Harold Price began his career with the Joe Lowe Corporation, a bakery and ice cream supply business, in 1928, after earning a B.S. in economics from the Wharton School. By 1938 he had formed a highly successful subsidiary of the company called Cottage Donuts.
"At its peak, Cottage Donuts sold 100,000 donuts per day, produced in 19 plants throughout the United States."
At its peak, Cottage Donuts sold 100,000 donuts per day, produced in 19 plants throughout the United States. During World War II, Price administered the national program for the conservation of honey for the War Productions Board in Washington, D.C. In 1965, following successful expansion of the Joe Lowe Corporation, Price negotiated a merger for stock with Consolidated Foods Corporation. He ran the Lowe division and served on the Consolidated board for four more years. Price then became a consultant and retained a sizable stock position with Consolidated Foods and its successor, Sara Lee.