Press Release
For: Immediate Release
Contact: Lynn Gordon, 440.248.8484 ext. 229
Re: King Nut EVP awarded Crain’s Top 40 under 40
( Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, announces that Matthew Kanan, Executive Vice President of Sales and Marketing, has been awarded one of the top 40 executives under the age of 40 in the city of Cleveland by Crain’s Business Magazine.
King Nut CEO Martin Kanan said “Matt is very deserving of this prestigious award and I give credit to him on achieving the success he has generated for our company and in his personal life. Matt has been a huge factor to the success of our company.
Matt started with King Nut in 1991 as a regional sales manager and has held several positions in sales and marketing with King Nut since his current position as executive vice president of sales and marketing in 2003.
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Matthew Kanan, 440.248.8484 ext. 233
Date: October 10, 2008
Re: King Nut Companies awarded Superior Score by AIB
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, was awarded “Superior” by the American Institute of Baking during their annual plant audit. Superior is the highest rating a food/baking company can achieve with regard to quality.
King Nut Vice President of Manufacturing and Plant Operations James DeDario and King Nut Vice President of Quality Assurance and Product Development Deb Smith were on hand to review the results and accept the award. King Nut CEO Martin Kanan said “I give credit to each and every one of our employees for their dedicated efforts in achieving this very prestigious rating."
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, Ohio, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
FOR IMMEDIATE RELEASE
CONTACT: Emily E. Panza 440-821-4542
King Nut Companies Announce New Location for Flagship Peterson Nut Store
Peterson Nut Company to Move Back to Original Location by Progressive Field
Cleveland, OH, September 1, 2008 – Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, today announced the historic Peterson Nut Company store in downtown Cleveland will move back to its original location, on the corner of E 9th and Carnegie, across from Progressive Field. The new store will open for business on September 8, 2008, with the grand re-opening scheduled for September 15, 2008.
The new Peterson Nut Company location is 3,700 square feet, affording Peterson the opportunity to sell all of the traditional favorites Clevelanders have grown to love, while also providing enough space to introduce new products and services. Specifically, the store will carry Peterson’s brand new gourmet coffee and espresso line. Customers will be able to purchase Peterson’s coffee and espresso ground and packaged, as well as hot and ready to drink. The addition of new Peterson Nut Company product lines, like the coffee and espresso line, are intended to generate excitement and better serve Peterson’s customers.
“We are thrilled to be back to the original location Peterson’s has called home since 1934,” said Martin Kanan, President and CEO of Kanan Enterprises. “With the extraordinary assistance of the Cleveland Historical Society, we have the opportunity to continue to serve the people of Northeast Ohio with premiere products, for all occasions and budgets. We are committed to the city of Cleveland, and we believe the new, expanded location will further our commitment and foster opportunities for growth for both Peterson Nut and downtown Cleveland.”
King Nut has invested substantially in the new Peterson Nut location. The store will feature a new peanut sign that is both significant in size and uniqueness. Although the iconic peanuts Clevelanders have grown to love are no longer visible on the side of the building, remnants of the locally famous artwork will be on the front of the new location. Additionally, the store has installed all new equipment, to better serve Peterson’s customers. Furthermore, Peterson’s well-known gift basket line will expand to include new concepts and creations for all occasions and price points.
King Nut, founded in 1937, and Peterson Nut, founded in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels, and candy to the airline, retail, vending, food service, gift, and private label industries.
Press Release
For: Immediate Release
Contact: Lynn Gordon 440.248.8484 ext. 229
Re: Kanan Enterprises Announce Key Executive Promotions
Solon, Ohio, December 19, 2006 -- Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, today announced the promotion of Joseph A. Valenza to Senior Vice President Finance and Administration, James F. DeDario to Vice President Manufacturing and Plant Operations, Debra A. Smith to Vice President Quality Assurance and Product Development, and Somitter Singh, Director of Research and Development.
“I am very pleased to announce the promotions of this distinguished group of Kanan executives,” said Martin Kanan, President and CEO of Kanan Enterprises. “Their hard work, dedication, and, accomplishments are a true hallmark of Kanan’s superior talent.”
Mr. Valenza has been with the company since 1993, serving as Vice President and Corporate Controller and Assistant Controller, as well as holding several positions in accounting, purchasing, and customer service. In his new role as Senior Vice President Finance and Administration, Joe will oversee the administration of finance, accounting, purchasing, human resources, information technology and customer service. He holds a BS is Accounting from Western Michigan University, and is a certified CPA.
Mr. DeDario has been with the company since 2001, serving as the Director of Manufacturing and Plant Operations. In his new role as Vice President of Manufacturing and Plant Operations, James will oversee all plants and their manufacturing operations. He is responsible for all personnel involved in production, maintenance, warehousing, manufacturing and engineering. He holds a Technical Engineering degree from NCTI.
