Interbake cuts a sweet deal

Mrs. Fields cookiesAlthough the scent of sweets no longer emanates from its iconic former factory near Broad and Boulevard, Interbake is still cutting some big cookie deals from Richmond.

The 113-year-old Richmond company, originally known as Southern Biscuit Works, struck a deal Thursday to manufacture and sell Mrs. Fields-branded cookies in North America.

Headquartered on Emerywood Parkway near Broad and Glenside, Interbake wouldn’t say much about the long-term licensing agreement, including how long the agreement lasts or how many cookies will be produced.

Interbake will begin manufacturing and selling Mrs. Fields cookies Oct. 29 and will manufacture the majority of those cookies at its facility in Kitchener, Ontario, according to Executive Vice President Selena Sanderson.

“We’re a primarily a business to business manufacturer and thus very conservative company in releasing any information about our customers products,” Sanderson said. “But with Mrs. Fields, both companies see this partnership as a great way to grow the brand and sales for our retail partners.”

Sanderson said the company doesn’t discuss much about its customers, citing confidentiality agreements with the companies for which it makes cookies.

But she did volunteer that Interbake is one of two bakeries in the country that produces Girl Scout Cookies.

That’s a lucrative account to have. Reports show the Girl Scout Cookie empire brings in about $700 million a year in revenue.

Interbake makes about 40 percent of the cookies for the Girl Scouts, Sanderson said.

Interbake no longer has any manufacturing facilities in Richmond, and it has fewer than 50 employees at its headquarters here. In addition to its new Canadian plant, it has factories in Sioux City, S.D., and Front Royal, Va.

Its former cookie factory on the corner of Boulevard and Broad was purchased this year by the Rebkee Company, which plans to spend about $19 million to convert the 240,000-square-foot plant into 178 apartments.

Mrs. Fields cookiesAlthough the scent of sweets no longer emanates from its iconic former factory near Broad and Boulevard, Interbake is still cutting some big cookie deals from Richmond.

The 113-year-old Richmond company, originally known as Southern Biscuit Works, struck a deal Thursday to manufacture and sell Mrs. Fields-branded cookies in North America.

Headquartered on Emerywood Parkway near Broad and Glenside, Interbake wouldn’t say much about the long-term licensing agreement, including how long the agreement lasts or how many cookies will be produced.

Interbake will begin manufacturing and selling Mrs. Fields cookies Oct. 29 and will manufacture the majority of those cookies at its facility in Kitchener, Ontario, according to Executive Vice President Selena Sanderson.

“We’re a primarily a business to business manufacturer and thus very conservative company in releasing any information about our customers products,” Sanderson said. “But with Mrs. Fields, both companies see this partnership as a great way to grow the brand and sales for our retail partners.”

Sanderson said the company doesn’t discuss much about its customers, citing confidentiality agreements with the companies for which it makes cookies.

But she did volunteer that Interbake is one of two bakeries in the country that produces Girl Scout Cookies.

That’s a lucrative account to have. Reports show the Girl Scout Cookie empire brings in about $700 million a year in revenue.

Interbake makes about 40 percent of the cookies for the Girl Scouts, Sanderson said.

Interbake no longer has any manufacturing facilities in Richmond, and it has fewer than 50 employees at its headquarters here. In addition to its new Canadian plant, it has factories in Sioux City, S.D., and Front Royal, Va.

Its former cookie factory on the corner of Boulevard and Broad was purchased this year by the Rebkee Company, which plans to spend about $19 million to convert the 240,000-square-foot plant into 178 apartments.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments