News Wire
Edward Mullins has been appointed to succeed the late Roger Capps as executive vice president and chief executive officer of Carlinville, Ill.-based Prairie Farms Dairy Inc. Only the fourth CEO in Prairie Farms’ 68-year history, Mullins joined the cooperative in 1980, working in retail dairy sales. Since September 2003, he had served as senior vice president, reporting to Capps, who was CEO from October 2000 until his July 15 passing.
Lifeway Foods Inc., Morton Grove, Ill., has acquired Sauk Centre, Minn.-based Helios Nutrition Ltd., the
company’s top competitor in the market for kefir, the cultured dairy
beverage. Company officials say the acquisition strengthens Lifeway’s
presence in the rapidly growing market for organic dairy products, provides
a steady supply of organic milk through Helios’ organic dairy
subsidiary, and is expected to provide cost efficiencies by pooling the
purchase of raw materials. For the short term, Helios-brand kefir will
continue to be manufactured under Lifeway’s direction from
Helios’ existing 25,000-square-foot plant in Sauk Centre; all Helios
employees will be retained, with managers employed as consultants. Lifeway
expects to transition the Helios line into its main Illinois facility by
the end of the year.
Blue Ribbon Cheese Co., owned by American Dairy Parks
LLC, plans to construct a $225 million cheese
manufacturing facility in California’s San Joaquin Valley within an
hour of downtown Fresno. With production expected to begin by 2009, the
plant will produce Italian- and American-style cheeses, including
mozzarella and cheddar. The factory is expected to make up to 680,000
pounds of cheese per day.
ConAgra Foods Inc., Omaha, Neb., has sold its cheese business to Fairmount Food Group for an
undisclosed price, completing its plans to sell businesses that don’t
fit the company’s focus on higher-profit branded foods.
ConAgra’s cheese business, Swissrose
International Inc., markets several brands of
specialty and foodservice cheese.
Bravo Foods International
Corp., North Palm Beach, Fla., has announced
its Jasper production facility has reached monthly production of 7.5
million bottles, or 90-million-bottle annual capacity, for the
company’s flavored milk products. This increased production level
will satisfy the agreed upon supply obligation of Bravo to Coca-Cola
Enterprises Inc. (CCE), under its master distribution agreement with CCE.
Grafton Village Cheese
Co., Grafton, Vt., has announced plans to build
a new cheese production plant in southern Vermont as part of company
expansion that will place the new plant and retail space at the Retreat
Farm in Brattleboro. Both companies are part of the Windham Foundation, a
not-for-profit company that focuses on building and funding programs that
support Vermonters and the Vermont way of life. The expansion, in addition
to the cheese company’s current operation in Grafton, aims to double
its current annual production to 3 million pounds of cheese.
Ronkonkoma, N.Y.-based CoolBrands International Inc. has
received a warning from lender JPMorgan Chase Bank that it “reserves
the right” to terminate two credit agreements after CoolBrands failed
to meet earnings benchmarks. The frozen treat maker’s stock fell 37
percent in July after the company announced a subsidiary had violated an
April credit agreement lined up by JPMorgan Chase.
In July, Washington,
D.C.-based International Dairy Foods
Association (IDFA) issued failing grades to
current national dairy policies during the Senate Committee on Agriculture,
Nutrition and Forestry Oversight Hearing. Noting that most federal dairy
policies date back to the 1930s and ’40s, IDFA issued a lackluster
report card calling the outmoded programs “damaging, distorting and
divisive.” In other news, IDFA and the National
Milk Producers Federation (NMPF) expressed
concern last month over a proposal that would cut the availability of
affordable, nutrient-rich milk and milk products to disadvantaged families
under the Women, Infants and Children (WIC) supplemental feeding program.
The proposed rule was issued by the U.S. Department of Agriculture (USDA);
IDFA and NMPF will further express their concerns during the 90-day comment
period that began August 7. For more information, visit www.idfa.org.
Efficient Collaborative
Retail Marketing (ECRM) and the Food Marketing Institute (FMI)
have joined forces to enhance both organizations’ category-specific
events and bring increased efficiency to the sales and marketing process in
the grocery category for consumer packaged goods. The partnership
strategically joins two industry leaders: FMI recognized for its industry
leadership and solid membership base of more than 1,500 food retailers and
wholesales, and ECRM for its successful business meeting process.
Plymouth, Wis.-based Sartori
Food Corp. has completed the purchase of The Antigo Cheese Co. and Blackfoot Cheese Co.,
employee-owned manufacturers of aged Italian cheese, with facilities in
Antigo, Wis. and Blackfoot, Idaho. Sartori announced in June an asset
purchase agreement to acquire both cheese companies.
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