Kraft Foods, Inc.

Kraft Foods, Inc. extract from Britannica Online.

U.S. manufacturer and marketer of food products. It grew out of a wholesale cheese delivery business established in Chicago in 1903 by James L. Kraft. Incorporated as J.L. Kraft Bros. & Co. in 1909, it prospered by selling processed cheese to the U.S. Army during World War I. Held by various owners since 1930, Kraft was acquired in 1988 by Philip Morris Cos. (renamed Altria Group, Inc., in 2003), which also purchased Nabisco Holdings in 2000. Nabisco's business was integrated into Kraft's operations.

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