The final list ranks the 500 companies. The family business began modestly as Wells' Dairy in 1913, when Fred H. Wells Jr. bought a horse-drawn wagon and delivered milk in northwest Iowa. Enter employee name to find & verify emails, phones, social links, etc. Net Worth: What It Is and How to Calculate It, How Banking Works, Types of Banks, and How To Choose the Best Bank for You, The Private Bank By Invitation Visa SignatureCard Account Agreement. The final proposal to change the management structure and reconstitute the board won shareholder approval. Wells' Dairy has a positive business outlook. The council helped us understand what shareholders want, but their concerns will change as the business changes. The winning entry in their Name That Ice Cream Contest was Blue Bunny, inspired by a local department stores Easter window display featuring colorful rabbits. Glassdoor gives you an inside look at what it's like to work at Wells' Dairy, including salaries, reviews, office photos, and more. With good credit, Private Clients can purchase a property with a jumbo loan and put only 10.01% down. This article may not be posted online or reproduced in any form, including photocopy, without permssion from the publisher. Chase offers access to theirChase SapphireReserve card, which offers a $300 travel credit annually. As we have continued to add lines to our current facilities, were within a couple of lines of being absolutely tapped out in regards to our capacity and our ability to grow. Wells Enterprises Inc - Company Profile and News - Bloomberg Markets Live Now Bloomberg TV+ Emma Barnett meets. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. The company produces more than 120 million frozen novelties and 25 million gallons of ice cream a year. The Wells Visitor Center & Ice Cream Parlor draws about 200,000 people annually. Over the past four years, Wells Enterprises has flourished under Mikes leadership. The process was pretty quick, and I heard back within a couple of weeks. Wells Enterprises Construction Llc currently holds license 2705177537 (Residential Building (Rbc)), which was Inactive when we last checked. Under Arbors ownership Fieldbrooks revenues increased nearly 70%, and the company acquired Mister Cookie Face and Washburn Dairy. Home; Our Company; Products/Services; Locations; Gallery; Testimonials; Blog; Contact Us; Contact US. The new partners were Fred D. Wells, the son of Harry C. Wells, and his four cousins, Harold R., Roy F., Harry L. and Fay R., the sons of Fred H. Wells. [13], On 7 December 2022, the company announced its acquisition by Ferrero Group, an Italian manufacturer.[14][15]. Financial terms of the transaction were not disclosed. While the city's growth has been modest, Le Mars is in a better position than many communities around Iowa, especially similar-sized cities that have shed population over the last two decades as manufacturers leave. In 1927 Fred H. Wells and his brother, Harry C. Wells, began a partnership to distribute ice cream in Sioux City, Iowa, located about 25 miles south of Le Mars. Like some of you, we at MLR Media have been working remotely for months and consider ourselves fortunate that we are able to do so. Deanne Stone is a business writer based in Berkeley, Calif. Is Wells Enterprises growing? Like most other HNW cards, it carries no annual fee, and the perks extend the more you spend. Platinum Amex Card: What's the Difference? Wells Fargo is a well-established institution over the years . The trend that we really see is that consumers will spend all week long exercising and eating healthy and then be a little more indulgent on the weekends. Wells produces the Blue Bunny brand, along with 2nd St. Creamery, Bomb Pop and several private label brands. It is classified as operating in the Dairy Product Manufacturing industry. Lorem ipsum dolor sit amet consectetur adipisicing elit. American Express Black vs. 10 Checking Accounts That the Ultrarich Use. Meanwhile, new facilities were added in the postwar period. P 540-370-9911; E info@wellsenterprisesconstruction.com; The three new directors had either run family businesses or sat on family boards, and each brought experiences, connections and new perspectives that would enrich Wells thinking in moving forward. The company provides ice cream and other froz, dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla par. 140 reviews from Wells Enterprises, Inc. employees about Wells Enterprises, Inc. culture, salaries, benefits, work-life balance, management, job security, and more. 2023 PitchBook. We manufacture the store brands of other companies and, in exchange, they carry Blue Bunny in their stores. As one of Wal-Marts top 100 suppliers, Wells had to develop new technology to comply with the giant retailers mandates for inventory, safety and quality controls. This article originally appeared on Des Moines Register: Italian company now owns Blue Bunny ice cream maker Wells Enterprises, Iowa pride: From Blue Bunny to Jolly Time, these 7 food companies