Sweetheart Cup Company was a North American company that made paper cups, plastic cups and related products. In 2004, Sweetheart was acquired by the Solo Cup Company, which itself was acquired by Dart Container on May 4, 2012. [2]
Sweetheart Cup Company was a North American company that made paper cups, plastic cups and related products. In 2004, Sweetheart was acquired by the Solo Cup Company, which itself was acquired by Dart Container on May 4, 2012. [2]
1911: Predecessor to Maryland Cup founded in Boston by Joseph Shapiro and his three brothers. The company sells ice cream, then expands to baked ice cream cones. The headquarters move to Baltimore.
1932–1936: Company diversifies, making matches and straws. Sweetheart, the name used on products, is inspired by picture of two children using straws to drink a milkshake from the same glass.
1947: Company executives vote, 14-to-1, against entering the cup business. But Joseph Shapiro votes yes - and the cup business is born.
1961: Maryland Cup goes public, consolidating 32 companies controlled by Shapiro family members.
1968: Joseph Shapiro dies.
1983: Maryland Cup bought by Fort Howard Paper Company, a Wisconsin-based paper manufacturer. At the time, Maryland Cup has 33 plants, more than 10,000 employees and a net worth of $250 million.
1983–1985: Fort Howard boosts capital spending in cup business, while cutting costs through layoffs.
1986: Customer service deteriorates and cup sales start to slide. Fort Howard acquires Lily-Tulip, cup-maker with net worth of $108 million.
1988: Fort Howard itself acquired in leveraged buyout by Morgan Stanley for $3.9 billion.
1989: Fort Howard spins off cup business as Sweetheart Holdings. Business has 15 U.S. factories and more than 8,000 employees.
1991: Sweetheart turns a profit on operations, but saddled by debt, net worth falls to −$95 million. [3]
1992: Sweetheart introduces its Jazz disposable cups, which would become the company's top-grossing stock design as of 2002. [4]
2004: Sweetheart is purchased by Solo Cup Company. [4]
The J.M. Smucker Company, also known as Smuckers, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.
Good Humor is a Good Humor-Breyers brand of ice cream started with Harry Burt in Youngstown, Ohio, US, in the early 1920s with the Good Humor bar, a chocolate-coated ice cream bar on a stick sold from ice cream trucks and retail outlets. It was a fixture in American popular culture in the 1950s when the company operated up to 2,000 "sales cars".
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The Anthora is a design for a disposable paper cup for coffee that has become iconic of New York City daily life.
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Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, Marriott Corporation opened its first hotel in Arlington County, Virginia, United States as the Twin Bridges Motor Hotel.
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Solo Cup Company is an American manufacturer of disposable consumer products including beverage cups, disposable plates, and bowls. Solo Cup Company is located in Lake Forest, Illinois, and in 2006 had sales of $2.4 billion. On May 4, 2012, Solo Cup Company was acquired by Dart Container.
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Jazz is a trademarked design that is featured on disposable cups. The design was introduced in 1992, and is considered an icon of 1990s culture. Jazz has also become a meme and has gained a cult following. Fans have applied the design to various objects, including automobiles, shirts, and shoes. Cups with the Jazz design were initially manufactured by Sweetheart Cup Company, which was later purchased by Solo Cup Company in 2004. Solo continued production of the disposable cups, and the Jazz design would subsequently become known unofficially as Solo Jazz.
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