Creamed Caramelized Pearl Onions - cooking recipe

Ingredients

30 ounces frozen pearl onions (2 - 16oz bags)
3 tablespoons margarine or 3 tablespoons butter
2 tablespoons all purpose flour
2 cups reduced fat 2% milk
3 sprigs fresh thyme
1 bay leaf
1/8 teaspoon freshly ground nutmeg
1/2 teaspoon salt
1/4 teaspoon freshly ground black pepper

Preparation

In 12\"-inch skillet, cook frozen onions on medium-high 18-20 minutes or until liquid releases and then evaporates and onions brown, stirring occasionally. Add margarine; reduce heat to medium-low. Cook 4 minutes or until onions are tender, stirring and scraping pan occasionally.
Add flour; cook 1 minute, stirring. Add milk in slow, steady stream, stirring constantly. Add thyme and bay leaf; heat to boiling on medium, stirring occasionally. Simmer 5 minutes or until mixture is creamy and thickened, stirring.
Season with nutmeg, salt, and pepper. Remove and discard thyme and bay leaf. Serve hot.