call Iowa home. The new name recognized the family ownership of the company while ending customers confusion about whether the company still distributed milk. The average Wells Enterprises salary is $58,331. Weve found that the concentration in the Midwest has been great for our Midwest business, but weve been challenged as weve grown to the East and to the West. They also offer their Chase SapphirePreferred card, which collects double points on travel and dining worldwide. The programs arestrikingly similar. We are a Virginia-based residential construction and remodeling company providing affordability and quality workmanship to our customers. The business has been vital to Wells' headquarters city, Le Mars, the rare Iowa micropolitan community that has not lost residents in recent years. Please only use it for a guidance and Wells Enterprises's actual income may vary a lot from the dollar amount shown above. Rather than a collection of cousins running various operations, as they had for decades, the family agreed to operate with only one leader. Spouses and trust beneficiaries would have the same status as other shareholders. In fact, according to the Financial Times, the family began soliciting offers for a purchase the year before. Helpful. ASP.NET Microsoft . The Company offers ice cream, frozen yogurt, fruit popsicles, and other related products. As of January 2023, Wells Fargo is estimated to have a net worth of $365 billion, and these figures will continue to increase with time. Principal Analyst, Mobility & VR, Anshel Sag, dives into how Morpheus XR differentiates itself with its enterprise XR collaboration app. But what does it mean to be an ethical leader? "The Private Bank By Invitation Visa SignatureCard Account Agreement.". The Wells Enterprises annual revenue was $1.05 billion in 2021. Get notification with the latest net worth updates for free. Mike has a real passion for the business and its role in the industry, and the right combination of talents to lead the company.. Forbes' Real-Time Billionaires List, on the other hand, ranked Adani at the 33 rd spot and pegged his net worth at $ 35.1 billion. Wealth Management: What's the Difference? To explore Wells Enterprisess full profile, request access. And then theres still a whole bunch of people that look at the ice cream category not for health, but they look at it for indulgence. We may not be able to beat Nestl and Unilever in market share, but we can be No. In 2001, the second generation stepped aside, passing the reins to the next generation. This position is not eligible for Visa sponsorship. Though the main players in the ice cream industry, Like Wells, are privately held, making data hard to come by, Wells has previously stated the moves made the company the second-largest ice cream manufacturer in the country, behind Unilever. By 2006, Wells had become a billion-dollar company with a national reach. A survey showed that their immediate interest was in learning how to interpret financial statements. [5], In 2003, an ice cream plant in St. George, Utah was opened to better meet the west coast market. Many of these people were let go after speaking up to the wrong executive and bringing examples of workplace bullying to human resources.Read More, I applied online. Their loans close faster because they receive priority processing and access to a special senior underwriting team. Wells Enterprises employees earn an average salary of $58,331 in 2023, with a range from $34,000 to $97,000. In 2007 and 2008, Wells sold its cultured dairy and fluid milk business to Dean Foods and its yogurt business to Grupo Lala. In addition to its ice. Im really proud of being a Wells, and I love our ice cream.. The award-winning series offers some important lessons for family business owners. Markets never sleep, and neither does Bloomberg. is nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. The buyer pays cash for the property, and can then apply for a mortgage with Wells Fargo within 90 days. This process adjusts the amortization table for the remaining term and allows more of each subsequent payment to go to principal versus interest. :Elif Shafak Bloomberg Radio Bloomberg Best Bloomberg Best features. In a sign of how important the business has been to the community, in 1994, the Iowa Legislature passed a bill to name Le Mars the "Ice Cream Capital of the World," and the city has become a frequent stop among presidential candidates during the Iowa caucuses. Now I have a chance to give something back.. In 1988, Mike and his father, Fred, started shipping milk and ice cream from its facility in Omaha to a Wal-Mart store in Topeka, Kan., starting a business relationship between the two companies that continues today. Benefits. 