Kraft Foods Inc.
Consumer Packaged Goods
VAULT RANKINGS 2010
GENERAL INFO
Headquarters: Northfield,
IL
125 offices
View all company stats
THE BUZZ…
- "Obesity will create challenges"
- "Strong player in category, innovative food solutions"
NEWS AND UPDATES
Vault's Scoop
Uppers
- Great culture-positive and respectful to the individual
Downers
- Short term planning in order to meet the quarterly demands of shareholders
ABOUT THIS COMPANY:
Hope you’re hungryKraft, the second-largest food maker in the world, is made of what were once three separate and sizable food companies: Kraft, General Foods and Nabisco. This food empire was cobbled together largely through acquisitions by the Philip Morris Companies that today are known as the Altria Group. Though once a subsidiary of the tobacco giant, as of early 2007, Kraft is publicly traded and operates as an independent company. Kraft was incorporated in 2001, and its initial public offering was the third largest on record, trailing only Visa and AT&T Wireless. With about 103,000 employees, Kraft has operations in about 75 countries and territories around the world, and its products are sold in some 150 nations. The company’s results for 2008 amounted to revenue of $42.2 billion and net income of $2.9 billion.
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