Millstone Coffee
Millstone Coffee is a brand of coffee sold in the US, a division of The J.M. Smucker Company. The company sells whole bean and ground coffee in retail settings and on its website.
History
The company was founded in Everett, Washington, in 1981. Founder Phil Johnson sold 100-pound sacks of Arabica beans to high-end coffee shops in the greater Seattle area, and pioneered the idea of selling whole-beaned coffees to supermarkets.
Johnson sold the company to Procter & Gamble in 1996, which closed down most of the Everett operation and runs the company out of Ohio. Johnson took the assets P&G did not purchase and created the Cascade Coffee company, which continues to do business in Everett.
In January, 2008, Procter & Gamble announced plans to create an independent company named The Folgers Coffee Company. The company consisted of three segments: Retail, Commercial, and Millstone.[1]
On November 6, 2008, The J. M. Smucker Company announced the completion of its merger with The Folgers Coffee Company.[2] On September 9, 2016, J.M. Smucker Co. announced its decision to discontinue the Millstone Coffee brand, citing 'lack of sustainable demand'.[3]
References
- ↑ P&G Announces Plan to Create Stand-Alone Coffee Company
- ↑ The J. M. Smucker Company Announces Completion of Folgers Merger
- ↑ "Smucker Discontinues Millstone Coffee Discount Coffee Acquires Remaining Stock | Articles | Vending Features | Vending Times Inc.". www.vendingtimes.com. Retrieved 2016-10-22.
External links
- Official website
- "Cascade Coffee has to know beans about business" The Everett Herald
- Cascade Coffee - company founded by Millstone founder Phil Johnson