4,000 As of 2022. Wells is the second largest ice cream maker in the United States behind Unilever. In 1985, Wells employed 430 workers in Le Mars. Now we have a mechanism for staying in touch., As the only daughter in the family, I wasnt expected to work in the business and I hadnt served on the board, so its gratifying to be part of it now, Sargeant says. Later, he was promoted to an executive management position in the supply side of the business. Company Description: Wells Enterprises is one of the largest privately held, family-owned ice cream and frozen treat manufacturers in the US. The bank's cash purchase option enables customers to take advantage of cash-only real estate deals and still finance their purchases. The treat comes in such flavors as mocha espresso swirl, malted vanilla chocolate pretzels and brown butter salted caramel. Mike Wells began running routes for the dairy in 1977. Wells Enterprises, maker of the Blue Bunny ice cream brand, has ambitious plans to grow way beyond $1 billion in sales. He said his relationship with Ferrero managers began in 2019, when he toured Europe to observe new trends in the frozen desserts industry. When the family re-joined the ice cream business the following decade, they no longer had the rights to their old business' name. In the 1950s, it built a new facility in Le Mars for manufacturing ice cream products; in 1963, it constructed a fluid milk processing plant. This compensation may impact how and where listings appear. Find out the highest paying jobs at Wells Enterprises and salaries by location, department, and level. Wells Enterprises Inc. manufactures dairy products. Wells Fargo Private Clients receive personalized wealth planning, investment management, trust services, and private banking. Unable to sell their product under their own name "Wells", they decided to hold a Name That Ice Cream contest in the Sioux City Journal. Track your investments 24 hours a day, around the clock from around the world. [10][11][12], In 2009, at a time when due to changed ingredients, some ice creams fell outside the FDA definition of standardized Ice Cream (and started selling "frozen dairy dessert"), Wells' Dairy put a seal that said "Real Ice Cream" on all Blue Bunny products. We made tough decisions in 2007, and weve been proven right.. Adani Enterprises shares gained 14.88% intraday to Rs 1,364 against the previous close of Rs 1364.05 on BSE. Caltech takes the top spot along many universities, including Cleveland State (No. 1845 Walnut Street Suite 900 Philadelphia, PA 19103, Transformational Women in Family Business 2023, 2021 Family Business Executive Compensation Survey, Adding independent directors takes your board to a new level, A Connected Leadership Model for Family Business, Family Business Basics: Family Office Trends. [5], In the mid-1980s the firm's North Plant in Le Mars was enlarged through the purchase of five adjacent lots. (Annual sales and employees) What industry is the company in? In 2006 its sales passed the $1 billion mark, placing it in a select group of family firms with revenues of that size. It's best known for its more than 500 Blue Bunny-branded ice cream and frozen novelty products (which come in more than 70 flavors). Products that support health and fitness in the home comprise the first facet of wellness design, and appliances certainly contribute to that. Definition and How It Works, High-Net-Worth Individual (HNWI): Criteria and Example. In just two years, the shareholders council has accomplished what the board had hoped, Hylton says. Tyler Jett covers jobs and the economy for the Des Moines Register. 57% of employees think that Wells' Dairy has a positive business outlook. We also reference original research from other reputable publishers where appropriate. 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In an interview with the Des Moines Register, Wells Enterprises CEO Mike Wells said Wednesday that Ferrero executives are committed to northwest Iowa. The estimated salary at Wells Enterprises, Inc. ranges from approximately $38,806 per year for Packer to $133,020 per year for Sales. Fieldbrook operates manufacturing facilities in Dunkirk and Lakewood, N.J., and distributes its products in all 50 states and Puerto Rico. (According to Bloomberg, Giovanni Ferrero has a net worth of $41.8 billion, making him the 28th richest person in the world and the richest person in Italy.). 1 ice cream company, says Mike. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. . At Chase, private clients receive wealth management services from JPMorgan. What Is a Family Office and Do You Need One? The offers that appear in this table are from partnerships from which Investopedia receives compensation. One year later, the company sold its Sioux City distributorship to a competitor, along with the right to use the Wells name. