Tucson AZ Home Loan Info

head_left_image

BIMBO In Bed With Sara Lee!

Bimbo Logo: Mike in Tucson, Mortgage LenderMoving from New Jersey to Tucson, AZ a dozen years ago was a culture shock.

In Tucson, as contrasted with my NJ experience,

  1. rivers have no water in them most of the time.
  2. people at WalMart dance joyously in the rain at the beginning of the monsoon season instead of running frantically for the shelter of their cars.
  3. the summer work day for construction workers begins at 3:00 a.m. (a shock when there's a house being built next door)
  4. and bread is labeled BIMBO!

If you don't live near the Mexican border, you may not know that Mexico's BIMBO (Grupo Bimbo, SAB) is the world's largest bread maker.

You will no doubt recognize some of the BIMBO brands, though...

  • Thomas's English Muffins
  • Entenmann's cakes and pastries
  • Mrs. Baird's breads

...and now...

  • Sara Lee's North American bakery business, for which BIMBO paid nearly one billion dollars.  Included in the sale are 41 plants and 13,000 employees.

Real Estate Connection

13,000 employees?  No doubt, some of them are management.  Expect a shake-up there.  It might provide you with some real estate business you hadn't anticipated.

____________________

I'm Mike in Tucson, your preferred Tucson Mortgage Lender.

NMLS #223495

SUNSTREET MORTGAGE llc ~ Correspondent Mortgage Bank
Offices (AZ) Mesa, Tucson, Nogales, and Albuquerque, NM.

Comment balloon 23 commentsMike Jones • November 09 2010 10:33AM

Comments

I agree with you Mike .. They will be looking for a Real Estate Agent.. I'm sorry that I'm not there to help them.

Posted by Donna Paul, Long Island Home Specialist,All About Real Estate (Keller Williams Realty Gold Coast) almost 10 years ago

Mike, $1 billion?  That's an expensive BIMBO...

Posted by Trish Sarfert, Serving military & civilian relocations! (Gulf Coast Home Experts) almost 10 years ago

That's interesting, I didn't know Bimbo's owned these companies and I eat alot of their products.  Maybe they will move to Austin, I pay referrals.   

Posted by Suzanne Gantner, GRI, E-Pro, SRES, SRS, ABR (Sky Realty, Central Texas Real Estate ) almost 10 years ago

Wow, I missed that story, about the buyout.  Hey, I know some great agents in Tucson I can refer you to, LOL. 

Posted by Juli Vosmik, Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Fine Properties) almost 10 years ago

Juli,

Tell your Mom I said "Hi!"  :)

Suzanne,

Do they have a plant or a distribution point in Austin?  Google could tell you...

Trish,

LMKO!

Donna,

I'm pretty sure that they will have management in the NYC area, and you're not that far away...

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) almost 10 years ago

Mike, love the title!!! What?? no more Sara Lee? I can't imagine. I'd never even heard of Bimbo. Go figure. :)

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) almost 10 years ago

Hi Mike,

I lived near a Wonder Bread bakery in Dallas for years. One day, it became a BIMBO bakery. The tarts smelled the same though. ;)

Posted by Tim Bradley, Commercial Real Estate Expert in Jackson Hole, WY (Contour Investment Properties) almost 10 years ago

Mike, Binbo bakeries?  I love Entenmans's and Thomas' English Muffins!  And if Wonder Bread tasted as great as it smells in the bakery, I might eat the stuff.

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) almost 10 years ago

That is a lot of dough in my opinion. Yes, the word BIMBO means something else on the East Coast. Thanks for the heads up on this one. Amazing!

Posted by Harry F. D'Elia III, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (RentVest) almost 10 years ago

Wow those digits? 

Posted by Will Nesbitt, Nesbitt Realty is a family-run brokerage. (Nesbitt Realty at Condo Alexandria) almost 10 years ago

Hi Mike... Mrs. Baird's bread and cinnamon rolls (a Texas company) has never been quite the same to me since they were purchased by Bimbo.  Interestingly, the former Mrs. Baird's bakery in Dallas will soon be the site of the G.W. Bush prsidential library.

Posted by Steve Shatsky almost 10 years ago

Very interesting.  I had no idea.  I think one of my cousins was the Brand manager for Thomas's English muffins.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) almost 10 years ago

Oh, and yes, they may on Long Island.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) almost 10 years ago

Mike, thanks to Pat Kennedy for sending me here. What a great title for a post, very creative I have to say. Nope, I can be assured that these 2 now being in bed together will not affect my real estate, but it should be good for those of you who live around Bimbo!

That is a very funny name, LOL. That is one where people will say... what were they thinking? without knowing they are from another country. But what were they thinking??????

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) almost 10 years ago

Mike, what could you expect BIMBO to pay for SaraLee, after all hasn't it always been known that 'Nobody doesn't like Sara Lee!'  That is still on very expensive coffee cake.

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (RE/MAX Professionals, CT 203-206-0754 ) almost 10 years ago

Hey, Mike, what exit?  I've lived in 2 NJ areas where we don't have highways with exit numbers so I'm just joshing!

Posted by Irene Kennedy RealtorĀ® in Northwestern NJ (Weichert) almost 10 years ago

OMG, Sara Lee is now a Bimbo. This has been the year of the merger. Thanks for the post, never heard of bimbo bread.

Posted by F U, Dead (nobody) almost 10 years ago

Mike, I had no idea either.  It's fun to read about these companies--thanks for the info.

Posted by Peggy Chirico, REALTORĀ® 860-748-8900, Hartford & Tolland County Real Estate (Prudential CT Realty) almost 10 years ago

All,

Thanks for your thoughtful comments!

@Jeanine, your comment would have made a great title for this blog: "OMG, Sara Lee is now a Bimbo."  LOL

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) almost 10 years ago

Bimbo?  Who knew?  Just goes to show how one's perspective can change.

Posted by Teri Deane, Realtor, ABR, CRS, SFR - The Deane Team (RE/MAX 100) almost 10 years ago

Well, Bimbo would have to be in bed with somebody, so why not Sara Lee - how do you think of these things???

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) almost 10 years ago

Had no idea who they were until reading your post !!! Hey did I see where Tucson is getting a Triple A baseball team next season ????

Posted by Michael J. Perry, Lancaster, PA Relo Specialist (KW Elite ) almost 10 years ago

Michael,

Yes we are!  I don't know how long it will last, though.  Our town council has a way of driving good businesses away from Tucson.

Barbara-Jo,

I look at a photo, and the ideas start coming one right after the other.  LOL

Teri,

Thanks for stopping by to comment.

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) almost 10 years ago

This blog does not allow anonymous comments