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Universal Corp. (33, UVV) is the world's largest importer and exporter of tobacco leaf and a major processor and distributor of tobacco.
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Besides, in 1998 the National Commission on Small Farms found that "the setting of prices under near-monopoly conditions allows the major processors and retailers of agricultural products to capture an increased price spread, bankrupting farmers".If all else fails, there is always the possibility of some sort of supply shock this year.
For small retailers, merchant accounts are typically set up by Independent Sales Organizations (ISOs) that are affiliated with the major processors and that specialize in selling and setting up payments and merchant accounts for smaller players.
He shunned big mergers but bought a factory in Turkey, which is a major processor of hazelnuts, one of the the main ingredients in Nutella and Ferrero Rocher, last year.
Having grown up in Delaware, Ohio — his father worked for Procter & Gamble — he marketed soft-drink bottle caps in one of his early jobs, and was later director of marketing for a Florida company that was a major processor of orange juice.
Since April 2015, the CryoSat ice products are generated with Baseline-C, which represented a major processor upgrade.
This outfit knows from demolition: It was the major processor of mangled steel from the World Trade Center, 300,000 tons of it, which it resold around the world.
There are two major processor manufacturers: Intel and AMD.
However, what you may or may not know is that major processors like First Data and Paymentech typically do not set up merchant accounts for smaller, Mom-and-Pop type stores even though those transactions ride on their rails.
Norma and her team came with a unique business idea: to become a major producer, processor, and supplier of Irish potatoes in the form of frozen chips.
It accomplished in months what it had been unable to achieve in years of prodding the major processors.
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