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Rich Products Corporation Business Reports

Rich Products Corporation Overview

Address

1 Robert Rich Way Buffalo, 
NY 14213 United States
Phone: 716-878-8000
Fax:716-878-8765
Toll Free:800-457-4841

Rich Products Corporation Rankings

#141 in Forbes Largest Private Companies (November 2011)

Company Description

Starting in 1945 with "the miracle cream from the soya bean," Rich Products has grown from a niche maker of soy-based whipped toppings and frozen desserts to a major US frozen foods manufacturer. The company has developed other products, such as Coffee Rich (nondairy coffee creamer). It has expanded its product line to include frozen bakery and pizza doughs and ingredients for the foodservice and in-store bakery markets, plus appetizers, baked goods, seafood, and barbecue meat. Rich Products markets more than 2,000 frozen food items that are available in 100 countries; it has manufacturing facilities throughout the US and around the world.

Rich Products Corporation Company Profile Report

Purchase Report
 
$49

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Historical Financials
  • Competitors List

    Company Profile Report Highlights

    • Company Description

      Quickly grasp how a company operates and understand its current business environment.

    • Industry Information

      Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

    • Biographies

      Learn the background and technology interests of the company's executives, to better understand possible growth directions.

    • Company History

      When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

    • Key People

      Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

    • Company Financials

      Review key financial information to gauge health and growth potential.

    Company Profile Report

    Purchase Report
     
    $49

      Choose below from the available Industry Reports related to 

    • Food Service Contractors Industry Report
    • Fruit & Vegetable Processing Industry Report
    • Bakery Product Manufacturing Industry Report
    • Seafood Processing Industry Report

    Food Service Contractors Industry Report

    Purchase Report
     
    $129

    Overview

    The US food service contracting industry includes about 3,000 companies with combined annual revenue of about $34 billion. Major companies include ARAMARK, Centerplate, and Delaware North. The industry is highly concentrated: the 50 largest companies account for about 90 percent of revenue.

    SIC: 5812

    NAICS: 722310

     

    Sample Questions & Answers

    How does the state of the economy affect the company?

    The profitability of food service contractors fluctuates with the health of the national economy. A weak economy means fewer employees at the company cafeteria, less corporate spending on catering, lower attendance at sports and...

     

    How do industrywide low wages affect the company's ability to attract and retain employees?

    Wages in the food service contractor industry are significantly lower than the national average. The hiring pool for the industry typically includes immigrants, some of whom have entered the US illegally. Increased government enforcement...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Food Service Contractors Industry Report

      Purchase Report
       
      $129

      Fruit & Vegetable Processing Industry Report

      Purchase Report
       
      $129

      Overview

      The US fruit and vegetable processing industry includes about 1,300 companies with combined annual revenue of about $64 billion. Major companies include Del Monte, Heinz, JR Simplot, and Ocean Spray; and divisions of large food companies such as ConAgra and General Mills. The industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

      SIC: 2032, 2033, 2034, 2037, 2038

      NAICS: 311422, 311421, 311412, 311423, 311411

       

      Sample Questions & Answers

      How does the company protect against changes in raw material and crop prices?

      Crop yields and prices can change yearly due to weather, disease, and supply and demand. Processors sell large quantities of commodity products at fairly low prices; however, if a crop yield is poor, the processor usually can't raise prices enough to...

       

      How dependent is the company on its larger customers?

      Consolidation in the grocery and restaurant industries and the rise of mass food merchandisers, like Costco and Wal-Mart, has funneled demand through fewer but larger customers. Local and regional processors may depend on just a few customers for the...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planning.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Fruit & Vegetable Processing Industry Report

        Purchase Report
         
        $129

        Bakery Product Manufacturing Industry Report

        Purchase Report
         
        $129

        Overview

        The US bakery industry includes about 2,800 commercial bakeries with combined annual revenue of about $30 billion, along with about 6,000 retail bakeries with combined annual revenue of about $3 billion. Major companies include Hostess Brands and Flowers Foods, plus the US operations of Mexico's Grupo Bimbo. The commercial side of the industry is concentrated: the 50 largest companies generate 75 percent of revenue. The retail side of the industry is highly fragmented: the 50 largest companies generate about 15 percent of revenue, and the typical company operates just one facility.

        SIC: 2051, 2053, 5461

        NAICS: 311811, 311812, 311813

         

        Sample Questions & Answers

        How does the bakery protect against higher raw material costs?

        The costs of major raw materials, such as wheat, vegetable oils, fuel for delivery fleets, and natural gas for ovens, can change rapidly. Producer prices for wheat and vegetable oil can vary more than 40 percent during a year; commercial customer...

         

        How do supermarket bakeries challenge the company?

        Consolidation in the supermarket industry has produced large chains that can efficiently operate their own bakeries. Publix operates several bakery plants to supply its stores in the Southeast. Grocery-owned bakeries typically supply "fresh-baked"...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.

          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

          • Industry Forecast

            Identify growth and integrate projections in your own business planning.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.

          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Bakery Product Manufacturing Industry Report

          Purchase Report
           
          $129

          Seafood Processing Industry Report

          Purchase Report
           
          $129

          Overview

          The US seafood processing industry consists of about 550 companies with combined annual revenue of about $10 billion. Major companies include American Seafoods, Bumble Bee Foods, Icicle Seafoods, Starkist, and Trident Seafoods. The industry is concentrated: the 50 largest companies account for about 70 percent of revenue. Some companies in the industry engage in seafood distribution as well as processing.

          SIC: 2077

          NAICS: 311711, 311712

           

          Sample Questions & Answers

          How dependent is the company on the success of commercial fishing operations?

          Seafood processors depend heavily on the success of commercial fisheries. The challenges that shape commercial fishing - regulations, legislation, changes in fish availability due to overfishing and migratory patterns, and vessel fuel prices - have a...

           

          How do rising fuel costs challenge company profitability?

          Seafood processors depend highly on the cost of diesel fuel, as diesel is the primary fuel for powering both fishing vessels and distribution trucks. In times of high fuel prices, commercial fisheries and processors must negotiate an appropriate fuel...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.

            • Trends & Opportunities

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

            • Call Preparation Questions

              Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

            • Industry Forecast

              Identify growth and integrate projections in your own business planning.

            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.

            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Seafood Processing Industry Report

            Purchase Report
             
            $129