Michael Foods Inc. - MIKL- Profile

Michael Foods Incorporated. The principal activities of the Group are the production and distribution of food products operating under four divisions: Egg Products is the largest producer, processor and distributor of extended shelf-life liquid eggs and precooked, dried, hard-cooked and frozen egg products; Refrigerated Distribution distributes a broad line of refrigerated grocery products directly to supermarkets; Dairy Products processes and distributes soft serve mix, ice cream mix, and extended shelf-like ultrapasteurized milk and specialty dairy products to domestic fast food businesses and other foodservice outlets, independent retailers, ice cream manufacturers and others; and Potato Products processes and distributes refrigerated potato products sold to the foodservice and retail grocery markets. The Company acquired Ingredient Supply, Inc in 2000. Egg products accounted for 60% of 2000 revenues; refrigerated distribution, 22%; dairy products, 13% and potato products, 5%.