cream Partners USA.
November 1, 1992 |
Nestle USA recently awarded Reading Is Fundamental, or RIF, of Southern California $20,000 to buy about 10,000 books for Los Angeles area children. The nonprofit organization coordinates a national network of parents, teachers, librarians and volunteers to interest children in books and help develop reading skills.
October 29, 2000 |
Every company has its perks, and for employees of Glendale-based Nestle USA, they include a discount company store loaded with everything from its namesake Nestle Crunch bar to Lean Cuisine, Friskies pet food, Ortega salsa and Perrier mineral water. Carrying more than 168 brands and a majority of the company's 2,000 products, the store exemplifies how huge Nestle has become.