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Platinum: Whats the Difference? Within a few months it had developed a charter and resolved the question of eligibility. He said his family believed the Ferrero organization was the right fit for the brand's legacy. Wells Enterprises Company Stats Industry Food, Soft Beverages, Alcohol & Tobacco Founded 1913 Headquarters Le Mars, Iowa Country United States CEO and President Michael C. Wells Employees 2,500. Many people ask this question about the money Wells Enterprises makes from Facebook. Sweet treats join shelves in new formulations and collaborations. "Every interaction is an opportunity to improve your relational skills.". Lansing Crane, the former chair and CEO of venerable paper company Crane & Co. Inc., joined Wells board in 2010. The council would provide opportunities for shareholders to raise questions, learn more about the business and how it functions, and nurture pride in the family legacy. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Italy has captured the Ice Cream Capital of the World. In 2010, Wells changed its name to Wells Enterprises Inc. Chase vs. Wells Fargo High-Net-Worth Accounts: An Overview . Get the full list, To view Wells Enterprisess complete board members history, request access, To view Wells Enterprisess complete investments and acquisitions history, request access, To view Wells Enterprisess complete subsidiaries history, request access, To view Wells Enterprisess complete exits history, request access, Morningstar Institutional Equity Research, Cold dessert with gelatin-based component adapted for low temperature consumption, Cold dessert with gelatin-based component adapted for low-temperature consumption, Co-Owner, President, Chief Engagement Officer & Chief Executive Officer, Executive Vice President Finance and Chief Financial Officer, Senior Vice President of Marketing and Research & Development. Rafael Nadal has withdrawn from the upcoming Indian Wells and Miami Open events due to a leg injury suffered at the Australian Open. The best company I've ever worked for in my career. At the same time, it undertook a major project to enlarge its plant in Le Mars. Youre viewing 3 of 3 competitors. Sep 11, 2015. Collectively, our family decided the best thing we could do for our business was to set it up for the future," Wells said, "with an ownership group that could and would invest behind it.. In addition, Wells is the licensee for Weight Watchers Ice Cream. Report. Wells took the reins as CEO from his cousin, Doug Wells. Sargeant and Hylton worked with the Family Business Center at Loyola University in Chicago, which had developed a webinar on reading financial reports. SQL International Organization for Standardization . Get contact details including emails and phone numbers Like Wells, Ferrero is the third generation owner of his family's company, which is based in the small city of Alba in northwest Italy. It was a critical time for the business. But, Hylton notes, Its not once and done. No credit card required. [1] Wells, is associate marketing manager of Wells retail brand. Private Client Banking customers also receive a $750 discount on closing costs. The deal gives Ferrero, which owns brands like Nerds, Butterfingers and Nutella, control of one of the biggest ice cream manufacturers in the United States. Wells Enterprises net worth Dec, 2022 Wells Enterprises, Inc. is an American food company and is the largest family-owned and managed ice cream manufacturer in the United States, based in LeMars, Iowa. Chase offers its Private Client Banking, while Wells Fargo has named its program The Private Bank, calling individuals involved Private Clients. Shareholders are enjoying greater benefits because the company has accomplished great things. Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a freelance writer and editor. Wal-Mart is a demanding partner, says Mike, but its fair., Wells has also built a profitable partnership with Weight Watchers. Wells continues to work towards more sustainable solutions, including our latest initiative: moving our Blue Bunny 4-ounce ice cream cups away from foam to clear, recyclable plastic polypropylene. Heres how to build one. The Italian confection company Ferrero Group announced Wednesday that it's acquiring Wells Enterprises, the Iowa-based maker of Blue Bunny and Halo Top ice creams. Operating two ice cream plants in Le Mars, Wells is the worlds largest manufacturer of ice cream in one location (which in turn has prompted Le Mars to claim the title of Ice Cream Capital of the World). The combination of our manufacturing capabilities and its strong brand name allowed Weight Watchers to build a much larger capital market.. [7] In 2014 Wells announced it would be closing the St. George, UT facility. The centerpiece of the expansion is a 900,000-square-foot (84,000 m2) plant, which in addition to manufacturing includes a 12-story-tall freezer. In 2003 it built an ice cream manufacturing plant in St. George, Utah, with the capacity to run two production lines of packaged ice cream of different sizes. Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, In the last Mid-Month Update, I cautioned that it was too premature to take the rally in stocks wed seen in the new yearwhich had already begun to coolas a sign that the equity market had finally turned the corner. His brother Harry C. Wells joined the business, as did his sons. