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Merger to Form Jelly Belly Candy Company

-- Gifts & Decorative Accessories, 10/1/2000

Fairfield, CA-Candy makers Herman Goelitz Candy Company and Goelitz Confectionery Company of Chicago announced plans to merge the two companies. Effective April 1, 2001, the company's name will be changed officially to Jelly Belly Candy Company, after their best known confection. Manufacturing plants in Fairfield and Chicago will remain open, and construction of a new distribution and retail center in Pleasant Prairie, WI, is scheduled for completion in April 2001. Several executives will be elevated to new positions when the merger is finalized. Bill Kelley, currently president of Goelitz Confectionery Company, will serve as vice chairman of the board. Russ Albers, currently serving as vice chairman, will assume the newly created position of chief advisor. Bob Simpson will be president and COO of Jelly Belly Candy Company, and Herman G. Rowland Sr. will continue as chairman of the board.

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