Hot Stuff Foods Article
| 25 years of history < International > February 8th, 2006 1982: Pizza Patrol begins as a division of The Schwan Food Co.
1986: First Hot Stuff location opens. 1991: Company moves to its current location, a 12.5-acre parcel on West Maple Street in north Sioux Falls. 1994: Orion Food Systems incorporated as wholly owned subsidiary of Schwans and opens its 1,000th location. February 2002: Orion Food Systems is acquired by Kohlberg & Co. for approximately $100 million. May 2003: Des Hague is named president and CEO. September 2004: Hot Stuff Express concept introduced. January 2005: Orion changes its name to Hot Stuff Foods. July 2005: Hot Stuff introduces Market Select Sandwiches. November 2005: Palm Pizza introduced. January 2006: Hot Stuff begins its first national advertising campaign on ESPN Radio. Today: Hot Stuff announces a management-led buyout that includes a $164 million investment from Allied Capital Corp. (NYSE: ALD). |
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