According to the General Mills website, it is the “sixth largest food company in the world." It is also a Fortune 500 company with headquarters in Minnesota, with revenues for 2007 estimated to be nearly $12,500,000,000. On today’s news of poisoned pizzas, General Mills shares were down $1.08, or 1.87 percent, at $56.65 on the New York Stock Exchange.
According to today’s new’s reports, since July 1 of this year, General Mills said Totino’s and Jeno’s have distributed more than 120 million pizzas nationwide. The frozen pizza products were produced in the company’s Wellston, Ohio, plant and distributed nationwide. Surprisingly, General Mills has only recalled 5 million of the 120 million pizzas produced. One wonders if more will be recalled over the coming days.
According the the CDC, the earliest case was reported on July 20, and the latest was reported on October 10. The ten states reporting illness are, Illinois (1), Kentucky (3), Missouri (2), New York (2), Ohio (1), Pennsylvania (1), South Dakota (1), Tennessee (8), Virginia (1), and Wisconsin (1). Still no announcement by General Mills that it will take care of the victims by paying medical bills and wage loss.
I’m sure we will hear more about this in the coming days.