Post Foods was founded by C. W. Post in 1895. The company’s first product was a cereal beverage, followed by its first cereal, Grape-Nuts, and Post Toasties. In its original advertising, Grape-Nuts claimed to cure appendicitis.
Post Foods changed its name to General Foods Company after acquiring Jell-O gelatin, Baker’s chocolate, and Maxwell House coffee in the 1920’s.
In 1985 Phillip Morris Companies acquired General Foods, and merged it with Kraft Foods in 1989. In 2007 Kraft spun-off Post Cereals and merged it with Ralcorp Holdings, naming the new company Post Foods.
Today Post Foods makes Grape-Nuts, Honey Bunches of Oats, Raisin Bran, Shredded Wheat, Alpha-Bits, Pebbles, Bran Flakes, and Toasties. The company is the third-largest cereal maker in the United States after Kellogg and General Mills.
Post Foods trades publicly on the New York Stock Exchange under the ticker symbol POST, is a member of the Russell 2000, has 7,950 employees, and had $3.80 billion in revenue in 2014.
Post FoodsPost Foods was founded by C. W. Post in 1895. The company’s first product was a cereal beverage, followed by its first cereal, Grape-Nuts, and Post Toasties. In its original advertising, Grape-Nuts claimed to cure appendicitis.
Post Foods changed its name to General Foods Company after acquiring Jell-O gelatin, Baker’s chocolate, and Maxwell House coffee in the 1920’s.
In 1985 Phillip Morris Companies acquired General Foods, and merged it with Kraft Foods in 1989. In 2007 Kraft spun-off Post Cereals and merged it with Ralcorp Holdings, naming the new company Post Foods.
History
Today Post Foods makes Grape-Nuts, Honey Bunches of Oats, Raisin Bran, Shredded Wheat, Alpha-Bits, Pebbles, Bran Flakes, and Toasties. The company is the third-largest cereal maker in the United States after Kellogg and General Mills.
Post Foods trades publicly on the New York Stock Exchange under the ticker symbol POST, is a member of the Russell 2000, has 7,950 employees, and had $3.80 billion in revenue in 2014.