JM Smucker, officially known as The J.M. Smucker Company, is a well-known American food company with a long and storied history. It was founded in 1897 by Jerome Monroe Smucker in Orrville, Ohio. Smucker initially started by selling apple butter made from apples grown in his own orchard. He would seal the apple butter in crocks, stamping them with his signature and the phrase "Quality Made to Spread." The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol "SJM."
Over the years, the company expanded its product offerings, focusing on various food and beverage products. Today, JM Smucker is a leading manufacturer and marketer of a wide range of consumer food products, including coffee, peanut butter, fruit spreads, baking mixes, pet food, and more. Some of its most famous brands include Smucker's, Folgers, Jif, Crisco, and Meow Mix.
Over the years, JM Smucker has grown both organically and through strategic acquisitions, expanding its product portfolio and market presence. The company has a strong reputation for delivering quality products and maintaining a commitment to customer satisfaction.
As a part of its expansion and growth strategy, JM Smucker has ventured into various partnerships and acquisitions. For example, in 2008, the company acquired the Folgers coffee business from Procter & Gamble, significantly strengthening its presence in the coffee market. Additionally, the company has made several acquisitions in the pet food industry, diversifying its product offerings and entering the fast-growing pet food market.