![]() Ten years later, the Confections Group of Chicago purchased Pearson’s. ![]() ITTCB continued to produce the traditional product lines, but altered the original Nut Goodie recipe in response to higher production costs and perceived consumer preferences. The Pearson family sold the company to the New York-based International Telephone and Telegraph/Continental Baking (ITTCB) in 1969. ![]() The Nut Goodie’s annual revenues in the mid-1960s totaled nearly $3 million. Paul that was capable of producing thousands of Nut Goodies and other candy items each week. The success prompted a move to a new, 85,000 square-foot facility at 2140 West Seventh Street in St. The company’s sales reached $6 million in 1958 -a substantial profit at a time when the Nut Goodie sold for just a dime. Shortly after the move, the Pearson brothers purchased the Trudeau Candy Company, bringing Mint Patties and the Seven Up Bar under the Pearson’s label. Pearson’s Candy Company moved its operations to 411 Broadway Street in downtown St. In the meantime, Pearson’s introduced another key product, the Salted Nut Roll. The company flourished during the Great Depression, though by 1936, an ad for the Nut Goodie bar showed that the price had dropped to three cents each. The Nut Goodie bar featured a maple cream center surrounded by milk chocolate-covered Virginia peanuts. The Pearson’s Candy Company began to manufacture what would become one of their most successful products, the Nut Goodie, in 1912. Edward, John Albert, and Oscar F., began a candy-making business at 108 Western Avenue in Minneapolis in 1909. The milk chocolate-coated Nut Goodie, introduced in 1912, has survived several changes in company ownership and a temporary departure from its original recipe to remain a regional favorite. The Pearson’s Candy Company has produced some of Minnesota’s best-loved candies since its founding in 1909.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |