Krinos Foods Explained

Krinos Foods
Type:Private
Foundation:1958[1] or 1985[2]
Location:New York, New York
Products:Greek food
Greek cuisine
Homepage:www.krinos.com

Krinos Foods, Inc. is a United States private company based in New York that imports and produces Greek and other Mediterranean foods. It is one of the largest Greek food importers in North America.[3] [4] [5] [6] The company headquarters are in the Long Island City section of Queens, but it has purchased a site to move to the Bathgate Industrial Park in the Tremont section of the Bronx.[6] [7] [8] In addition to New York, the company has manufacturing facilities in Chicago, Toronto, and Montreal.[9]

Products and history

Krinos both imports and manufactures Greek, Italian, Indian, and Middle Eastern foods, including "cheeses, peppers, olives, ... cookies",[10] phyllo,[11] olive and other vegetable oils, figs, halva, grape leaves, yogurt, wines and beers (including Mythos beer from Greece[12]), coffee, tea, fruit juices and nectars.[2] In the mid-2000s, the company was receiving approximately $18,000 a year in payments for the participation of its Long Island City plant in a remote power cut-off program with Enernoc of Boston.[10]

In 1965, Krinos Foods Canada was founded.[13] Together with two other food importers, Big Alpha Foods Inc. and Doric Foods Inc., Krinos was formerly controlled by John Moschalaidis, who founded it in 1985[2] [14] or earlier.[15] In 1988 he was sentenced to two years' imprisonment after pleading guilty to importing contaminated cheese and mislabeling dairy products.[16] [17] [18] His son, Eric Moschalaidis, is currently chairman of the company.[3] [6] Krinos was also found in 1990 to be selling a banned dye for Easter eggs, and in 1997 to be selling mislabeled cooking oil.[3] [19] [20] In 2005 an investigation by WABC reported on by ABC's Good Morning America showed that some of the company's extra-virgin olive oil contained cheaper ingredients.[3] [19] [20]

In 2004 Krinos acquired Hellas International, a Greek food company headquartered in Salem, Massachusetts.[21]

Logo

The company logo features a letter "K" formed by two green olive leaves against a brown stem.[22]

External links

Notes and References

  1. http://www.nycedc.com/press-release/nycedc-announces-krinos-foods-inc-greek-and-mediterranean-specialty-food-importer "NYCEDC Announces Krinos Foods, Inc., a Greek and Mediterranean Specialty Food Importer, Distributor, and Manufacturer, Will Invest Over $20 Million to Expand Headquarters in the Bronx"
  2. https://archive.today/20130119012327/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4421912 Company Overview of Krinos Foods, Inc.
  3. https://abcnews.go.com/GMA/AmericanFamily/story?id=988980&page=1#.UIQy8uRk7-q "Not-So-Extra-Virgin Olive Oil"
  4. "the country's largest distributor of Greek foods", Florence Fabricant, "Food Notes", The New York Times, August 14, 1996.
  5. "North America`s largest importer, distributor and manufacturer of Greek foods", "The Greek Debt Crisis Comes to America", PBS Nightly Business Report, May 28, 2010.
  6. "the largest importer, packager, and producer of Greek products in the United States and Canada", Demetris Tsakas, "Krinos Foods Plans to Leave LIC and Build a High-Tech Plant in Bronx", The National Herald, September 13, 2012.
  7. http://therealdeal.com/blog/2012/09/10/city-scores-another-food-manufacturer-for-the-bronx/ City scores another food manufacturer for the Bronx
  8. Daniel Beekman, "Bronx getting its fill of food companies as Fairway, Food Fest, Krinos and “R” Best Produce put down roots", New York Daily News, October 17, 2012.
  9. http://www.krinos.com/aboutus.html About Us
  10. Matt Richtel, "Conservation at the Touch of a Button ", The New York Times, November 7, 2007.
  11. "Krinos is the most widely available phyllo", Barb Holland, "This versatile, flaky, multi-layered pastry can be used to make everything from pizza to samosas", Toronto Star, March 31, 1999 (payment required)
  12. "Mythos beer", Cheers, May 1, 2000 Online.
  13. Web site: Krinos Canada Profile. https://archive.today/20130904181053/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=88527477. dead. September 4, 2013. Businessweek. 3 September 2013.
  14. Florence Fabricant, "Snails and Pastries From an Ambassador of Cretan Cuisine", The New York Times, September 30, 1992.
  15. "Krinos Foods, an importer and distributor of foods from Greece, has completed the financing for a 110000-square-foot facility on a 182000-squarefoot site", Alan S. Oser, "Real Estate; LI City's Industrial Expansion", Real Estate, Business and Finance, The New York Times, September 26, 1979 (Payment required).
  16. [Associated Press]
  17. Frances Ann Burns, United Press International, "Importer admits to shipping bad cheese", The Bryan Times, June 28, 1988, p. 2.
  18. https://archive.today/20130131171306/http://pqasb.pqarchiver.com/mcall/access/92467920.html?dids=92467920:92467920&FMT=ABS&FMTS=ABS:FT&type=current&date=Sep+12,+1988&author=The+Morning+Call&pub=Morning+Call&desc=MAN+GETS+2+YEARS+IN+JAIL+FOR+IMPORTING+CONTAMINATED+CHEESE&pqatl=google "Man Gets 2 Years in Jail for Importing Contaminated Cheese"
  19. Amy Klein, "Feds put lid on bogus olive oil: Agents raid warehouse, seize 22,700 gallons", Bergen County Record, February 10, 2006 (Online at Highbeam).
  20. "Adulterated olive oil seized in New Jersey", The Food Institute Report, February 13, 2006 Online.
  21. "Mergers & acquisitions", The Food Institute Report, June 7, 2004 (Online)
  22. Krinos registration of logo in monochrome with and without remaining letters of the name, circa 1981, with list of products, at Trademarkia.

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