Hulman & Company

Hulman & Company is an American private, family-owned, company founded in 1850 by Francis T. Hulman as a wholesale foods supplier of groceries, tobacco, and liquor, headquartered in Terre Haute, Indiana. Throughout the early half of the 20th century, Hulman & Co. became nationally known for its Clabber Girl baking powder which it began producing in 1899. In 1945, the company purchased the Indianapolis Motor Speedway, in what many thought was an unusual investment for a company with a rich history in the food and beverage industry and owned the speedway until its sale to Roger Penske in 2019.