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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 259
Company Information
Name: H.J. Heinz Company
Industry: Food Processing
Description: H.J. Heinz Company manufactures and markets an extensive line of processed food products throughout the world. The Company's principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, tuna and other seafood products, infant food and other processed food products. Its products are sold to chain, wholesale, cooperative and independent grocery accounts, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants and certain government agencies.
Financial Summary: HNZ and its subsidiaries manufacture and market an extensive line of processed food products throughout the world, including ketchup/sauces, pet food, baby food, frozen potato products, and low calorie products. For the 13 weeks ended 7/27/05, revenues increased 5% to $2.11B. Net income applicable to Common fell 19% to $157.3M. Revenues reflect volume increases. Earnings were offset by reorganization charges.
Business Summary: H. J. Heinz Company manufactures and markets a line of processed food products throughout the world. The Company's principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, tuna and other seafood products, infant food and other processed food products. Its products are prepared from recipes developed in the Company's research laboratories and experimental kitchens. H. J. Heinz Company segments are organized by geographical area. The Company operates in five segments: North American Consumer Products, U.S. Foodservice, Europe, Asia/Pacific and Other Operating Entities. Its products are sold through its own sales force and through independent brokers, agents and distributors to chain, wholesale, co-operative and independent grocery accounts, convenience stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, health-care facilities and government agencies.
Misc Details
Symbol: HNZ
City: Pittsburgh
State: PA
ZIP Code: 15219
Address: 600 Grant Street
Phone: 412-456-5700
Fax: 412-456-6015
Website: http://www.heinz.com
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