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    Home » Dairy 100

    Articles Tagged with ''Dairy 100''

    The name game

    Roberts Dairy brand to disappear in May when products will be produced under the Hiland name

    In January, products from the Coleman Dairy division were changed to the Hiland label.
    April 12, 2013

    The Roberts Dairy brand will be discontinued in May when the dairy's milk and dairy products will be marketed under the Hiland Dairy Foods label. In a statement, Hiland said "the move will solidify the synergy between two of the country’s finest dairy producers, under one name."


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    Corporate earnings

    AMPI reports $1.7 billion in sales in 2012

    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. 


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    Corporate earnings

    Net income more than doubles, but DFA reports loss for the year

    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. 


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    Corporate earnings

    Yoplait for retail, foodservice customers contribute to General Mills' Q3 gains

    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.


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    Acquisitions

    Glanbia buys a Sartori cheese plant in Idaho

    “This acquisition further demonstrates Glanbia’s commitment to innovation and to the long-term sustainability of dairy in Idaho,” said Jeff Williams, President and CEO.
    March 19, 2013

    “This acquisition further demonstrates Glanbia’s commitment to innovation and to the long-term sustainability of dairy in Idaho,” said Jeff Williams, President and CEO of Glanbia Foods. “This manufacturing plant represents the ‘right size’ cheese plant that will allow us to take new product development out of our Cheese Innovation Center to commercial scale in a reduced time cycle,” continued Williams.  


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    Construction

    Fonterra plans a UHT plant to meet Asian demand

    'Products from the new plant will be bound for Asia markets and that will allow us to concentrate all our domestic UHT production – including Fonterra Milk for Schools – at Takanini in Auckland,' an executive says.
    March 19, 2013

    Fonterra Chief Executive Officer Theo Spierings said the new plant would enable the co-operative to meet growing demand for UHT products in Asia. “The new plant will enable us to increase our UHT production by 100% over the next few years. 


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    Plant closure

    Saputo will close Quebec cheese plant in 2014

    Last month, the international cheesemaker shuttered its factory in Wales.
    March 15, 2013

    Saputo Inc., Montreal, announced on March 14 that it will close its cheese manufacturing facility in Warwick, Quebec, Canada, in June 2014. 


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    Annual report

    Dairy food sales tumble 4% at Land O'Lakes; total sales rise 10.2%

    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.


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    Earnings

    Nestle's sales of milk products, ice cream increased 5.7% in 2012

    The coffee and creamers businesses performed well in categories that are enjoying good growth.
    February 14, 2013

    Sales of milk products and ice cream increased 5.7% in 2012.


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    Earnings

    Q3 revenues for Saputo increase a scant 0.2%; company looks to value-added milks, specialty cheeses

    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.


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