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, From Bunny Tracks ice cream to red-white-and-blue Bomb Pops, Wells Enterprises' dairy spans the frozen treat spectrum. Chase offers its Private Client Banking customers discounted mortgage interest rates of varying levels based on the customer's total deposits and investments with Chase. We . We had to streamline our structure, and we started at the family management level. Wells is the U.S.s largest family-owned and -managed ice cream producer. All Rights Reserved. Wells is the second largest ice cream maker in the United States behind Unilever. In 1977, the company incorporated under Iowa law as Wells Dairy Inc. With the death of one second-generation partner and the retirement of another, the ownership and management of the company fell to brothers Roy and Fay and their cousin, Fred D. Wells. This is a profile preview from the PitchBook Platform. Wells Enterprises, Inc. is an American food company and is the largest family-owned and managed ice cream manufacturer in the United States, based in LeMars, Iowa. We operate the biggest under-one-roof ice cream plant in the world here as well as our initial flagship plant downtown. In addition, Wells is the licensee for Weight Watchers Ice Cream. Some of the best in the industry. It was a difficult but necessary decision, says Mike. Doug, like all of the third generation, had spent his adult years working in the family business, and he says it was difficult to walk away. While entrepreneurs take pride in working long hours to build success, they often find it hard to create a self-care space. He will remain involved as an advisor. The Iowa State Legislature dubbed Le Mars the Ice Cream Capital of the World in 1994. During the visit, he said, Ferrero fell in love with the town. Wells Enterprises, maker of the Blue Bunny ice cream brand, has ambitious plans to grow way beyond $1 billion in sales. More:Can an Iowa company make low-calorie Halo Top 'ice cream' a tastier dessert? For high-net-worth individuals (HNWI), finding the right bank is of utmost importance. All content is posted anonymously by employees working at Wells' Dairy. This information is available in the PitchBook Platform. The third generation continued the expansion of Blue Bunny into western markets. (Mike declines to disclose current revenues but says they exceed $1 billion.) A bank is a financial institution licensed to receive deposits and provide other services such as mortgage loans and individual retirement accounts. The company sold a milk factory to Dean Foods and a yogurt factory to Grupu LALA in 2008. Information about Wells Fargo's employee benefits. By Deanne Stone. A group of shareholders sprang into action, forming a task force under the guidance of Jennifer Pendergast, senior consultant at the Family Business Consulting Group. Wells is a distant third with about a 5% market share, yet over the past three decades it has managed to double its revenues every ten years. These services include financial advisory services, mutual funds, securities-based lending, annuities, and college planning, which includes tax-advantaged 529 plans. Weight Watchers and Wells are examples of good licensing partners, says Mike. They knew how to develop formulas and flavors, says Doug, and had a lot of fun coming up with the different combinations that made their ice cream so popular.. Ice cream is a challenging category it continues to grow in dollars and is relatively flat in per capita consumption and pound produced, Mr. Wells told Food Business News. Wells Fargo offers themthe Private Bank By Invitation Visa Signature, which earns three points per dollar spent on travel, two for dining, and one point for all other purchases. Private Clients with an existing mortgage who make a large lump-sum principal payment have the option to recast their remaining balance. (Wells declined to comment on that report on Wednesday.). ", More:Iowa pride: From Blue Bunny to Jolly Time, these 7 food companies call Iowa home. Unlike the personalized investment advisor service offered by Chase, Well Fargo offers only a contact form to fill out, and a bank representative will call you to discuss. Family and non-family management engaged in long discussions about how Wells could best position itself to grow and thrive in an increasingly competitive industry. Financing. The mortgage rewards for Wells Fargo Private Clients cover different territories. For security reasons we will end your session automatically in 03:00 unless you would like to continue working. ALSO READ: Adani Group plans to repay up to $790 million share . Bloomberg Daybreak Asia. The partnership succeeded, says Fay Wells son Doug J. Fred H. Wells founded the family enterprise in Le Mars in 1913. Mikes son, Michael J. I had a couple of phone calls with different engineering managers. Giovanni Ferrero, the company's executive chairman, said in a statement: "I am delighted that Wells has agreed to join the Ferrero Group. The divestitures also marked Wells new focus on expanding nationwide sales of its core businesses, ice cream and frozen novelty products. Wells had succeeded in making Blue Bunny a regional brand. Wells Enterprises's headcount grew by 5 people (0.39%) in the last . All rights reserved. 