MONTREAL-Saputo Inc. is bolstering its market leader position for string cheese in the United States with a $23.9-million acquisition of Schneider Cheese Inc., Waldo, Wis. Schneider makes string cheese and cheese sticks under the Schneider brand name and private labels, with annual revenue of about $40 million.
Last month marked the fifth anniversary of the founding of Dairy.com. Following strong 2004 performance in which Dairy.com experienced high revenue and earnings growth, the company kicked off 2005 with an outstanding first quarter with record numbers of member companies (274), postings (over 20,000 loads), transactions (nearly 8,000), revenue, and a powerful new set of emerging solutions.
Cheese whats? The Wisconsin Milk Marketing Board and A&W All American food are taking a favorite Wisconsin treat outside of the Dairy State. Wisconsin Cheese Curds have been added to
Star Spangled Ice Cream, which calls itself "the conservative alternative to Ben & Jerry's," donated $1,000 to the Navy League of the United States during the annual TalkFest radio talk show convention May 20 on the campus of Old Dominion University, Norfolk, Va.
Kraft Foods Chief Executive Roger Deromedi says the company's "sustainable growth plan" is working and he's sticking with it. Speaking with analysts last month, Deromedi increased the company's earlier profit projection of $1.73 to $1.78 per share, and predicted profit margins would improve in 2006.
MIDDLETOWN, Md.-A Maryland dairy farm family has recently become a milk processor-and one providing home delivery-in an attempt to maintain the viability of its 200-acre farm.
Starbucks Cheese Starbucks has rolled out a new artisanal cheese box to 340 of its upscale coffee shops in New York, New Jersey and Connecticut. The company partnered with celebrity
Japan's three major dairy producers reported record group pretax profits for fiscal 2004 as they reaped the benefits of streamlining their businesses and revamping their product lines.
Dairy processors have been in the news lately for making substantial charitable contributions. Turner Dairy Farms, Pittsburgh, is celebrating its 75th anniversary and marking the occasion with a $50,000 donation pledge to Pittsburgh's Forbes Health Foundation.