Record Growth and Executive Team
The Original Rangoon Company Announces Record Growth and Expansion of Executive Team
Boston, Mass., May 23, 2007 - The Original Rangoon Company today announced that in 2006 the company's annual sales increased more than 70% over annual sales from 2005. In response to this record growth, the company also announced key additions to its executive team, strengthening its leadership and ensuring a continued course of steady growth. Both this unprecedented growth and the expansion of the executive team are the direct result of the successful implementation of new products and strategic direction over the past year.
In 2006, the growth of the company was fueled by the introduction of new products, including Filet Mignon wrapped in Black Peppered Bacon and Jumbo Scallop Stuffed with Shrimp and Lobster Wrapped in Bacon, and the addition of multiple new retail accounts, as well as the continued growth of relationships with existing customers. Already in 2007, the company has announced new relationships with retailers such as Super Target, Food Lion and Bloom stores.
The company has also made the following executive appointments: Margaret Brown has taken on the role of Chief Financial Officer and Rich Read has joined the company as National Business Development Manager for Retail and Food Service.
"This is an extremely exciting time for The Original Rangoon Company, as we mark the celebration our 10th anniversary with record growth in sales," Greg Bukuras. "We are looking forward to another great year ahead, with the addition of Margaret and Rich to the team."
As Chief Financial Officer, Brown is responsible for overall financial management of the company and for providing the financial infrastructure necessary to support the company's continued growth. In Read's role as National Business Development Manager for Retail and Food Service, he will establish new business relationships with food service chains and retail accounts, and cultivate sales of Original Rangoon products nationally and worldwide.
The Original Rangoon Company is the largest supplier of Crab Rangoons in the United States. In addition to offering a wide variety of rangoon products, the Company also produces other wonton-wrapped products, including Philly Style Steak & Cheese Rolls; a line of Bacon-Wrapped products, which includes Scallops Wrapped in Bacon and Jumbo Stuffed Scallops; and a line of Skewered Products, featuring BBQ Shrimp Wrapped in Bacon and Filet Mignon Wrapped in Black Peppered Bacon.
About The Original Rangoon Company
The Original Rangoon Company, based in Norwell, Mass., was founded in August 1996 by husband and wife team Gregory and Jeanette Bukuras. Since its inception, the Company has grown from a two-person operation headquartered out of the Bukuras's home to become the largest supplier of Crab Rangoons and Scallops Wrapped in Bacon in the United States. Original Rangoon products are available in most major supermarket chains in the U.S., as well as club stores nationally and military commissaries across the globe. For additional information, contact Original Rangoon at (888) 726-4666 or visit www.originalrangoon.com.
Contact
The Castle Group, Inc.
Heather Fishman
617.227.0012, ext. 264
hfishman@thecastlegrp.com