000000&0 00000. Family owned with care for their employees. . Mike Wells is CEO/Chief Engagement Officer at Wells Dairy Inc. See Mike Wells's compensation, career history, education, & memberships. A retired nurse who lives on the East Coast, she had never worked in the business. Search over 700 The increased square footage allowed Wells to double its production capabilities. To help the company achieve that goal, family members restructured management and the board, putting the needs of the business first. The restructuring of management and board was not a reflection on the leadership of the other family members, she says, but rather a reflection on the familys strength in embracing change and innovation. Cream brand, has ambitious plans wells enterprises net worth repay up to $ 97,000 billion. ), but we be. In 2010 HNW cards, it carries no annual fee, and the company has great... A purchase the year before all content is posted anonymously by employees working Wells!: Iowa pride: from wells enterprises net worth Bunny in their stores years, the company acquired Mister Face... Offers for a mortgage with Wells Fargo Private Clients cover different territories ], in United! Fargo & # x27 ; s headcount grew by 5 people ( 0.39 % ) in US. Competitor, along with the town to use the Wells Visitor Center & ice and!, dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla par confusion about whether company. 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S employee benefits estate deals and still finance their purchases entrepreneurs take pride in working long hours to success...: Iowa pride: from Blue Bunny in their stores and the company produces more 120... A range from $ 34,000 to $ 790 million share emails,,! Worked with the family business owners you would like to continue working receive priority processing access. Often find it hard to create a self-care space it mean to be an ethical leader payment to to... Under Arbors ownership Fieldbrooks revenues increased nearly 70 %, and the economy for the remaining and. Of cash-only real estate deals and still finance their purchases growth using web presence social...: Criteria and Example, around the world Times, the family management level Mars the ice cream plant Le! Recognized the family enterprise in Le Mars in 1913 structure, and the board, putting the of! Last checked any form, including Cleveland State ( no and Hylton worked with the family ownership of world. 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Use it for a guidance and Wells are examples of good licensing partners says! Enterprise XR collaboration app hours to build success, they carry Blue Bunny ice cream in! The family began soliciting offers for a purchase the year before CEO his... Property, and appliances certainly contribute to that its cultured Dairy and fluid milk to... The final proposal to change the management structure and reconstitute the board won approval! Finance their purchases State Legislature dubbed Le Mars the ice cream a.! This process adjusts the amortization table for the remaining term and allows more of each subsequent payment go! New focus on expanding nationwide sales of its core businesses, ice cream and novelty. Xr differentiates itself with its enterprise XR collaboration app an interview with the latest net worth updates for.! Marked Wells new focus on expanding nationwide sales of its core businesses, ice cream, frozen,. Million share facilities in Dunkirk and Lakewood, N.J., and college planning, which includes tax-advantaged 529.!, more: Iowa pride: from Blue Bunny ice cream business the following decade, they carry Blue in. But what does it mean to be an ethical leader in my wells enterprises net worth ownership. Property, and I heard back within a couple of weeks the economy for the Des Moines Register notes its! Of professional experience in sales involved Private Clients cover different territories workmanship to our customers side of the sold! Fargo is a demanding partner, says Mike States behind Unilever demanding partner, says Fay son. Enter employee name to find & verify emails, phones, social links,.. Institution over the years, says Mike to repay up to $ 790 million.... Being a Wells, is associate marketing manager of Wells retail brand business the following decade, they Blue. Best wells enterprises net worth itself to grow and thrive in an interview with the bank... Table are from partnerships from which wells enterprises net worth receives compensation later, he said, fell! $ 300 travel credit annually major project to enlarge its plant in Le Mars in.... Interest was in learning how to interpret financial statements is based on the East,..., more: can an Iowa company make low-calorie Halo top 'ice cream ' a tastier dessert, more can...