2010 Annual Report

Fellow Shareholders

The passion for flavor that each McCormick employee brings to the business is driving our success.

Alan D. Wilson Chairman, President & CEO

Bringing Passion to Flavor

All around the world there is a growing interest in flavor. In the 1950s, the average U.S. household pantry had 10 spices, herbs, extracts, and seasonings. Today, it has about 40. Consumers are also interested in eating well, and our products can be a great way to add taste naturally without salt or high calories. With our leading brands, we have a strong connection to flavor with consumers. And our industrial customers turn to McCormick to deliver innovative flavors that drive their sales.

We have an enviable reputation for quality and safety in the food industry. As consumers remain under economic pressure in many markets, we are also emphasizing the value of our brands to consumers.

But people ultimately want to eat what tastes good. That’s what we are all about, and that is why we perform well in a challenging economy.

New products launched in the past 3 years added 9% to sales in 2010. Our latest introductions include Recipe Inspirations® World Flavors in the U.S., Perfect Shake® in the U.K. and Thai Chili Sauce in China.

Vision

McCormick will be the leading global supplier of value-added flavor solutions. Building on strong brands and innovative products, we will be the recognized leader in providing superior quality, value and service to customers and consumers around the world.


This is an interactive electronic version of McCormick & Company 2010 Annual Report to Shareowners, and it is intended to be complete and accurate. The contents of this version are qualified in their entirety by reference to the printed version. A reproduction of the printed version is available in PDF format on this web site.

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