Find companies:

Golden Flake

Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
5 reviews

About Golden Flake

Snackers and nibblers with a taste for the South seek Golden Enterprises. Operating through subsidiary Golden Flake Snack Foods, the company makes and distributes a slew of barbecue and other Southern flavored-varieties of potato chips, fried pork skins, corn chips, onion rings, and baked and fried cheese curls, to name a few. It also markets peanut – more... butter, canned dips, dried meat snacks, pretzels, and nuts packed by other manufacturers under the Golden Flake brand. The Golden Flake lineup is sold through the company's sales force to commercial enterprises that sell food products across the Southeastern US, as well as through independent distributors. The company was founded in 1946 as Magic City Food Products.

Golden Enterprises' operations consist of a main production plant located at its headquarters in Birmingham, Alabama, and a smaller production plant in Ocala, Florida. Products are distributed via the company's own fleet of trucks, as well as by independent distributors across 10 states in the Southeast.

Golden Enterprises divides its business between manufactured products, which account for more than three quarters of consolidated sales, and resale products, with generate remaining sales. No single product represents more than 50% of the company's sales.

In fiscal 2012 (ends May) Golden Enterprises marked a second year earnings' slide. Following a 28% year-over-year fall in earnings in 2011, the company reported more than a 26% decline in 2012 atop a 4% rise in sales, which have held a relatively flat trend, over the prior year. Results reflect slowed demand driven by changing consumer tastes and heath considerations coupled with volatile raw material costs, and higher selling, general, and administrative expenses related to a highly competitive market.

Golden Enterprises competes with industry snack-food giants Frito-Lay, General Mills, Kellogg, Snyder's-Lance, J & J Snack, and Pringle-maker Procter & Gamble. Nonetheless, Golden Enterprises aims to distinguish itself by highlighting its southern ties through college football team sponsorships (including the University of Alabama's Crimson Tide). Moreover, the company continues to expand its portfolio of regional offerings, adding Mrs. B's Southern Style Potato Chips, for example. Catering to the growing Hispanic population, the company has also introduced snacks such as Salsa Verde Tortilla Chips.

The family of the late Sloan Y. Bashinsky, former president, CEO, and chairman, controls about 55% of the company. – less

Golden Flake Employer Reviews

Warehouse Worker (Former Employee), Birmingham, ALFebruary 3, 2014
route sales (Former Employee), birminghamJanuary 31, 2013
Route salesman (Former Employee), Americus GaNovember 16, 2012
Route Sales Representative (Former Employee), Valdosta, GaOctober 18, 2012
File and add routman's sales tickets (Former Employee), Birmingham, ALOctober 3, 2012

Working at Golden Flake

  • What do you think - will Golden Flake grow fast? Are they expanding their staff? How does Golden Flake stack up against the competition?
  • What are the average starting salaries, bonuses, benefits and travel requirements like at Golden Flake? What do you like best about working at Golden Flake? Are there any...
  • Do you work at Golden Flake? How did you find the job? How did you get that first interview? Any advice for someone trying to get in?
  • It's always hard to know what to expect when going in for that interview -- and preparation can make all the difference. What is the interview process like at Golden Flake...
  • Every business has its own style. What is the office environment and culture like at Golden Flake? Are people dressed in business casual, jeans and t-shirts, or full-on s...