NASDAQ, SENEB - Seneca Foods Corp B
SENECA FOODS CORPORATION (the ?Company?) was organized in 1949 and incorporated
under the laws of the State of New York. In the spring of 1995, the Company
initiated a 20-year Alliance Agreement with the Pillsbury Company, which was
acquired by General Mills Operations, Inc. (?GMOI?) that created the Company?s
most significant business relationship. Under the Alliance Agreement, the
Company packs canned and frozen vegetables carrying GMOI?s Green Giant brand
name.
Since the onset of the Alliance Agreement, vegetable production has been the
Company?s dominant line of business. In fiscal 1999, the Company sold its fruit
juice business and its applesauce and industrial flavors business. As a result
of these divestitures, the Company?s only non-vegetable food products are a line
of fruit and chip products.
On August 18, 2006, the Company completed the acquisition of the sole membership
interest in Signature Fruit Company L.L.C. ...
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