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Ruiz Foods Ranks 20th Among the Top 500 U.S. Hispanic Businesses

Press Release - August, 2003

Ruiz Foods, the nation's largest frozen Mexican food manufacturer, is ranked 20th among the top 500 Hispanic-owned businesses and 5th among the top 10 U.S.

Ruiz Foods, the nation's largest frozen Mexican food manufacturer, is ranked 20th among the top 500 Hispanic-owned businesses and 5th among the top 10 U.S. Hispanic-owned manufacturing companies according to the June, 2003 issue of Hispanic Business magazine. In 2002, Ruiz Foods was ranked 26th.

"Our continued dedication to product quality, innovation and diversification has paved the way for our growth," said Kim Ruiz Beck, Vice Chairman and a member of the 3rd generation of the Ruiz Family. "We are proud of what our world class workforce and our vision can accomplish and look to the future with anticipation."

California hosts the largest number of the top 500 Hispanic-owned businesses (117) and Ruiz Foods is the 3rd largest. The first and second, respectively, are: healthcare and automotive companies.

Established in 1964, by Fred Ruiz and his father, Louis, Ruiz Foods is a privately held corporation with over 1300 employees. Situated on over 40 acres, Ruiz Foods manufactures over 200 products in their 300,000-square-foot facility.

Ruiz Foods, dedicated to building its signature El Monterey brand, produces premium quality, authentically prepared frozen Mexican foods selling to all channels of distribution: retail, convenience store, clubs, vending, industrial and foodservice. Ruiz is the market leader within the frozen Mexican food category. ##

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