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McCormick and Co.

World's leading spice and seasoning company.

Headquarters:
18 Loveton Circle
Sparks, MD 21152
Employees: 7,500
CEO: Alan Wilson
Stock Symbol: MKC

McCormick is the world's largest spice company and also produces seasonings, flavors and other food products for the entire food industry - from foodservice and food processing businesses to retail outlets.

Headquartered near Baltimore, MD, McCormick has facilities in Canada, Europe and around the globe with products sold in more than 100 countries.

The consumer business provides spices, herbs, extracts, proprietary seasoning blends, sauces and marinades to retail outlets such as grocery, mass merchandise, and drug retail outlets. In the U.S., consumer products are sold under the McCormick brand. In Canada the brand is Club House, in the U.K. it's Schwartz, and in France it's Ducros. In other markets the McCormick brand name is primarily used. We have operations in North America, Central America, Europe, Australia, and China. Joint ventures are located in the U.S., Mexico, France, the Philippines and Japan. From these operations, our products are sold throughout the world.

The industrial business supplies products worldwide to a significant majority of the top 100 food processors and to restaurant chains, distributors, and warehouse clubs. We have operations in North America, Europe, and the Asia/Pacific region. Products include spices, blended seasonings, condiments, coatings and compound flavors. While the McCormick name may not be on the food package, our products are in a wide range of snack foods, savory side dishes, desserts, beverages, confectionery items, cereals, baked goods and more.

The company reported revenues of $3.3 billion in fiscal 2010 and net income of $370.2 million.

Alan Wilson, Chairman, President & CEO of the company, said, "In an economic environment that remains difficult in many of our major markets, we delivered strong financial performance that met or exceeded each of our financial goals for 2010. Our growth initiatives and operational achievements drove increases in both sales and profit. Interest in flavor continues to grow and consumers and customers rely on McCormick for great-tasting, high quality products. That's the essence of our business - we bring passion to flavor."

History

1889 - McCormick & Company was started in Baltimore, in one room and a cellar by 25-year-old Willoughby M. McCormick and his staff of two girls and a boy. First products were root beer, flavoring extracts, and fruit syrups and juices, sold under "Bee Brand" and Silver Medal" trademarks; "Iron Glue" (Sticks Everything But the Buyer) and Uncle Sam's Nerve and Bone Liniment" (For Man Or Beast). Products were sold door-to-door: their motto was "Make the Best - Someone Will Buy It."

McCormick stock was traded on the New York Stock Exchange in 1999.

In 2008, the company acquired Lawry's, a well-known brand of seasoning blends and marinades.

Benefits

- Competitive Compensation

- Merit-based Pay Increases

- Bonus Programs, depending on the level in the organization

- Sales Incentive Plans

- Medical Plan

- Dental Plan

- Disability Plan

- Group Life Insurance

- Profit Sharing (USA only)

- 401(k) Investment Plan (USA only)

- Pension Plan

- Employee Stock Purchase Plan

- Paid Holidays and Vacations

- Service and C.P. McCormick Awards

- Relocation Assistance

- Corporate Matching Gifts Program

- Employee Product and Gift Purchase

- Employee Assistance Program

- Long-Term Care Insurance

Updated May 15, 2011