General Mills Package

Grants | Legacy Digitization | Topics | Business & Industry |
February 17, 2003
Erin Galbally - Reporter
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General Mills officials say the company's future looks positive. Sales are expected to increase roughly 6-percent over the next three years, while share prices should jump more than 10-percent. If those projections prove true, by 2006 General Mills will be able to pay down roughly 2-billion dollars of debt associated with its purchase of Pillsbury. But in the near future company leaders are less certain they'll be able to avoid paying millions of additional dollars for acquiring the food giant. Minnesota Public Radio's Erin Galbally reports:

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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