Stocks look good for Flowers investors - WALB.com, South Georgia News, Weather, Sports

Stocks look good for Flowers investors

June 1, 2007

Thomasville--  If you've ever been to downtown Thomasville, you know one of the identifying features is the smell of fresh bread baking.   That major corporation that calls Thomasville home, Flowers Foods, is continuing to grow.  

Flowers bakery has been a constant in Thomasville since its start in 1919, but a lot has changed.  In the '60s the company went public, from there it has skyrocketed.  "Our company has grown from 30 million in the 60s to 2 billion in sales today," says Marta Jones Turner, Senior VP of Corporate Relations for Flowers.

At today's meeting, the C.E.O proudly announced their shareholders are getting a three for two split of the company's stock and a 50% stock dividend.

While they've continued to grow across the country, their roots are here.  "We have about 14,000 employees and associates company-wide, about 500 are here in Thomas County. Our corporate offices are here, the original bakery is here," says Turner.

It's the largest manufacturing employer in Thomasville, but their impact goes beyond the jobs they bring.  Thomasville Chamber of Commerce President Don Sims comments, "we're one of the few rural communities that's seeing major areas in the downtown areas in investment and Flowers has been a major part of that."

Recently Flowers was named by Forbes as one of the best managed companies in the country.  Sims adds, "flowers has been able to have a continuity of leadership that's unparalleled."  In fact, they've had only five C.E.O's in the history of the company.

While the management stays constant, the company does its best to keep up with the times.  "Our bakeries today are models of efficiency using computers throughout," says Turner.

And as they continue to succeed, their hometown will keep reaping the benefits.  "We are most appreciative too as shareholders of the $5 million plus that flows back into this community as part of profits of a very well run business," says Sims. 

 

Feedback: news@walb.com?subject=FlowersShareholders/sb

 

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Americus Police to hold first-ever "Coffee with a Cop" on fallen officer's birthday

    Americus Police to hold first-ever "Coffee with a Cop" on fallen officer's birthday

    Wednesday, March 29 2017 5:37 PM EDT2017-03-29 21:37:23 GMT
    (Source: WALB)(Source: WALB)

    Americus Police officers will honor their fallen brother in blue on his birthday this year. April 5 will be Officer Nick Smarr's birthday. Smarr was shot and killed in the line of duty on December 7, 2016.

    More >>

    Americus Police officers will honor their fallen brother in blue on his birthday this year. April 5 will be Officer Nick Smarr's birthday. Smarr was shot and killed in the line of duty on December 7, 2016.

    More >>
  • Deputies recover hundreds of stolen items

    Deputies recover hundreds of stolen items

    Wednesday, March 29 2017 5:08 PM EDT2017-03-29 21:08:45 GMT
    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. (Source: WALB)Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. (Source: WALB)

    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. According to the Lowndes County Sheriff's Office, Richard Kent II barricaded himself inside his home Tuesday night off highway 41.  http://www.walb.com/story/35017452/man-arrested-after-barricading-himself-in-lowndes-co-home Once deputies were able to get in the home they found rifles, pistols, electronics, and many other items.  Sheriff Ashley Paulk says he ...

    More >>

    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. According to the Lowndes County Sheriff's Office, Richard Kent II barricaded himself inside his home Tuesday night off highway 41.  http://www.walb.com/story/35017452/man-arrested-after-barricading-himself-in-lowndes-co-home Once deputies were able to get in the home they found rifles, pistols, electronics, and many other items.  Sheriff Ashley Paulk says he ...

    More >>
  • Armed robbers on the loose

    Armed robbers on the loose

    Wednesday, March 29 2017 3:45 PM EDT2017-03-29 19:45:09 GMT
    (AP graphic)(AP graphic)

    A woman told police two men approached her in the 700 block of East Broad Avenue, around 3:30 Tuesday morning.

    More >>

    A woman told police two men approached her in the 700 block of East Broad Avenue, around 3:30 Tuesday morning.

    More >>
Powered by Frankly