Mr. BISHOP of Georgia. Mr. Speaker, I rise today to honor a company that has done much for the 2nd Congressional District of Georgia, Flowers Foods, recently named by Forbes magazine as one of the best managed companies in America.
To create the list, Forbes looked at more than 1,000 publicly traded companies with at least $1 billion in revenue, and chose 400 based on metrics, earnings forecasts, corporate governance ratings, and other public company information. From that list, Forbes editors picked one best-managed company from each of the 26 industries represented – and Flowers Foods was among the “best of the best.” Forbes selected these companies not just for their financial performance, but also for leadership, innovation, and execution.
Flowers Foods is a leading producer and marketer of packaged bakery goods in the United States. The company operates 36 highly efficient bakeries that produce breads, buns, rolls, snack cakes and pastries which are distributed to foodservice and retail customers in the Southeastern, Southwestern, and Mid-Atlantic States, and frozen to national foodservice and retail customers.
Founded in Thomasville, GA in 1919 by brothers William Howard and Joseph Hampton Flowers, Flowers Foods produces many well-known brands of baked goods including Nature’s Own, Sunbeam, ButterKrust, Mi Casa and Bluebird.
In Thomasville alone, which is in my district, Flowers employs 550 people at one bakery. Statewide, Flowers employs 2,110 people at 7 bakeries.
Flowers Foods is a publicly traded company on the New York Stock Exchange, ticker symbol FLO.
Again, please join me in congratulating Flowers Foods on their recent award. It is an excellent company and an integral part of the business community of the 2nd Congressional District of Georgia.