Cream cheese manufacturer Franklin Foods is on a mission to reinvent cream cheese. The company produces for retail, foodservice and private label and is currently the third-largest cream cheese producer and second-largest private label cream cheese manufacturer in the United States, according to the company. It’s been in business and making dairy products for more than 100 years. And while retail sales of the category are dropping, the company is seeing exceptional growth, about 15% annually for the past 10 years. Last year, Franklin’s revenue reached $110 million. It was $93 million in 2013 and $80 million in 2012.
Partner and CEO/President Jon Gutknecht called Franklin Foods a private label company. Its output is 40% branded and 60% private label and it also does co-packing. Its customers are retail, retail private label, foodservice, industrial ingredients, custom applications and export.