U.S. dairy exports set new volume and value records again in 2022. This feat was accomplished despite high inflation and a host of other challenges to international trade, according to the U.S. Dairy Export Council (USDEC), Arlington, Va.
The transaction is expected to close in 2023's second half.
April 3, 2023
In line with Saputo's Company’s Global Strategic Plan, this intended divestiture will enable Saputo to further streamline its operating model, adjust its manufacturing network to strengthen market competitiveness, and allow it to reinvest in areas of the business that will result in more value creation opportunities.
Proceeds from this important event go to fund the six worthwhile causes sponsored by FPSA’s vertical industry councils.
March 31, 2023
The 2024 FPSA Auction is scheduled to take place on March 27, 2024, at the FPSA Annual Conference at the Renaissance Esmeralda Resort in Indian Wells, Calif.
Chris Hackman currently serves as senior vice president of operations, and on April 1, he will succeed Gary Aggus.
March 29, 2023
Chris Hackman currently serves on the Missouri State Milk
Board Advisory Committee, Missouri Dairy Products Association Board of Directors (board president from
2008-2010), and the All Star Association Board of Directors (board president in 2016).
Together with Vanguard Renewables, Vermont Creamery is making significant strides towards food waste reduction.
March 29, 2023
In August, Vermont Creamery formally joined the Farm-Powered Strategic Alliance, a group of food and beverage companies committed to reducing food waste and sourcing renewable energy.
Net sales were $141.5 million for the year ended December 31, 2022, an increase of $22.5 million.
March 27, 2023
increase was primarily driven by higher volumes of its branded drinkable kefir and the impact of price increases implemented during the year, company stated.
DFA’s net sales totaled $24.5 billion for 2022, compared to $19.3 billion in 2021, a year over year (YoY) increase of $5.2 billion or 26.8%.
March 22, 2023
DFA continued to expand its commercial investments in 2022. The Cooperative acquired two
extended shelf-life (ESL) beverage processing facilities, located in Richmond, Ind., and Pacific, Mo.,
from SmithFoods.
The Decatur plant was previously owned by Prairie Farms.
March 21, 2023
The Decatur facility, to open in 2024, will be Tillamook County Creamery Association's first owned and operated manufacturing facility outside of Oregon and its only facility solely dedicated to ice cream production.