POV: date=July 2008

General Mills (NYSE: GIS) is a Fortune 500 corporation, mainly concerned with food products, which is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. The company markets several well-known brands, such as Betty Crocker, Yoplait, Colombo, Totinos, Jeno's, Pillsbury, Green Giant, Old El Paso, and Cheerios. Their brand portfolio includes more than 100 leading U.S. brands and numerous category leaders around the world. On average, U.S. shoppers place at least one General Mills product into their shopping cart each time they visit the grocery store.

History

In 1877, the mill entered a partnership with John Crosby to form the Washburn-Crosby Company. A year later, the "A" mill exploded, killing 17 workers and also demolishing several nearby buildings. The mill was rebuilt and continued to operate for almost 90 years.

In the 1920s, the company stepped in to take over a failing Twin Cities radio station, renaming it WCCO (from Washburn-Crosby Company). General Mills itself was created in 1928 when Washburn-Crosby President James Ford Bell directed his company to merge with 26 other mills.

General Mills brought the popular radio show The Lone Ranger to broadcast in 1941. The show was then brought to television, and, after 20 years, their sponsorship came to an end in 1961.

When NASA astronaut Scott Carpenter launched into space on Aurora 7 in 1962, he was carrying with him the first solid space food – small food cubes developed by Pillsbury's research and development department. Taking Pillsbury scientists more than a year to develop, space food cubes were followed by other space-friendly foods, such as non-crumbly cake, relish that could be served in slices, and meat that needed no refrigeration.[http://www.generalmills.com/corporate/company/GeneralMills_History_I_I.pdf 4677_Text2_17 ]

Beginning in 1959, General Mills sponsored the famous Rocky and His Friends television show, which later prompted The Bullwinkle Show in 1961. Until 1968, Rocky and Bullwinkle were featured in a variety of advertisements for General Mills.

General Mills came out with their “Monster Cereals” in the 1970s. Two of the cereals, Frute Brute and Yummy Mummy, were discontinued from the “Monster Cereal” line in the 1980s.Fact: date=October 2008

In 1970, General Mills acquired a five-unit restaurant company called Red Lobster and expanded it nationwide. Soon, a division of General Mills titled General Mills Restaurants developed to take charge of the Red Lobster chain. In 1982, General Mills Restaurants founded a new Italian-themed restaurant chain called Olive Garden. Another themed restaurant, China Coast, was added before the entire group was spun-off to General Mills shareholders in 1995 as Darden Restaurants.