You might say this company helps make the Golden Arches shine. Golden State Foods is a leading US foodservice company that is a primary supplier for McDonald's restaurants with products including beef patties, Big Mac sauce (which it helped formulate), buns, ketchup, and mayonnaise. It distributes goods to more than 20,000 quick-service eateries from nearly 30 distribution centers. In addition, the company runs the GSF Foundation, a not-for-profit organization that supports local charities focused on helping needy children and families. Founded in 1947 by the late William Moore, Golden State Foods is controlled by Wetterau Associates, an investment group led by the company's chairman and CEO Mark Wetterau.
As part of its partnership with burger behemoth McDonald's, Golden State Foods works closely with the fast-food giant to maintain standards. The company is the largest supplier of liquid products (condiments, sauces, dressings, syrups, jams, jellies, and toppings) to McDonald's and is one of its largest beef suppliers (of hamburger patties) in the US alongside rival Martin-Brower. While the Golden Arches is the company's main customer, Golden State Foods has diversified its customer base in recent years and now supplies other large fast-food chains, including Arby's, Burger King, Papa John's, Subway, Starbucks, Denny's, and YUM! Brands' restaurants KFC, Taco Bell, and Pizza Hut.
The company's liquid products division produces more than 17 million cases of condiments, sauces, dressings, and other products. Golden State Foods supports this part of its business through three food processing plants located in the US states of California and Georgia and in Cairo, Egypt. In addition to foodstuffs, the company also supplies its customers with access to raw materials and logistics, bulk-liquid management, and other on-site services through its subsidiary, Golden State Service Industries.
Golden State Foods has a joint venture with Salinas, California-based grower Taylor Fresh Foods, through which it supplies McDonald's with fresh produce. Taylor is the largest supplier of fresh produce to the fast-food industry in the US; the company employs an integrated production system that begins with seed selection and ends with the delivery of finished products. Through a joint venture with Bryan, Texas-based Mid South Bakery, Golden State Foods also provides bakery goods to customers in the southeast.
Internationally, Golden State Foods exports products to more than 50 countries and has facilities in Egypt for bakery and liquid products and in Australia and New Zealand for produce. As a service to overseas customers, its food products can be adjusted to national and local tastes and traditions.
Golden State Foods and McDonald's have enjoyed a long relationship that began in the 1950s and was later sealed with a handshake between Moore and fast-food pioneer Ray Kroc in the 1960s. As an indication of McDonald's loyalty to its suppliers, Golden State Foods and McDonald's continue to do business without the benefit of a long-term contract. – less