National New Markets Fund, LLC an affiliate of Los Angeles-based SDS Capital Group, invested $17.5 million of its New Markets Tax Credit allocation into Chanhassen, Minn.-based Bongards Creameries.

This represents a 4.7% rise in dollar sales in all outlets from Jan. 1 to Dec. 31, 2023, versus the same period the prior year, according to the report.

The expansion of Rich’s Morristown facility will add 2,400 square feet of space, which will directly support enhanced production of its growing bakery business, serving national and regional grocery and club retailers. 

The FTC alleges that the deal is anticompetitive. But Kroger says the "proposed merger with Albertsons Cos. will produce meaningful and measurable benefits for customers, associates and communities across the country."

This milestone arrives shortly after the one-year anniversary of the destructive fire that swept through the Maine-based ice cream company’s production facility.

The Marble Slab Creamery locations are set to open over the next 10 years, with the first of the new locations slated to open by the end of 2024.

Reduced Fat Eggnog was awarded in the Specialty Dairy Beverage category.  

Brenda Dehart is responsible for developing and managing the cooperative’s financial strategy, planning analysis, and reporting of short-and long-term financial objectives with additional oversight of legal. 

Dairy Foods initially presented the award at DFA headquarters in Kansas City, Kan.

IDFA Foundation teamed with retailers and processors to donate more than 33,000 pounds of nutritious milk and dairy foods as well as $15,000 in financial contributions.