MIDD Stock Discussion

The Middleby Corporation Description

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice and food processing equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company's Commercial Foodservice Equipment group offers cooking and warming equipment for quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. It provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; and ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroliers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, and beverage equipment. This segment markets its products under the Anets, Beech, Blodgett, Blodgett Combi, Blodgett Range, Bloomfield, Britannia, CTX, Carter-Hoffmann, CookTek, Doyon, Frifri, Giga, Holman, Houno, IMC, Jade, Lang, Lincat, MagiKitch'n, Middleby Marshall, MPC, Nieco, Nu-Vu, PerfectFry, Pitco Frialator, Southbend, Star, Toastmaster, TurboChef, and Wells brands. The company's Food Processing Equipment group offers food processing solutions for customers producing pre-cooked meat products. It offers batch, baking, proofing, conveyor, and continuous processing ovens; frying systems and automated thermal processing systems; grinders, slicers, emulsifiers, mixers, blenders, battering and breading equipment, food presses, and forming equipment; and various food safety, food handling, freezing, and packaging equipment. This segment markets its products under the Alkar, Armor Inox, Auto-Bake, Baker Thermal Solutions, Cozzini, Danfotech, Drake, Maurer-Atmos, MP Equipment, RapidPak, and Stewart Systems brands. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.

Sector: Industrials
Industry: Diversified Industrials
Keywords: Retail Outlets Cooking Home Appliances Food Processing Food Safety Mixer Baking Ovens Countertop Meat Products Cooking Appliances Elgin Cooking And Warming Equipment Food Handling Food Processing Equipment Food Processing Solutions Foodservice Equipment Thermal Processing Systems