Saputo’s second quarter consolidated revenue of $881 million (USD), was down $36.7 million compared to last year. The drop was attributed to the lower cheese prices in the U.S. Dairy Sector. Net earnings were $58.3 million up $3.1 million for the period.
Bravo! Brands has signed a licensing agreement with Cooperative Regions of Organic Producer Pools (CROPP) to license its brand, Organic Valley, for a new line of organic fluid milk products. The initial agreement will involve the production of organic shelf stable 1% low-fat milk.
Trade Wave GmbH, Kassel, Germany, is a prominent name in the ice cream and food industries in Europe and the Middle- and Far East that is now making its products and services available to the North American Market.
Groupe Danone has increased its stake in Wimm-Bill-Dann Foods, Russia’s leading producer of juice and dairy products from 9.9% to 12.9%. The announcement came last month as the Russian partnership completed the acquisition of the Moscow-based dairy producer Ochakovo, the fourth-largest dairy producer in Russia.
SACRAMENTO, Calif.-Diabetes, which leads to other health risks and complications, is twice as common among Hispanic Americans as among Caucasian Americans, according to the American Diabetes Association.
CHELSEA, Mass.-What would the state of New Hampshire taste like if it were transformed into a frozen dessert? According to HP Hood, like a mix of vanilla malt ice cream swirled with chocolate malt and crunchy malt balls.
DCI Cheese Co., which acquired Green Bay Cheese Co. earlier this year, plans to consolidate its cheese processing operations, closing a plant in Mayville, Wis., and expanding another in Suamico, Wis.
New England grocery chain Hannaford Brothers has developed a system called Guiding Stars that rates the nutritional value of nearly all the food and drinks at its stores from zero to three stars.
Utah-based Gossner Foods is among the latest dairy processors going rBST-free. Beginning Jan. 1, the company’s Logan, Utah plant will no longer accept milk from treated cows, and its Heyburn, Idaho plant will follow in April. Gossner’s California plant has never accepted milk from cows treated with the synthetic hormone.
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