The factory produces Nestlé branded products such as Nido, Nescafé, Cerelac and Maggi.
March 26, 2013
Over the past two decades the annual amount of milk collected has increased from 6.6 million liters to 80 million liters, sourced from around 16,000 farmers. The factory produces Nestlé branded products such as Nido, Nescafé, Cerelac and Maggi.
Cheese production grew by 11 million pounds, butter by 5 million pounds.
March 25, 2013
AMPI’s core products were the cooperative’s top performers in 2012. Cheese production, which represents 57% of total sales, grew by more than 11 million pounds as compared to one year earlier. Butter production continued to grow steadily, increasing 5 million pounds.
CEO Rick Smith says, "We are in a position to manage the short-term impact of these non-recurring items on our overall balance sheet.”
March 21, 2013
Dairy Farmers of America reported today its net income increased more than 100% in 2012 — $83 million for 2012, compared to $40 million for 2011 — but after non-recurring items, DFA reported a net loss of $133 million for the year.
In the Bakeries and Foodservice segment, the Yoplait Parfait Pro yogurt line made a strong contribution to third-quarter sales.
March 20, 2013
The company said products making the strongest contributions to U.S. Retail net sales growth in the third quarter included new items such as Yoplait Greek 100 yogurt.
Total sales for the dairy co-op were a record $14.1 billion.
February 26, 2013
Land O'Lakes Inc. reported 2012 sales of $14.1 billion (up 10.2% from 2011) and net earnings of $241 million (up 31%). Both are records. Additionally, three of the business segments achieved record sales, and the Crop Inputs segment had record earnings in addition to record sales.
The affected plants are in Heiden, Germany, and Newcastle Emlyn, Wales.
February 25, 2013
Saputo announced the closure of its cheese manufacturing plant in Heiden (Germany) and enters into a 30-day consultation period for the proposed closure of its facility in Newcastle Emlyn, Wales (United Kingdom). The two plants were acquired in 2006 and 2007 respectively
Higher milk costs resulting from amendments to the milk pricing formula in California are expect to negatively impact EBITDA over the next four months.
February 14, 2013
The Dairy Products Division (Canada) continues its investment strategy in product categories that offer growth potential, namely specialty cheeses and value-added milk products. The USA Dairy Products Sector continues to seek opportunities to mitigate the effect of higher milk costs resulting from amendments to the milk pricing formula in California.
The company plans to continue to build on its Coffee Creamers and Beverages platform by expanding its International Delight Iced Coffee product line with a new “lights-line” with 100 calories.
February 13, 2013
The Dean Foods spin-off said 2012 sales were about $2.3 billion.