Saputo reports that net earnings for the quarter totaled $129.8 million (Canadian), an increase of $17.7 million or 15.8%
Dean Foods Co. announced a loss of $0.05 per diluted share in the fourth quarter 2011, compared to a fourth quarter 2010 loss of $0.11 per diluted share
Agri-Mark will receive the New York Dairy of Distinction 2012 'Business of Distinction' award at a special ceremony on Aug. 27 at the New York State Fair in Syracuse, NY.
"We're pleased to announce that Agri-Mark has been named our 2012 'Business of Distinction'," said Nancy Putman, Secretary of Dairy of Distinction's New York chapter. "Agri-Mark and its Cabot and McCadam dairy brands exemplify the very best in the dairy industry."
During the first quarter of 2013, General Mills launched more than 100 new products worldwide. Established brands, including Yoplait Greek yogurt, also contributed strong sales gains, according to the company's press release. Still, sales for Yoplait declined, according to a company press release.
Byrne Dairy, a family-owned manufacturer and distributor of milk, dairy, and ice cream products, announced today that it has entered into an option agreement with the Cortland County Industrial Development Agency as a first step in its proposed development of a yogurt plant and agritourism center at Finger Lakes East Business Park in New York town of Cortlandville.
Agropur is investing more than $100 million in its Luxemburg plant in Wisconsin in order to significantly increase the production capacity.
Organic Valley, the nation’s largest cooperative of organic farmers and a leading organic brand, said this week that sales increased to $860 million in 2012 from $715 million in 2011, a 20% growth.
Fourth quarter consolidated operating income totaled $83 million, compared to a consolidated operating loss of $50 million in the fourth quarter of 2011. Pro forma adjusted fourth quarter consolidated operating income in 2012 totaled $157 million, a 16 percent increase from the $135 million reported in the fourth quarter of 2011.
Agropur, the owner of Natrel, Québon, OKA, Sealtest and Island Farms and other brands, said sales increased 5.1%.
The third-generation, independently owned dairy processor manufactures milk, buttermilk, sour cream, juices, iced teas and fruit punches at its plant in Portland, Maine. It is also a leader in energy conservation.
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An at once an all-inclusive guide to the meaning of hundreds of technical terms and ideas needed for ice cream manufacturing, as well as a practical introduction to the ingredients, freezing methods, flavoring, and packaging of ice cream, sherbet, sorbet, gelato, frozen yogurts, novelties and many other kinds of frozen desserts.
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