Folgers going solo in Sherman

By: Daniel Gotera Email
By: Daniel Gotera Email

SHERMAN, Tex. -- After 45 years together, Proctor & Gamble and Folgers have announced they will be parting ways. Officials at Proctor & Gamble have announced plans to create a stand-alone Folgers Coffee Company, which could mean big things for the plant here in North Texas. Daniel Gotera has more.

Folgers Coffee has been around since 1872, but since 1963 it has been owned by Proctor & Gamble. Now officials with both groups say starting at the end of this year that will no longer be the case, but one thing that will stay the same is the number of employees at the plant.

All Proctor & Gamble coffee personnel, brands, and facilities will now become part of the Folgers Coffee Company. It’s what officials are calling a new stand-alone publicly held company.

Officials with Proctor & Gamble say coffee did not fit the company's plan for the future, and the transition to a stand alone company will let Folgers focus on what they do best-- compete in the rapidly competitive coffee industry.

There are 100 employees at the Sherman plant, and area managers stress that none of them will lose their jobs and are very excited about the transition, which they say has big possibilities for the new company and the area.

The specifics of the transition have not been worked out, and whether or not the move will be considered a spin-off or split-off will be decided by this spring, but plant management did meet with employees Thursday morning and made sure to tell them no one will lose their job.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Anonymous on Mar 4, 2008 at 06:56 AM
    It's spelled "Procter."
  • by Anonymous on Feb 5, 2008 at 08:47 AM
    HEY LYNN,do you think sex can give you cancer
  • by Anonymous on Feb 2, 2008 at 08:14 AM
    also, the truck stop was for comparison reasons, the point is that if you are so scared of pollution coming from factories then why did you move into the industrial side of town. I an not stereotyping, but when the city touts that side of town a industrial park, then you know all the circumstances that go with it. ALL factories emit emissions and some are worse than others. so with that being said, you knew the risk when you moved in!
  • by Anonymous on Feb 2, 2008 at 07:56 AM
    you are actually probably getting a jail in your backyard, they are going to put it at highway 11 and ida road, what are you going to do now?
  • by hilary Location: north texas on Feb 1, 2008 at 07:18 PM
    what does this have to do with a truck stop. there you go again bashing the american truck driver. get off them. if you don't like truck drivers and truck stops then strip off your clothes, stop eating and drinking coffee because a trucker brought it to you. if you don't like living in sherman then move i would rather have a truck stop in my back yard that a prison. think about it dummys
  • by Anonymous Location: Sherman on Feb 1, 2008 at 05:40 PM
    Very well put Anonymous this Lynn just wants to cause trouble get a life and like I said earlier if you don't like it there then MOVE!!!!
  • by Anonymous on Feb 1, 2008 at 04:25 PM
    you knew the sewer plant was there, and you knew folgers was there, and you knew the truck stop was there when you moved in, so what are you complaining about? i would be more scared of the truck stop or the hotels that are there, but I'm not scared. you shouldn't be either, unless your like 12 or something. also, i bet that if was pollution, the epa would be the first ones to tell us! and how do you pollute coffee? just curios!
  • by Jean Location: Sherman on Feb 1, 2008 at 11:30 AM
    It can smell at times but nothing compared to some other plants. It is a very small price to pay for 100 plus employees to have jobs and with the economy the way it is,the City of Sherman and those 100 employees are fortunate they didn't decide to shut it down.
  • by The Last Drop Location: Texoma on Feb 1, 2008 at 10:33 AM
    If you live in Constitution Village, it's not the coffee plant you're smellin'...
  • by Lynn Location: Constitution Village on Feb 1, 2008 at 06:56 AM
    Hey anonymous: You don't get cancer by smelling coffee, it's from the pollution from the plant!!!!! DuH-
  • Page:
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 15074821 - kxii.com/a?a=15074821
Gray Television, Inc.