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4 <br /> 1 Steve Brantley said he is proud to be at the next stage of this process. He introduced <br /> 2 Masao Hoshino, President of Morinaga America in California. <br /> 3 Masao Hoshino gave a brief review of the history of the company. He said the company <br /> 4 was established in Tokyo in 1899 and manufactures confectionary items, ice cream, pancake <br /> 5 mix and other products. He noted that one of the founders of the company visited the United <br /> 6 States in 1898 to sell pottery and was inspired by his taste of western confectionary items. He <br /> 7 said this was the starting point for the company. He said the construction of the facility in <br /> 8 Orange County is a landmark event in the company's history. He introduced the grandson of <br /> 9 the founder. <br /> 10 Masao Hoshino said the company decided to locate in Mebane because of the <br /> 11 remarkable business environment, access to transportation and raw materials, as well as <br /> 12 infrastructure. He noted there are no harmful materials or chemical pollution produced in the <br /> 13 process of making candy. He said the company looks forward to working with 90 or more <br /> 14 people at their plant in the near future. <br /> 15 Masao Hoshina said he sincerely hopes Morinaga will be accepted and recognized as a <br /> 16 contributor to the community for many years to come in Orange County. <br /> 17 <br /> 18 Steve Brantley reviewed the following PowerPoint slides: <br /> 19 <br /> 20 Recruitment of Morinaga America Foods, Inc. to Orange County <br /> 21 October 15, 2013 <br /> 22 Orange County Economic Development <br /> 23 <br /> 24 Morinaga & Co., Ltd. <br /> 25 • Founded in Tokyo, Japan in 1899. <br /> 26 • U. S. subsidiary headquarters in Irvine, CA. <br /> 27 • World-class confectionary & candy maker; <br /> 28 $2 billion in annual global sales. <br /> 29 • Over 40 product lines. <br /> 30 • Ranks equal to Kellogg Company in worldwide sales. <br /> 31 • Asia's equivalent to a Hershey's, Mars or Nestle. <br /> 32 • #1 candy company in Japan. <br /> 33 • Japan is the world's 2nd largest <br /> 34 confectionery market. <br /> 35 <br /> 36 Morinaga & Co., Ltd. <br /> 37 • Corporate philanthropy: "to be a company that improves the lives of children <br /> 38 worldwide." <br /> 39 • Partners with international NGOs in developing nations, places a special emphasis to <br /> 40 promote healthy nutrition, and donates funding for school facilities & educational <br /> 41 supplies in Africa. <br /> 42 • 1 St Japanese corporation to be affiliated with the World Cocoa Foundation (WCF); works <br /> 43 to prevent use of child labor in developing nations. <br /> 44 <br /> 45 Main Product Lines <br /> 46 • Confectionaries (photos) <br /> 47 • Foodstuffs (photos) <br /> 48 • Frozen Desserts (photos) <br /> 49 • Healthcare (photos) <br />