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Eagle Family Foods Group LLC, doing business as Eagle Foods, is an American food company based in Cleveland, Ohio owned by private equity firm Kelso & Company.The company was founded in 2015 by Paul Smucker Wagstaff, formerly of The J. M. Smucker Company, after acquiring ownership of the canned milk brands formerly owned by Borden (Eagle Brand, Magnolia, Milnot, and PET).
Gail Borden, founder. The company was founded by Gail Borden Jr., in 1857 in Connecticut as "Gail Borden Jr., and Company." Its primary product was condensed milk.Struggling financially, the company was saved when Jeremiah Milbank, a partner in the wholesale food distributor I. & R. Milbank & Co. and the son-in-law of banker Joseph Lake, agreed to invest and acquired 50 percent of the stock.
Jane Ellison was a fictional character created in the 1920s by the US food company Borden to promote its Eagle Brand condensed milk. Jane, called a "culinary expert", promoted her "Magic Recipes" in magazine articles, on the radio, and in her 1930s pamphlets Magic!
Advertisement for Gail Borden's Eagle Brand Condensed Milk from an 1898 guidebook for travelers in the Klondike Gold Rush. With the founding of the New York Condensed Milk Company, sales of Borden's condensed milk began to improve. The outbreak of the Civil War in 1861 soon after created a large demand for condensed milk from the Union Army.
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Condensed milk is also evaporated to remove around 60 percent of the water from fresh milk, but it’s supplemented with lots of sugar. Just one ounce of condensed milk has over 15 grams of sugar.