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Record #:
12040
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Abstract:
Malt-O-Meal, Inc., founded in Minnesota in 1919, makes ten of the nation's fifty best-selling cereals. Their cereals cost less than major brands through cost-cutting techniques, such as packaging in bags instead of boxes. Major grocery chains and small town ones, like Family Dollar and Dollar General, sell the products. In September 2009, Malt-O-Meal opened a 350,000-square-foor factory in Asheboro.