McCain Foods Net Worth

Net Worth: $100 Billion

Company Type: Privately Held Corporation
Industry: Frozen Food
Founded: Florenceville, New Brunswick, Canada (1957)
Founders: Harrison McCain, Wallace McCain
Headquarters: Florenceville-Bristol, New Brunswick, Canada
Area served: Worldwide
Key people: Allison D. McCain – Chairman
Max Koeune – President and CEO of McCain Foods Limited
Danielle Barran – President of McCain Foods (Canada)
Products: French fries, appetizers, vegetables, desserts, entrees, and oven meals
Revenue: Increase $6.8 billion USD (2017)
Number of employees: 22,000 (2020)
Website: mccain.com

About McCain Foods

McCain Foods is a Canadian multinational frozen food company and one of Canada’s largest with an estimated net worth of $100 billion. The company generated $6.8 billion in revenue for 2017. As of 2017, the company is the world’s largest manufacturer of frozen potato products, and has over 20,000 employees and 47 production facilities in six continents. The company generates more than C$8.5 billion in annual sales. In 2014, McCain Foods was ranked in 19th place, being the 19th largest private company in Canada. McCain Foods was co-founded in 1957 by brothers Harrison McCain and Wallace McCain with the help of their two older brothers and in their first year of production, the company hired 30 employees and grossed over $150,000 in sales that year. During the 1970s-1990s, the company expanded into additional prepared food markets including frozen pizza and vegetables. This gave the company way to seize control of the markets in that sector of the industry. The company surged into a highly profitable company and is one of the most valuable companies in Canada. with production throughout the globe, the company became high net worth to financial critics.

 1,043 total views,  1 views today