The earnings were helped by the acquisition of the remaining 50% equity interest in DairiConcepts, a manufacturer of cheese, dairy ingredients and dairy flavor systems.
March 22, 2017
The dairy cooperative Dairy Farmers of America said 2016 sales fell 2% to $13.5 billion as net income rose 40% to $38 million. The retail and fluid milk/ice cream divisions also grew.
Dairy cooperative Land O’Lakes attracts employees who believe in agriculture and a mission of feeding a growing population, says COO Beth Ford. She elaborates in our All Things Dairy podcast.
The alliance will reduce operating costs and maximize returns for their farmer-members, the co-ops said.
July 30, 2014
Foremost Farms USA and Michigan Milk Producers Association announced today that the two cooperatives have formed a strategic alliance for the purpose of balancing and adding value to their members’ milk supplies in Michigan, Indiana and Ohio.
A cheddar plant in Kiel will be expanded; an Italian cheese plant in Denmark will close on July 1.
May 1, 2014
Land O'Lakes Inc. announced today that it is buying silos, vats and other equipment totaling millions of dollars for its Kiel, Wis., cheese plant. Meanwhile, it will close its Denmark, Wis., plant on July 1.
Cheese sales increased 7% while butter sales rose 3%.
March 25, 2014
Associated Milk Producers Inc. (AMPI) announced Monday that the dairy marketing cooperative recorded sales of $1.8 billion and earnings of $7.5 million in 2013. American-style cheese production totaled 400 million pounds in 2013.
Rowe said union members are currently paying 5% of health care costs. Darigold has assured the union that they would not pay more than 10%.
September 18, 2013
Darigold Inc., Seattle, disputed the assertion made by the Teamsters today that it walked out of federal mediation talks late Monday night. Darigold General Counsel and Senior Vice President Steven Rowe told Dairy Foods that some members of the dairy cooperative's team did leave the meeting but continued to participate by telephone after they arrived home. Rowe said the bargaining session lasted from 10 a.m. to 11 p.m.