Company description

The J.M. Smucker Company, with the ticker SJM, is a well-known and reputable American multinational corporation that specializes in food and beverage products. Founded in 1897 and based in Orrville, Ohio, the company has a long-standing history of delivering high-quality and beloved brands to consumers. Some of its most popular products include coffee, peanut butter, jelly, fruit spreads, pet food, and baking ingredients. With a strong emphasis on sustainability, the company strives to use responsible sourcing and packaging practices. SJM has also been recognized for its philanthropic efforts, donating to various community and non-profit organizations. Over the years, the company has experienced steady growth and expansion, acquiring several other well-known brands such as Folgers, Jif, and Dunkin' Donuts. Despite facing challenges in a competitive market, SJM continues to innovate and diversify its product offerings to meet the evolving needs and preferences of consumers. As a result, the company has gained a loyal customer base and has maintained its position as a top player in the food and beverage industry.