January 28, 1986 |
Campbell Soup announced yesterday the company will spend $37 million in the next three years to modernize its Camden canned food plant to make it more competitive. James Moran, a Campbell spokesman, said the modernization is part of a $1 billion package the company plans during the next several years to upgrade its 75 domestic plants, mushroom farms and bakeries. Campbell Soup Co., which had $2.9 billion in revenue last year, has 90 plants worldwide. Moran said Campbell officials decided to upgrade the Camden plant, the company's oldest, after discussing two other options.
November 14, 1991 |
Campbell Soup Co. yesterday reported its fifth straight quarter of record earnings under David W. Johnson, the aggressive chief executive hired 22 months ago to pull the company out of the doldrums. Earnings for the first quarter of the company's fiscal year rose a healthy 23 percent, despite a 3 percent drop in sales. The company credited productivity gains and the sale of some unprofitable business lines for the earnings growth. Part of the sales decline resulted from the disposition of those businesses.
June 13, 2012 |
The Sears building that has been vacant for years on Admiral Wilson Boulevard in Camden was sold Monday to Campbell Soup Co. for $3.5 million after years of litigation. The former department store will be razed to make room for a 13-acre office park, which Campbell spokesman Anthony Sanzio said would ideally house professional firms and new businesses in the financially struggling city. "It's a win for us, a win for the city, and hopefully a win" for former owner Ilan Zaken, Sanzio said.
September 27, 1991 |
For the second time in four years, Campbell Soup Co. has announced a plan to buy back a substantial amount of its stock. The company's board of directors yesterday voted to repurchase as many as 3 million shares "from time to time. " The repurchase would amount to 2 percent of the company's 125.5 million outstanding shares. Leonard Griehs, director of investor relations for Campbell Soup, said the plan was a means of enhancing the company's stock value. "It's another way of rewarding shareholders," Griehs said.
June 3, 2010
Camden activists desperate to save a former Sears building from destruction are calling for a boycott of Campbell Soup. About a dozen of them, from the group Camden United Inc., gathered Wednesday in the Sears parking lot to urge supporters to stop buying Campbell's soups and other products. Campbell, which wants to develop an office park around its headquarters, says developers are balking at working on the project as long as the 83-year-old Sears building is standing on it. The owner of the building, which has not had any businesses in it for several years, is pushing a plan to turn it into a restaurant-equipment distribution center and culinary school.
April 8, 1998 |
William E. Harwick of Radnor, a retired Campbell Soup Co. executive, died of heart failure Friday at his winter home in Vero Beach, Fla. Mr. Harwick retired from Campbell Soup Co. in Camden in 1983 as vice president of administrative services. He had been with the company for 32 years and previously worked for the Rohm & Haas Co. in Philadelphia. After retiring from Campbell Soup, he served for a number of years as acting administrator of the Corielle Institute in Camden, which raises funds for medical research.
December 4, 1996 |
Philip Walburn Souder, 96, who worked his way up from chemist to president of research and development at Campbell Soup Co. before retiring in 1960, died Monday at his Moorestown home. Born in Lester Manor, Va., and raised in Camden, he completed three years at Camden High School before enlisting in the Army. A World War I veteran, he was assigned to Battery F of the 73d Coast Guard Regiment, which was stationed with railway guns behind the Metz front in France. After the military, Mr. Souder graduated from Millersville State Normal School in Millersville, Pa., in 1920.
July 8, 1997 |
Albert A. Austin, 72, of Haverford, former vice president of Campbell Soup Co., died of an apparent heart attack Saturday at his summer home in Cotuit, Mass. Born in Ireland, Mr. Austin grew up in Milton, Mass., and served in the Navy during World War II. He was a graduate of Yale University and Harvard Business School. For more than 30 years, he was an executive at Container Corp. of America. In 1983, when he was a senior vice president, Mr. Austin left CCA and went to work at Campbell Soup, where he was vice president for containers and capital improvement from 1984 until he retired in 1989.
December 5, 1998 |
Harold A. Shaub, 83, former president and chief executive officer of Campbell Soup Co., died of heart failure Sunday at Bryn Mawr Hospital. He lived in Bryn Mawr and had formerly lived in Gladwyne. In his 38 years at Campbell, Mr. Shaub rose from being a supervisor at the Camden plant to head the company. Under his leadership, Campbell's sales doubled. Mr. Shaub also oversaw the launching of Campbell's Labels for Education program. "Harold was a good man and a dear friend for more than 25 years," Joe Paterno, the football coach at Pennsylvania State University, said yesterday.
December 13, 1996 |
William A. Schmidt, 64, retired vice president of engineering for Campbell Soup Co., died of pancreatic cancer Tuesday at his Moorestown home. Mr. Schmidt, an Army veteran and a graduate of Drexel University, rose through the ranks at Campbell from engineering trainee to corporate vice president. In 1981, the year he earned a master's in business administration from St. Joseph University, Mr. Schmidt was named executive vice president and then president of Pepperidge Farm Inc. Campbell's baked-goods subsidiary.