Cash Flows TOOTSIE ROLL INDUSTRIES, INC
Tootsie Roll Industries, Inc. Annual Report 2011 Merrill Corp - Tootsie Roll 10-K Tier 2 ED [AUX] | 105123 | 29-Feb-12 11:39 | 11-31190-1.ba | Sequence: 1 CHKSUM Content: 58733 Layout: 48046 Graphics: 17590 CLEAN Corporate Profile Tootsie Roll Industries, Inc. has been engaged in the manufacture and sale of confectionery products for 115 years. Our products are primarily sold under the familiar brand names: Tootsie Roll, Tootsie Roll Pops, Caramel Apple Pops, Child’s Play, Charms, Blow Pop, Blue Razz, Cella’s chocolate covered cherries, Tootsie Dots, Tootsie Crows, Junior Mints, Junior Caramels, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff cotton candy, Dubble Bubble, Razzles, Cry Baby, Nik-L-Nip and EI Bubble. Melvin J. Gordon, Chairman and Chief Executive Officer and Ellen R. Gordon, President and Chief Operating Officer. Corporate Principles We believe that the differences among companies are attributable to We run a trim operation and continually strive to eliminate waste, the caliber of their people, and therefore we strive to attract and minimize cost and implement performance improvements. retain superior people for each job. We invest in the latest and most productive equipment to deliver the We believe that an open family atmosphere at work combined with best quality product to our customers at the lowest cost. professional management fosters cooperation and enables each individual to maximize his or her contribution to the Company and We seek to outsource functions where appropriate and to vertically realize the corresponding rewards. integrate operations where it is financially advantageous to do so. We view our well known brands as prized assets to be aggressively We do not jeopardize long-term growth for immediate, short-term advertised and promoted to each new generation of consumers.
[Show full text]