King Nut Companies—Information for the Public       12/2006

Ownership: 100% owned by Kanan Enterprises; Chairman-- Michael Kanan, President and CEO—Martin Kanan

Employees: Approximately 200

Annual Sales/Revenues:  Kanan Enterprises is a privately held company and does not disclose sales figures. 

Production: 3 shifts; approximately 500 million annual packages produced.

Union: Plant Employees are all members of the Teamsters Union.

Headquarters:  Solon, OH.  Headquarters, manufacturing and main warehousing 200,000 square feet spread throughout 2 adjacent buildings.  Additional manufacturing and warehousing throughout the city of Solon and Cleveland.  Factory outlet stores in Cleveland and Solon. 

Products:  Peanuts, Nuts, Dried Fruits, Soy, Snack Mixes, Granola, Pretzels, and Candies.

Brands:  King’s Delicious, Peterson’s and Summer Harvest Brands and numerous private label products.

Supplies for: Airlines, Supermarkets, Warehouse Clubs, Sports Stadiums, Corporate Gifts, Convenience Stores, Ice Cream Toppings, Food Ingredients, Vending, Food Service and various other Retailers. 

Airlines Customers: American, United, Delta, Continental, Southwest, Northwest, US Airways, Alaska, plus many other regional and international carriers.

Officers:
Michael Kanan—Chairman, Board of Directors
Martin Kanan—President and Chief Executive Officer
Matthew Kanan— Executive Vice President Sales and Marketing
Joseph Valenza— Senior Vice President Finance and Administration
James DeDario—Vice President Manufacturing and Plant Operations
Debra Smith—Vice President Quality Assurance and Product Development

All other questions should be forwarded to:

Matthew Kanan
Executive Vice President
Sales and Marketing
440.248.8484 x.233
mrkanan@kingnut.com