Wm. Wrigley Jr. Company

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William Wrigley Jr. Company
Type Public (NYSE: WWY)
Founded Chicago, Illinois, USA in 1891
Headquarters 410 North Michigan Avenue Chicago, Illinois, USA
Key people William Wrigley, Jr., Chairman
William Perez, CEO
Industry Food processing
Products Juicy Fruit, Wrigley's Spearmint, Doublemint, more...
Revenue $3.649 billion USD (2004)
Employees 14,800
Website wrigley.com

The William Wrigley Jr. Company (NYSEWWY) was founded on April 1, 1891 originally selling products such as soap and baking powder. In 1892, William Wrigley, Jr., the company's founder, began offering chewing gum with each can of baking powder. The chewing gum eventually became more popular than the baking powder itself and Wrigley's reoriented the company to produce the popular chewing gum.

The corporate headquarters, the Wrigley Building is a well-known landmark on the Magnificent Mile in Chicago, Illinois, United States.

The company currently sells its products in more than 180 countries and maintains 14 factories in various countries, including the United States, Serbia, Mexico, Australia, the United Kingdom, Canada, Spain, New Zealand, the Philippines, France, Kenya, Taiwan, China, India, Poland, Federation of Bosnia and Herzegovina, Russia.

In 2004, Wrigley purchased the Life Savers and Altoids businesses from Kraft Foods for US$1.48 billion. On January 23, 2007 Wrigley signed a purchase agreement to acquire an 80 percent initial interest in A. Korkunov for $300 million with the remaining 20 percent to be acquired over time.

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On October 23, 2006, William D. Perez succeeded Bill Wrigley Jr., who will remain in the post as executive chairman, as CEO of Wm. Wrigley Jr. Company, the world's largest chewing-gum manufacturer. He is the first person outside the Wrigley family to head the 114-year-old company. He will also join Wrigley's board of directors.

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