Ms. Smith has been with the company since 2001, serving as Director of Quality Assurance and Product Development, as well as Manager, Quality Assurance. In her new role as Vice President of Quality Assurance and Product Development, Deb is responsible for the company’s quality assurance, HACCP programs, research and development, policies and procedures and sanitation. She has extensive training in HACCP, SPC, and AIB.
Mr. Singh has been with Peterson Nut Company since 1976, serving in a variety of roles including Senior Manager, Research and Development and Manager, Quality Assurance. In his new role as Director of Research and Development, Somitter is responsible for all new product development and the research involved in making Kanan’s current products continuously improved. He has a BS in Food Preservation from Punjab Agriculture University.
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Matthew Kanan, 440.248.8484 ext. 233
Date: July 17, 2006
Re: King Nut Companies approved for $3.4 Million Industrial Revenue Bond for Acquisition of New Building
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, was recently approved for a $3.4 million Industrial Revenue Bond that will finance the purchase of an 86,000 square foot building located at 6401 Davis Industrial Parkway.
King Nut Chairman Michael Kanan was recently quoted in "Crain’s Cleveland Business" stating that "the extra capacity in building space will allow our company to meet its current demands while having the capacity to continue with our growth plan." King Nut CEO Martin Kanan said the building will be known as Plant #2 and is located right across the street from our headquarters and main manufacturing facility. The location was key to our decision and the building was perfect for our needs.
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operates together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Matthew Kanan, 440.248.8484 ext. 233
Date: May 12, 2006
Re: King Nut Companies awarded Superior Score by AIB
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, was awarded “Superior” by the American Institute of Baking during their annual plant audit. Superior is the highest rating a food/baking company can achieve with regard to quality.
King Nut Director of Manufacturing and Plant Operations James DeDario and King Nut Director of Corporate Quality Assurance Deb Smith were on hand to review the results and accept the award. King Nut CEO Martin Kanan said “I give credit to each and every one of our employees for their dedicated efforts in achieving this very prestigious rating.”
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Lynn Gordon, 440.248.8484 ext. 229
Date: November 17, 2004
Re: King Nut Companies wins Solon’s Business of the Year.
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, was awarded the “Business of the Year” award by the Solon Chamber of Commerce. Cited as one of the fastest growing Solon companies, King Nut has increased employee count and revenues continuously over the past 10 years.
King Nut CEO Martin Kanan was on hand to accept the award and thanked the chamber and the audience by saying he was proud to put the words Solon, Ohio on ½ billion packages every year throughout the world.
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Lynn Gordon, 440.248.8484 ext. 229
Date: December 26, 2003
Re: King Nut Companies announces New Vice Presidents
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, has announced the promotion of Matthew Kanan, 34, to Executive Vice President Sales and Marketing and Joseph Valenza , 34, to Vice President and Corporate Controller. Kanan and Valenza have been with the company 14 and 10 years respectively.
Kanan joined King Nut in 1989 as a part time employee during the summers while attending college at Western Michigan University where he obtained his bachelor degree in Marketing. He moved up through the ranks as a regional sales manager to his last role as director of national sales and marketing. In his new role he remains as leader of the sales and marketing group, but also takes on the number two role in operating the company.
Valenza, a graduate in accounting from Western Michigan University, joined King Nut in 1993 and learned the complete operations of the company starting in customer service and moving up through the ranks in his last role as controller. In his new role he will oversee all finance, administration, information technology, purchasing and customer service.
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.
Press Release
For: Immediate Release
Contact: Lynn Gordon, 440.248.8484 ext. 229
Date: October 25, 2003
Re: King Nut Companies announces New President & CEO
(Solon, Ohio) Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, has announced the promotion of Martin Kanan, 39, to President and Chief Executive Officer effective October 25, 2003. Michael Kanan will remain as Chairman of the Board of Directors.
Martin Kanan joined King Nut in 1991 as its National Sales Manager and has since served the company in several key roles. These include Vice President of Sales and Marketing and most recently as Executive Vice President and Chief Operating Officer. Chairman Michael Kanan and the board of Directors said, “We are very pleased with our decision to promote Marty and are enthusiastic about his continuing leadership role. Marty has been a key factor in the company’s growth, especially in the airline industry.”
King Nut founded in 1937 and Peterson Nut in 1927, both in Cleveland, operate together as the King Nut Companies. Headquartered in Solon, King Nut Companies is a leading national supplier of snack nuts, fruit mixes, snack mixes, soy mixes, pretzels and candy to the airline, retail, vending, food service, gift and private label industries.