Alaska Milk Corporation (AMC) was incorporated on September 26, 1994, but operations began as early as 1972 through a company called Holland Milk Products, Inc. (HOMPI). HOMPI was a partnership between a Dutch dairy company, Holland Canned Milk International B.V., and General Milling Corporation (GMC), an industrial foods company with interests in flour, feeds and soy bean milling. HOMPI initially manufactured liquid canned milk and UHT-ready-to-drink milk in the 1970s, and later expanded to powdered filled milk in the 1980s under the brand "Alaska." HOMPI's operations were subsequently merged with GMC and operated as its milk product division. With the rapid growth of the milk business, the milk division was later spun off as a separate and independent entity and incorporated as Alaska Milk Corporation in 1994. AMC has three principal lines of business, namely, liquid canned milk (evaporated and sweetened condensed milk), powdered filled milk and UHT / Ready-to-Drink (RTD) milk (fresh, low-fat and chocolate-flavored), and UHT / Ready-to-Use All-Purpose Cream, which are all marketed under the Alaska brand name. In April 16, 2007, AMC acquired the Alpine, Liberty and Krem-Top brands, including all trademark properties, from global food giant Societe Des Produits Nestle S.A. Also included in the deal is a long-term licensing agreement for AMC to manufacture and sell the Carnation and Milkmaid brands for liquid canned milk products. Source: SEC Form 17-A (2008)