Lifeway Foods Inc. reported today reported net sales were $160.1 million for the year ended December 31, 2023, an increase of $18.6 million or 13.1% versus the prior year.
The Unilever board is confident that the future growth potential of Ice Cream will be better delivered under a different ownership structure. Separation activity will begin immediately, with full separation expected by the end of 2025.
Eleven scholarships worth $2,500 each will be awarded, in addition to a $3,500 James H. Loper Jr. Memorial Scholarship to one outstanding recipient. NDB funds, in part, Dairy Management Inc. (DMI), which manages the national dairy checkoff program.
Two $2,000 scholarships will be awarded to current students pursuing a degree in a four- or two-year program. Three $2,000 scholarships will be awarded to high school seniors.
Hamdi Ulukaya, Founder and CEO of Chobani and Founder of the Tent Partnership for Refugees, has joined the Selection Committee for the Aurora Prize for Awakening Humanity, a $1 million global humanitarian award.
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.