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McCormick is the global leader in spices and seasonings. It has also developed a leading flavor solutions division that provides sauces, condiments and flavor blends to many leading U.S. restaurants.
In the course of doing business, McCormick sources spices and raw materials from many remote corners of the world. The company, for example, saw a sharp decline in profitability many years ago due to an extreme shortage of vanilla beans due to political unrest in Madagascar, which is the leading grower of vanilla. Naturally, McCormick has had to cultivate stable mutually beneficial relationships with farmers and local governments to ensure steady access to its goods.