Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  McCormick & Company, Incorporated    MKC

News SummaryMost relevantAll newsSector newsTweets

MCCORMICK NV NPV : McCormick & Company Announces 2010 Community Service Award Winners

share with twitter share with LinkedIn share with facebook
share via e-mail
04/05/2011 | 06:40pm CEST

Vicente Torres Cruz, a Cost Accountant at McCormick Pesa in Cuautitlan, Mexico, says his life changed dramatically when he was a boy growing up at Internado Infantil Guadalupano, a boarding school and orphanage in Mexico. "They gave me a place to live, education, and instructed me in values. So I grew up with dignity and good habits," Vicente recalled. Since graduating in 2000, those values have stuck with Vicente. Each month he invests an average of 30 hours with the boys and young men at the school. He's a tutor, role model, and advisor helping fellow graduates transition to adult life. In honor of his concern for others, commitment to values and work with Internado Infantil Guadalupano, Vicente Torres Cruz has received the McCormick 2010 Community Service Award.

Left to right: Richard Ayres, William Humphreys, Jorge Canas Minero, Vicente Torres Cruz, Alan Wilso ...

Left to right: Richard Ayres, William Humphreys, Jorge Canas Minero, Vicente Torres Cruz, Alan Wilson, Tina Sherrice Stevens. (Photo: Studio Z)

The award was announced March 30th at McCormick and Company Incorporated's (NYSE:MKC) Annual Shareholders Meeting in Hunt Valley, Md. It includes a $25,000 contribution to Internado Infantil Guadalupano from the company.

The award, established in 2004, recognizes exemplary volunteerism by McCormick employees around the world. Employees are nominated, and an independent panel selects the most deserving. The top winner chosen gets a check for $25,000 to donate to his or her charity of choice. Four runners-up are picked to receive checks for $5,000 for their causes.

Other Community Service Finalists who each earned $5,000 for their charities included:

  • Richard Ayres, of McCormick Canada, who works for Victim Services in London, Ontario
  • William Humphreys, of McCormick Global Ingredients Ltd., who works with Agape Youth Sports Community Service Program in The Caymans.
  • Jorge Alberto Canas Minero, of McCormick de Centro America in El Salvador, who works with Fundacion Salvadorena De Sindrome De Down
  • Tina Sherrice Stevens, of the U.S. Consumer Products Division, who works with the Single Parent Scholarship Fund of Bentonville, Arkansas.

"I know that the financial support [from this award] will offer an opportunity for more generations of children who suffer from neglect, abuse and extreme poverty to achieve their dreams and have a better quality of life," Vicente said. "This school manages to succeed thanks to the economic contributions and in-kind donations from individuals and foundations." The boarding school/orphanage gives boys and young men an education based on values preparing them for professional or technical jobs such as carpentry, maintenance, automotive mechanics, fine arts and electricity.

"Today I can claim that, thanks to all of their support and what the boarding school provided for children in our country, I am a man of goodwill, respectful and committed to the school. I will continue doing everything in my hands to return a little bit of how much I have received from this great institution."

Commending all Service Award Winners, Chairman, President and CEO Alan Wilson said, "'The Power of People' is a core belief that has resonated at McCormick for decades. It speaks to employees who make a difference in the communities where they live. These employees represent the many worldwide who are making a difference in their communities, and these days it's more important than ever."

[Internado Infantil Guadalupano has no web site but you can connect with the school via its Facebook page.]

About McCormick

McCormick & Company, Incorporated (www.mccormickcorporation.com) is a global leader in flavor with the manufacturing, marketing and distribution of spices, seasonings, specialty foods and flavors to the entire food industry - retail outlets, food manufacturers and food service businesses.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6672570&lang=en

McCormick & Company, Incorporated
Corporate Communications:
Lori Robinson, 410-527-6004

© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
08/11 MCCORMICK & CO INC : Entry into a Material Definitive Agreement, Creation of a D..
08/09 MCCORMICK MPANY INCORPORATED : Announces Pricing of Common Stock Non-Voting Offe..
08/07 MCCORMICK MPANY INCORPORATED : Announces Common Stock Non-Voting Offering to Fun..
08/07 MCCORMICK & CO INC : Other Events, Financial Statements and Exhibits (form 8-K)
08/04 MCCORMICK MPANY INCORPORATED : Stocks Under Scanner in the Consumer Goods Space ..
07/21 MCCORMICK & COMPANY, INCORPORATED : Corporate News Blog - McCormick to Acquire R..
07/20DJMCCORMICK MPANY INCORPORATED : Food Deals Promise to Turn Red Hot -- WSJ
07/20 MCCORMICK MPANY INCORPORATED : Reckitt benckiser deal sends shares higher
07/20 MCCORMICK MPANY INCORPORATED : $4 billion deal could spur global growth of Frenc..
07/19 VERTEX PHARMACEUTICALS : Morgan Stanley and Vertex jump while McCormick slides
More news
News from SeekingAlpha
08/15 IMF AUGUST BUYS : The 14 Stocks Added To My Fund
08/11 CONAGRA : With Turnaround Working, Reasonable Value Here
08/10 Blame It On The Millennials - Cramer's Mad Money (8/9/17)
08/09 HERDEZ GETS SPICIER : Raising Price Target On Improving Conditions
08/08 McCormick prices share offering at $90.50
Financials ($)
Sales 2017 4 598 M
EBIT 2017 719 M
Net income 2017 510 M
Debt 2017 1 434 M
Yield 2017 1,88%
P/E ratio 2017 24,29
P/E ratio 2018 22,08
EV / Sales 2017 3,09x
EV / Sales 2018 3,07x
Capitalization 12 774 M
Duration : Period :
McCormick & Company, Incor Technical Analysis Chart | MKC | US5797802064 | 4-Traders
Technical analysis trends MCCORMICK & COMPANY, INCOR
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 12
Average target price 99,5 $
Spread / Average Target 1,5%
EPS Revisions
Lawrence Erik Kurzius Chairman, President & Chief Executive Officer
Michael R. Smith Chief Financial Officer & Executive Vice President
Freeman A. Hrabowski Independent Director
Margaret Mary V. Preston Independent Director
Mike Fitzpatrick Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ11.84%261 281
DANONE11.48%52 839
GENERAL MILLS, INC.-7.22%32 857