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Borden Dairy Company is an American dairy processor and distributor headquartered in Dallas, Texas. [6] Established in 2009, [2] the company is a successor to the original Borden Company established in 1857 by Gail Borden. [7] The company is a former subsidiary of Dean Foods. [1] On January 5, 2020, Borden Dairy Company filed for bankruptcy.
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.
Dallas-based Borden Dairy Co. filed for Chapter 11 bankruptcy protection Jan. 5, blaming rising raw milk costs, reduced milk consumption and increased competition among non-dairy alternatives ...
That year it also purchased the frozen produce company Europe's Best in Canada and the milk brand Carnation. [33] On November 6, 2008, J.M. Smucker purchased the Folgers coffee brand division from Procter & Gamble for $3.3 billion, [ 34 ] [ 35 ] [ 36 ] acquiring brands such as Millstone Coffee in the process. [ 37 ]
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 Jr. (November 9, 1801 – January 11, 1874) was an American inventor and manufacturing pioneer. He was born in New York state and settled in Texas in 1829 (then part of Mexico), where he worked as a land surveyor, newspaper publisher, and food company entrepreneur.
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The Borden Milk Plant was built by the Borden Company in 1927 to process raw milk into butter and powdered milk.It was among the earliest industrial facilities to be established by a major U.S. company in the former Confederacy in the years after the American Civil War.