Very few companies can make the claim that 80% of U.S. homes have their products in their pantries. But when you are as diverse as the J.M. Smucker Company (Tii:SJM) with brands like Jif peanut butter, Folgers coffee, Milk-Bone dog snacks and Café Bustelo, it’s easy to understand Smucker’s reach.
The company was founded in Orrville, Ohio in 1897 by Jerome Monroe Smucker. Smucker built a cider mill and sold apple cider and apple butter door-to-door from the back of his horse....