NEWS AND UPDATES
UppersGrowing diversity;Competitive pay;Flex hours
DownersChilly weather;Dearth of women in the top ranks;Hours can be onerous
ABOUT THIS COMPANY:Getting a rise
Getting a rise
Chubby, giggly and ever-pokeable, the Pillsbury Doughboy has become one of the most easily recognizable American icons. The little guy has made a lot of dough for the Minneapolis-based company. Although the Pillsbury name is normally associated with rolls, buns and other ''poppin' fresh'' bread products, the company's plentiful pantry also stores cookies, pizzas and side dishes. Pillsbury sells a host of familiar brands such as Hungry Jack biscuits, Old El Paso Mexican Foods, Progresso soups and Italian foods, and Totino's snack products. An apparent master of fantastical, food-promoting creatures, Pillsbury also owns the rights to the Jolly Green Giant. In 2001, Diageo PLC, the parent company of Pillsbury, sold the Doughboy and his baked goods to packaged foods industry giant General Mills, Inc. for a sweet $10 billion.
Pillsbury came into existence when Charles Pillsbury and his father George purchased an interest in a floundering Minneapolis flourmill in 1869. As they amassed more capital and momentum, the duo built what was then the largest flourmill on the Mississippi River. In 1869, they launched the company's namesake flour under the banner Pillsbury's BEST. Although English investors bought the company in 1889, the Pillsbury family kept management privileges; they bought back the company in 1923 and began trading stock four years later.
From the Community