Manufacturers of crackers, crisps and puffs are adding nutrients and specialty ingredients to their products, while cutting fat, gluten and more to meet consumer demand for exceptional quality.
The American Pop Corn Co., Sioux City, Iowa, is a whopping 100 years old this year. A century ago, Cloid Smith started the family business and 3 billion lb., five generations of Smiths and 10 decades later, it’s still churning out Jolly Time Pop Corn under family ownership.
Shearer’s Foods, owned by Toronto-based Wind Point Partners, acquires the assets of Medallion Foods from Omaha, Neb.-based ConAgra Foods for $33.5 million. Medallion Foods produces value- and private-label, corn-based snack foods, including tortilla chips, corn chips and extruded corn products. ConAgra bought Medallion Foods as part of its purchase of Ralcorp Holdings Inc. in early 2013.