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In 1970, Continental Coffee Company went public. In 1973, Continental Coffee Company changed its name to CFS Continental, Inc. to reflect the growing importance of foodservice to their traditional coffee business. [1] In 1985, CFS Continental, Inc. with $1.6 billion in annual sales was purchased by the soybean and corn processor A.E. Staley for ...
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The following projections are based on estimates provided by the City of Phoenix and Thomas J. Klutznick Company. Municipal Tax Revenues. $1 billion to the City of Phoenix over the life of CityNorth [5] $22 million average annually during years 1 to 10; Construction Sales Tax. City - $21,200,000; State - $57,300,000; Jobs Created. 16,000 during ...