Franklin Baker
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    HistoryLegacy of Superior Quality The story of the Franklin Baker Company begins in 1895, when Mr. Franklin Baker, a flour miller, saw the enormous potential of desiccated coconuts in the U.S. market. Looking for a primary source of coconuts, he came to the Philippines. In 1921, he and his son, Franklin Baker Jr., put up plant facilities in Sta. Mesa, Manila. In 1927, General Foods Corporation acquired the company. Plant facilities were transferred to San Pablo, Laguna, where coconut plantations were abundant. In 1968, General Foods put up another plant for Franklin Baker in Davao to ensure steady coconut supply for all its local and international customers. In 1987, Philip Morris, which owned General Foods, bought Kraft. The Franklin Baker desiccated coconut products were put into the Kraft Food Ingredients Group. The Franklin Baker desiccated coconut products were branded as Baker’s. In 2004, Kraft, realizing that coconut products were not totally aligned with its core businesses, decided to sell the Franklin Baker industrial product lines. Out of the many companies that put in their bids, Kraft selected one company… Andorra Ventures Corporation or AVC. Andorra Ventures Today, the legacy of Mr. Franklin Baker, Sr., originally begun in 1897, continues. To this day, the name of Franklin Baker equates with superior coconut products. Andorra Ventures Corporation is an investment company that was set up in 2005. It was established primarily to manage the annual US$100,000 Robert V. Chandran Venture Capital Award. This Award is a five-year commitment beginning in 2005 to provide angel capital financing up to US$100,000 to deserving business ventures of MBA students of the Asian Institute of Management. In addition to managing the award, Andorra Ventures Corp. serves as the vehicle for Philippine investments for Andorra Services Limited, Hong Kong, which is into shipping and shipping-related businesses. Andorra Ventures Corp. is also affiliated, through Mr. Chandran, with the Chemoil Group of Companies, the world’s largest independent bunker fuel supplier, with diversified interests in oil trading, shipping and oil terminals in the United States, Panama, Monaco, Rotterdam, Antwerp, and Singapore.Other InformationA Superior Product’s Applications Are Limitless Working With Our Partners For Exciting New Recipes And Uses At present, the applications for desiccated coconut products are already wide and varied. But the possibilities are virtually unlimited. At Franklin Baker, we work closely with our business partners to explore new recipes and culinary/confectionary creations that employ any and all of the various desiccated coconut products we produce.