McCormick & Company, Incorporated: Update following downgrade to Baa2
CORPORATES CREDIT OPINION 10 August 2017 Update RATINGS McCormick & Company, Incorporated Domicile Sparks, Maryland, United States Long Term Rating Baa2 Type Senior Unsecured - Dom Curr Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Dominick D'AMcCormick & Co. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor products to the food industry- retailers, food manufacturers and foodservice businesses. The company also is partner in a number of joint ventures that are involved in the manufacture and sale of flavor products. The company's business segments comprised of: consumer, in which the company markets its products to customers and supplies private label items, known as store brands; and flavor solutions, which provides a range of flavor solutions including seasoning blends, spices and herbs, condiments, coating systems and compound flavors.
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