Jays Foods
Jays Foods, Inc.Jays Foods, Inc. is a manufacturer of snack products including potato chips, popcorn and pretzels. Jays Foods was founded in 1927 in Chicago, Illinois and is currently a subsidiary of Snyder's of Hanover. Operating in several Midwestern states, Jays Foods' potato chips and popcorn maintain significant shares of their respective markets. Jays Foods filed for bankruptcy in October, 2007, and permanently closed its Chicago manufacturing plant on December 5, 2007.
Leonard Japp, Sr. began selling pretzels from a truck in 1927. The business grew to feature a potato chip recipe made by Japp’s wife, Eugenia. After the Wall Street Crash of 1929, Japp found a new business partner and began selling the chips under the brand name “Mrs. Japp’s Potato Chipsâ€. The 1941 Attack on Pearl Harbor and the subsequent anti-Japanese sentiment, however, led to a negative connotation towards the word “Jap†in the United States. The chips were consequently rebranded to “Jays Potato Chips†to avoid the sound-alike name, and the company became Jays Foods, Inc.
Jays Foods remained a family-owned company until 1986, when the company was sold to Borden, Inc. In 1994, Jays Foods was re-acquired by the Japp Family. In 2004, Jays Foods was purchased by Willis Stein & Partners, a Chicago private-equity firm, and, together with another snack company acquired by Willis Stein & Partners, Lincoln Snacks Company, assigned a parent company, Ubiquity Brands.
Jays Foods filed Chapter 11 bankruptcy on October 11, 2007, the second time in four years, and permanently closed its Chicago manufacturing plant on December 5, 2007. On December 5, 2007 the remaining assets of Jay's were acquired by Snyder's-Lance, Inc. who have said they will continue to manufacture and distribute Jays products throughout the Midwest. Snyder's-Lance will continue to operate Jays Chicago warehouse and distribution center and its Jeffersonville, Indiana manufacturing facility.
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