298:, chief executive officer and president, the company reached a peak of $ 240 million in sales in 1998. At this point, the company had nearly 100 branches in 29 states in the western U.S. At this same time, however, the company became mired in shareholder unrest, Shareholders demanded greater transparency into the company's operations and market strategy, wanted executives to work with Wall Street analysts and sought to add independent directors to the board. Despite this, the company remained fairly private and closed to the public. At the time of Roy F. Farmer's death in 2004, following a more than 50-year stint heading the company (he was 87) a successor had not been named.
333:. The company expanded its Project D.I.R.E.C.T. initiative to Brazil in 2018. Deverl Maserang was appointed chief executive officer and president in September 2019 and Scott Drake as CFO in March 2020. It launched its Revive Equipment Service & Restoration, entered into a partnership with High Brew Coffee and opened a more than 150,000-square-foot West coast distribution center in Rialto, California in 2021.It sold its direct ship business in June 2023 to Treehouse Foods. John Moore was named president and CEO in May 2024
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Farmer
Brothers established its first Direct Trade partnership in 2010 and opened its Public Domain Coffee House in Portland, Oregon. The company celebrated its 100th anniversary in 2012 and appointed Michael Keown as its new chief executive officer and president in March of that year. Keown came to
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In the years following Farmer's death, Guenter Berger served as chief executive and Roy E. Farmer left the company for a time. Sometime later, Roger M. Laverty III was appointed as chief executive officer and president and during his time , Farmer
Brothers acquired Coffee Bean International Tand its
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When Roy E. Farmer died in 1951 at the age of 59, his son, Roy F. Farmer assumed control of the company. The transition proved hard on the company as the younger Farmer was forced to take the company public in 1952. listed on the NASDAQ market under the symbol FARM. As Roy F. settled, he was able to
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In 1942, the Farmer
Brothers plant retooled to support the war effort, with female machinists producing highly technical parts and equipment to supply the military. In 1949, the company opened a 20-acre, state-of-the-art headquarters and production facility in Torrance, California, increasing its
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in 2009. The later acquisition was for a reported $ 45 million. He served until April 2011. At that point, Jeffrey Wahba (treasurer and chief financial officer) and
Patrick Criteser (president and chief executive officer of Coffee Bean International) were appointed by the board as co-CEOs on an
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in 1923 while simultaneously expanding the scope of the company to include the sale of coffee equipment, marked by the acquisition of
Western Urn Manufacturing. As the company grew, it began opening branch locations throughout California, quickly establishing a notable presence in developing
283:. Starting in the 1930s, Farmer Brothers diversified to include the sale and distribution of not just coffee beans and equipment, but a wider selection of supporting foodservice items. By 1939, the company was roasting and selling more than 3 million pounds of coffee a year.
258:. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.
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greatly improve production efficiency and increase profit margins. The company expanded its portfolio to include herbs, spices and seasonings in 1963 and launched its Office Coffee
Division in 1972, before expanding nationwide in 1988.
360:(as is the headquarters of Coffee Bean International). In what some reviewers have dubbed a "cautiously designed corporate coffeehouse for high-quality coffee", Farmer Brothers showcases its "top shelf" coffees.
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The acquisition of Coffee Bean
International by Farmer Brothers was part of the company's expansion into "specialty coffee". As an outgrowth of that initiative, Public Domain was established in April 2010. A
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which also serves as a lab and training facility for their baristas. The establishment is nationally recognized and is located in downtown
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669:"Not Your Average Joe: Farmer Brothers Iced Coffees Deliver Cold Refreshment and Cool Profits All Day Long"
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On April 28, 2015, Farmer
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319:. Then on April 15, 2013, Farmer Bros. appointed Mark Nelson as its new CFO.
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453:. Vol. 52. University of Michigan: St. James Press. p. 117.
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542:"Farmer Bros. to Acquire Sara Lee's Direct-Store Delivery Coffee"
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and expanded its
Project D.I.R.E.C.T. initiative in Nicaragua.
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Boyd's Coffee and West Coast Coffee shortly thereafter in 2017
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of Farmer
Brothers, Public Domain is the company's flagship
588:"Farmer Bros. Co. Names Michael Keown President & CEO"
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In 1912, Roy E. Farmer started a small business roasting
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sales to more than 14 million pounds of coffee a year.
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392:"View Filing Data for SEC filing 0000034563-23-000067"
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In 2016, Farmer Brothers acquired China Mist Tea and
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In the following years of Roy F. Farmer's tenure as
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302:Panache brand in Portland, Oregon in 2007 and the
517:"Roy F. Farmer, 87; Built Family Coffee Company"
563:"Farmer Bros. Co. CEO Roger Laverty to Retire"
751:Food and drink companies of the United States
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736:Food and drink companies established in 1912
648:"Public Domain Opens Doors to, well, Public"
590:(Press release). Globe News Wire. 2012-03-03
450:International directory of company histories
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498:: CS1 maint: numeric names: authors list (
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274:. Following a decade of success, Farmer
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731:American companies established in 1912
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721:Coffee companies of the United States
690:"A Peek at Public Domain Coffee Shop"
565:. Reuters. 2011-04-04. Archived from
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16:American coffee foodservice company
609:"Farmer Brothers Appoints New CFO"
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741:1912 establishments in California
692:. Willamette Week. Archived from
270:and selling them door to door in
130:80 (2024 investor presentation)
746:Companies listed on the Nasdaq
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611:. The Motley Fool. 2013-04-04
427:"Farmer Bros Company History"
406:"Farmer Bros Company History"
87:; 112 years ago
214:US$ 12.1 million (FY 2014)
202:US$ 500.9 million (FY 2023)
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671:. MarketWatch. 2014-04-07
726:Companies based in Texas
650:. Eater.com. 2010-04-30
544:. Bloomberg. 2008-12-03
272:Los Angeles, California
447:Pederson, Jay (2003).
63:Russell 2000 Component
304:direct store delivery
152:chairman of the board
343:Public Domain Coffee
337:Public Domain Coffee
306:coffee business of
220:Number of employees
126:Number of locations
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429:. Funding Universe
317:Dean Foods Company
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521:Los Angeles Times
474:farmbros_tl0vjw.
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276:incorporated
268:coffee beans
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156:John Moore (
150:David Pace (
109:Headquarters
37:Company type
476:"Our Story"
378:"Investors"
354:coffeehouse
252:foodservice
164:, director)
136:Area served
73:Foodservice
715:Categories
700:2014-09-17
675:2014-09-17
654:2014-09-17
615:2014-09-16
594:2014-09-16
573:2014-09-16
548:2014-09-17
527:2021-04-02
485:2024-08-14
460:1558624821
433:2014-09-16
412:2014-09-16
364:References
350:subsidiary
234:farmerbros
209:Net income
146:Key people
83:California
27:Trade name
158:president
49:Traded as
494:cite web
308:Sara Lee
296:chairman
175:Products
69:Industry
229:Website
199:Revenue
101:Founder
90: (
79:Founded
57::
457:
249:coffee
188:Spices
180:Coffee
55:Nasdaq
41:Public
224:1,000
85:(1912
500:link
455:ISBN
236:.com
140:U.S.
119:U.S.
92:1912
59:FARM
184:Tea
168:CFO
162:CEO
717::
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