A new generation of soft pretzel twisters is engineered and developed. KING SIZE soft pretzel production becomes fully automated, providing further manufacturing efficiencies.
$20 million Convertible Debentures converted to common stock 2 years after issuance.
Chill out with LUIGI’S. LUIGI’S Real Italian Ice is successfully introduced to supermarkets.
Sales reach $86 million, marking the 18th straight year of increased sales and earnings.
J&J is recognized by Forbes Magazine as one of the 200 Best Small Companies in America.
The family keeps growing as J&J acquires several other companies:
Trotter Soft Pretzel Co., maker of Mr. Twister Soft Pretzels
Western Syrup
American Snack Foods, maker of HOT KNOTS Soft Pretzels
MIA Products Co., manufacturer of Shape Ups Juice Bars
At first Annual Shareholders’ Meeting, Gerald B. Shreiber, Chairman, announces $100 million sales goal by 1992.
Company completes successful $20 million Convertible Debenture offering.
J&J acquires a tall cool one, when controlling interest in ICEE-USA, an AMEX listed company is acquired. With ICEE, J&J adds frozen carbonated beverages to its ever-growing line-up of niche product offerings.
J&J acquires FROSTAR line of frozen novelties from Schwan’s.
Sales climb to over $47 million.
Retail markets truly become SUPER as J&J expands into the supermarket business with SUPERPRETZEL Soft Pretzels.
The company completes successful initial public offering of 600,000 shares. The stock is traded on NASDAQ under the symbol JJSF.
The DUTCHIE soft pretzel business is acquired.
J&J acquires the assets of Southern Food Products, a specialty cookie and baked goods manufacturer, and relocates its West Coast soft pretzel operations to its facility in Vernon, CA.
SUPER JUICE goes for the gold! The company contracts with Olympic champion Mary Lou Retton to promote SUPER JUICE juice bars.
Sales soar over $25 million.
A major product line is added to the line-up as the SUPER JUICE fruit juice bar product line is introduced.
Sales go over $15 million.
A new building is acquired and a major expansion is completed. Manufacturing capacity increases fourfold.
Another plant is added to the J&J family with the acquisition of BSP Soft Pretzel Co. (formerly Bachman Soft Pretzel Co.).
Doin’ the twist! Exclusive license rights for the manufacture and sale of AMF pretzel twister machines are acquired and manufacturing expertise is enhanced.
We set the donut straight! Churro product rights and assets are acquired from a subsidiary of Rapid American Corp., and TIO PEPE’S Churros are created.
Copyright 2011 J&J Snack Foods Corp.
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