Jif (peanut butter) in the context of "Peanut butter"

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⭐ Core Definition: Jif (peanut butter)

Jif (sometimes printed as JIF, styled as JiF) is an American brand of peanut butter made by The J.M. Smucker Company. It was first created as "Big Top" by William T. Young in 1946, then purchased by Procter & Gamble (P&G) in 1955 and renamed to "Jif". J.M. Smucker later purchased the brand from P&G in 2002. Its products are produced at a facility in Lexington, Kentucky, which is the largest peanut butter production facility in the world.

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Jif (peanut butter) in the context of The J.M. Smucker Company

The J.M. Smucker Company, also known as Smucker's, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.

Among J.M. Smucker's other food and coffee brands are Bick's Pickle, Café Bustelo, Carnation Milk (Canada), Crosse & Blackwell, Dunkin', Five Roses (Canada), Folgers, Golden Temple (Canada), Jif, Knott's Berry Farm, Laura Scudder's, Robin Hood (Canada), Santa Cruz Organic, and Smucker's Uncrustables. Pet food brands include Meow Mix and Milk-Bone, among others. In 2023, Smuckers acquired Hostess Brands, the makers of Twinkies, in a $5.6 billion cash and stock deal. Listed on the New York Stock Exchange (ticker symbol: SJM), J.M. Smucker ranks 426th on the Fortune 500, with an estimated 2022 market value of $14.6 billion.

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