H.J. Heinz

Leading maker of ketchup and prepared foods.

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Headquarters:
600 Grant St.
Pittsburgh, PA 15219
Employees: 32,200
CEO: Bernardo Hees

Website: http://www.heinz.com

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H.J. Heinz is a global U.S.-based food company with leading brands in more than 200 countries and is best known for its tomato ketchup used on hamburgers and hot dogs.

In June, the company was officially acquired by Berkshire Hathaway and 3G Capital for $72.50 in cash per share or $28 billion.

The company said in November it will close plants in Idaho, South Carolina and Ontario and cut 1,350 jobs.

Heinz is one of the world's leading marketers and producers of branded foods in ketchup, condiments, sauces, meals, soups, seafood, snacks, and infant foods. Heinz satisfies hungry consumers in every outlet, from supermarkets to restaurants to convenience stores and kiosks.

Heinz sells 650 million bottles of ketchup and two single-serve packets of ketchup for everyone on the planet each year.

The company has over 110 major locations worldwide, with leading brands on six continents. Heinz brand names - such as Ore-Ida, Smart Ones, Bagel Bites, Plasmon, Wattie's, San Marco, Farley's, Bio Dieterba, Petit Navire, Greenseas, Classico, Wyler's, UFC, Classico, ABC, Honig, DeRuijter, Olivine and Pudliski - appear on thousands of different products worldwide. Heinz also uses the famous names Weight Watchers, Boston Market, T.G.I. Friday's, and Jack Daniel's under license.

In fiscal 2012, the company reported record revenues of $11.6 billion, an 8.8% rise, and net income of $923 million.

History

1869 - Henry J. Heinz and L. Clarence Noble launch Heinz & Noble. The first product is Henry's mother's "pure and superior" grated horseradish, bottled in clear glass to show its purity.
1876 - Ketchup is added to the company's condiment line, which also includes celery sauce, pickled cucumbers, sauerkraut and vinegar.
1893 - Heinz introduces the pickle pin at the Chicago World's Fair, known as The Columbian Exposition. It becomes one of the most popular promotional pieces in the history of American business.
1896 - Henry Heinz turns more than 60 products into "57 Varieties." The magic number becomes world-renowned and now is virtually synonymous with the H.J. Heinz Company.
1931 - Howard Heinz, Henry's son, fights the Great Depression by adding two new lines: ready-to-serve 'quality' soups and baby foods. They become top sellers.
1946 - H.J. "Jack" Heinz II, grandson of the Founder, takes the company public, and launches post-war operations in Holland, Venezuela, Japan and Italy.
1963 - Heinz acquires StarKist and "Charlie the Tuna" becomes a national media star.
1965 - Heinz acquires Ore-Ida and transforms a regional business into the leading retail frozen potato brand in the U.S.
1978 - Heinz acquires Weight Watchers International, now the largest weight-loss program in the U.S.
2002 - Heinz sells U.S. StarKist seafood, North American pet foods and pet snacks, U.S. private label soup, College Inn broth, and U.S. baby food businesses to Del Monte Foods Company in an all-stock transaction.

Benefits

Health Care

  • Competitive Health, Prescription and Dental Plans
  • Options that include coverage for Singles, Families and Domestic Partners
  • Employee Assistance Program

Insurance

  • Life Insurance
  • Disability Coverage
  • Accidental Death & Dismemberment
  • Business Travel Accident
  • Travel Assistance Program

Fitness

  • Health A to Z Resource
  • Lifestyle Profile and Health Coaches
  • Gym Membership Subsidies/Discounts
  • On-Site Fitness Programs (site specific)

Retirement

  • 401K- Immediate Participation and Company Matching
  • Retirement Contributions
  • Employee Stock Purchase Plan
  • Financial Planning

Enrichment

  • Health Care and Dependant Care Spending Accounts
  • Vacation Purchase
  • Employee Store Discounts
  • Adoption Assistance
  • Tuition Reimbursement
  • Heinz Corporate Discount Perks
  • Flexible Work Arrangements for Work/Life Balance

Updated November 19, 2013