Together with his son, Franklin Jr., Mr. Baker put up the family’s first coconut manufacturing plant in Brooklyn, New York.
Collaboration opens new opportunities to raise production levels and community outreach work strengthen ties with local farmers.
Philip Morris acquires General Foods USA and Kraft Foods in 1985 and 1988 respectively, folding in the desiccated coconut business. Known as the Franklin Baker Division, this becomes part of Kraft Food Ingredients Corporation later on.
With Kraft deciding to focus on its core business, Andorra Investments Corporation (formerly known as Andorra Ventures Corporation) acquires Franklin Baker from Kraft, outbidding other companies in 2006.
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FRANKLIN BAKER | All Rights Reserved | 2024
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FRANKLIN BAKER | All Rights Reserved | 2024