Schmidt Baking Company

Schmidt Baking Company

Schmidt Baking Company is a bakery in Baltimore, Maryland, U.S.A. The company makes Schmidt's Blue Ribbon and Schmidt's Old Tyme Breads and , as a licensee of the Quality Bakers of America Cooperative, bakes and distributes Sunbeam Bread in its territory.

It was founded in Baltimore, Maryland in 1886 by Elizabeth and Peter Schmidt at their house using recipes from their native Germany. The company now has more than 800 employeesFact|date=May 2008 and makes several varieties of bread, most prominently white bread.

It's 1970s and 1980s advertising jingle was "I like bread and butter, I like toast and jam, I like Schmidt's Blue Ribbon Bread, It's my favorite brand", which was derived from The Newbeats 1964 song, "Bread and Butter". [cite news |first= |last= |authorlink= |coauthors= |title= The song remains the same |url=http://baltimore.bizjournals.com/baltimore/stories/1998/09/07/tidbits.html?page=2 |work=Baltimore Business Journal |publisher= |date=Friday, September 4, 1998 |accessdate=2008-05-17 ]

There was a major fire at an empty building owned by the company on Fitch Lane in Fullerton, Maryland in April 2008. [ [http://www.wbaltv.com/news/15932030/detail.html Floor Collaspes in Baltimore County Fire. WBAL TV, MD - 19 Apr 2008] ]

In 1941, the company was cited by the National Labor Relations Board for failing to engage in collective bargaining with its employees. [ [https://www.fastcase.com/Google/Start.aspx?C=01a3fa1852060d4f379ddd4c67d54f64826d72f422e3c8df&D=92071bccb9cd70be67083f7ce89780df3d7378e3e6367bc6 122 F.2d 162]

NATIONAL LABOR RELATIONS BOARDv.SCHMIDT BAKING CO., Inc.

No. 4798.

Circuit Court of Appeals, Fourth Circuit. June 18, 1941.] ]

The company sponsored the Preakness Stakes pre-race parade in Baltimore for three years. [cite news |first=Keith T. |last=Reed |authorlink= |coauthors= |title= Gearing up for the Preakness |url=http://baltimore.bizjournals.com/baltimore/stories/2001/02/26/focus5.html |work=Baltimore Business Journal |publisher= |date=Friday, February 23, 2001 |accessdate=2008-05-17 ]

In 1996, the company was the subject of an IRS lawsuit regarding when vacation pay and severance pay can be considered deferred compensation by a company in its tax returns. The resulting ruling on this case was used in proposed changes to the law. [ [http://www.senate.gov/~finance/sec17.htm Schmidt Baking Co., Inc., 107 T.C. 271 (1996)] ] [cite news |first= Greg|last=Hitt |authorlink= |coauthors= |title= A Baker Beats IRS, but GOP Wants to Roll Back the Clock|url=http://online.wsj.com/article/SB895034163926742000.html |work=Wall Street Journal |publisher= |date=May 14, 1998 4:49 p.m. |accessdate=2008-05-17 ]

ee also

* blue ribbon

References

External links

* [http://www.schmidtbaking.com/ Schmidt Baking Company]


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