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Farmer Brothers

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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 314:
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. 291:
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. 347:
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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On April 28, 2015, Farmer Brothers announced the move of its headquarters from Torrance, California to
342: 307: 191: 316: 62: 493: 454: 357: 330: 323: 255: 40: 475: 714: 280: 113: 58: 48: 630:"Portland's Boyd Coffee Company sold to Farmer Brothers - Portland Business Journal" 267: 448: 353: 275: 271: 251: 72: 349: 208: 82: 26: 319:. Then on April 15, 2013, Farmer Bros. appointed Mark Nelson as its new CFO. 295: 377: 453:. Vol. 52. University of Michigan: St. James Press. p. 117. 248: 187: 179: 54: 542:"Farmer Bros. to Acquire Sara Lee's Direct-Store Delivery Coffee" 326:
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" 266:
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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In 2016, Farmer Brothers acquired China Mist Tea and
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In the following years of Roy F. Farmer's tenure as
228: 218: 206: 198: 174: 144: 134: 124: 108: 100: 78: 68: 46: 36: 24: 315:the company from WhiteWave Foods, a subsidiary of 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 8: 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 19: 498:: CS1 maint: numeric names: authors list ( 18: 274:. Following a decade of success, Farmer 369: 731:American companies established in 1912 511: 509: 491: 721:Coffee companies of the United States 690:"A Peek at Public Domain Coffee Shop" 565:. Reuters. 2011-04-04. Archived from 7: 16:American coffee foodservice company 609:"Farmer Brothers Appoints New CFO" 14: 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 1: 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) 767: 340: 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 21: 429:. Funding Universe 317:Dean Foods Company 190: • 186: • 182: • 521:Los Angeles Times 474:farmbros_tl0vjw. 254:company based in 242: 241: 758: 705: 704: 702: 701: 686: 680: 679: 677: 676: 665: 659: 658: 656: 655: 644: 638: 637: 632:. 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Answers.com 407: 401: 398: 393: 387: 384: 379: 373: 370: 363: 361: 359: 355: 351: 344: 336: 334: 332: 327: 325: 320: 318: 312: 309: 305: 299: 297: 292: 288: 284: 282: 281:San Francisco 277: 273: 269: 261: 259: 257: 256:Irving, Texas 253: 250: 246: 237: 231: 227: 223: 217: 213: 210: 205: 201: 197: 193: 189: 185: 181: 177: 173: 169: 163: 159: 153: 149: 143: 139: 133: 129: 123: 115: 114:Irving, Texas 111: 107: 104:Roy E. Farmer 103: 99: 84: 81: 77: 74: 71: 67: 64: 60: 56: 53: 50: 45: 42: 39: 35: 31: 28: 23: 698:. Retrieved 694:the original 684: 673:. Retrieved 663: 652:. Retrieved 642: 634:the original 624: 613:. Retrieved 603: 592:. Retrieved 582: 571:. Retrieved 567:the original 557: 546:. Retrieved 536: 525:. Retrieved 523:. 2004-03-17 520: 483:. Retrieved 479: 469: 449: 442: 431:. Retrieved 421: 410:. Retrieved 400: 386: 372: 346: 328: 321: 313: 300: 293: 289: 285: 276:incorporated 268:coffee beans 265: 244: 243: 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:: 519:. 508:^ 496:}} 492:{{ 478:. 160:, 117:, 703:. 678:. 657:. 618:. 597:. 576:. 551:. 530:. 502:) 488:. 463:. 436:. 415:. 394:. 380:. 170:) 154:) 96:) 94:)

Index

Trade name
Public
Traded as
Nasdaq
FARM
Russell 2000 Component
Foodservice
California
Irving, Texas
chairman of the board
president
CEO
CFO
Coffee
Tea
Spices
Culinary Goods
Net income
farmerbros.com
coffee
foodservice
Irving, Texas
coffee beans
Los Angeles, California
incorporated
San Francisco
chairman
direct store delivery
Sara Lee
Dean Foods Company

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