=+H.J. Heinz Company was founded in 1869 at Sharpsburg, Pennsylvania, by Henry J.

Heinz. The company manufactures and markets food products throughout the world, including ketchup, condiments and sauces, frozen food, pet food, soups, and tuna. For the fiscal years 2007 and 2006, H.J. Heinz reported the following (in thousands):

Year Ending May 2, 2007 May 3, 2006 Net sales $9,001,630 $8,643,438 Accounts receivable 996,852 1,002,125