Joy Baking Group is a U.S. company that produces more than 40% of the ice cream cones sold in U.S. stores and more than 60% of the ice cream cones sold in U.S. ice cream shops, including the cones used by Mister Softee, Dairy Queen, and McDonald's.[1][2] It is the largest ice cream cone maker in the world.[3] They bake about 1.5 billion ice cream cones each year.[2] Due to consolidation in the industry since the 1990s, Joy's only large competitor is Keebler Company, which holds about 15% of the market share in retail stores, plus a few small and specialty makers, such as The Konery.[1][3]
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Joy Baking was founded in 1918 by two immigrants from Lebanon.[2][3] The original company name was George and Thomas Cone Company. Founder Albert George's grandson, David George, is the current CEO.[1] Joy Baking employs about 1,000 people.[2] The company is owned by the George family and its employees.[3]
References
edit- ^ a b c Krishna, Priya (2022-05-26). "Many Ice Creams, but One Cone to Rule Them All". The New York Times. ISSN 0362-4331. Retrieved 2022-05-27.
- ^ a b c d Roknick, Michael. "Outlook 2018: Joy Cone reaches a milestone that's been a century in the baking". The Herald. Retrieved 2022-05-27.
- ^ a b c d Leasca, Stacey (2017-07-12). "Without immigrants, the ice cream cone would not exist". Mic.