Flavored for Global Growth

2012 Annual Report

We are committed to making food taste great. Around the globe, home cooks and professional chefs alike turn to McCormick for flavor and culinary inspiration. We have substantial and sustained investment in the science and art of flavor.

We are committed to making food taste great. Around the globe, home cooks and professional chefs alike turn to McCormick for flavor and culinary inspiration. We have substantial and sustained investment in the science and art of flavor.
There is something inspiring about working at McCormick. Employee engagement and a high performance culture are rooted in an environment of respect, recognition, inclusion and collaboration. In addition, since the founding of the company, we have had a commitment to give back to the communities in which we operate.
Our unrivaled focus on quality sets us apart. We are leaders in global sourcing and have years of experience impacting local growing practices to ensure the high quality of spices, herbs and other crops. These world-class standards extend throughout our global supply chain and across all of our internal processes.
Our high quality products not only make food taste better, they often make food better for you. Whether funding research on the potential health benefits of herbs and spices or developing reduced-sodium and gluten-free products, we continue to explore new ways to provide healthy eating choices.
We are committed to achieving a superior level of performance in everything we do. This is especially true in the financial realm where we have achieved compound annual growth rates of 9% for earnings per share and 10% for cash flow from operations during the past decade.

McCormick is a global leader in flavor

With $4 billion in annual sales, we manufacture, market and distribute spices, seasonings, recipe mixes, condiments and other flavorful products to the entire food industry. Our consumer business serves retail outlets, including modern grocery stores, discount retailers and many of the traditional markets found in emerging markets. Our industrial business supplies the flavor for the iconic brands of many multi-national food manufacturers and foodservice businesses.

Every day, no matter where or what you eat, you can enjoy food flavored by McCormick.

Our Shared Values

24 COUNTRIES

We supply our customers from nearly 50 locations in 24 countries.

We supply our customers from 5X locations in 24 countries around the world.

PASSION POINTS

9,500 Employees

Employees around the world are united by their passion for flavor and our shared values.

10%/90%

McCormick products are often just 10% of the cost of a meal, but 90% of the flavor.

27 Years

We have increased our dividend in each of the past 27 years and paid dividends every year since 1925.

Level 3

McCormick is among an elite group of companies to achieve a Safe Quality Food Level 3 Certified Supplier rating in a number of U.S. facilities. We achieve similar standards in many international markets.

>30%

Globally, more than 30% of the 2012 development projects for industrial customers had a focus on health and wellness—an area of increased importance for McCormick and its customers.

34%

Since 2009, on a per unit basis, we have reduced solid waste 34%. During this same period, we reduced electricity 8%, water usage 5% and greenhouse gas emissions 3%.



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