Items Tagged with 'Dairy 100'

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Investor news

Sales of dairy ingredients, butter set record at Land O'Lakes

Dairy sales also rose at Nestle, Arla and Kraft.
February 26, 2014

Land O'Lakes Inc., Arden Hills, Minn., said that its Dairy Foods business segment in 2013 generated record pretax earnings of $75 million on sales of $4.5 billion, up 8% from 2012. The results were driven by improved margins on milk powders and butter in Global Dairy Ingredients along with records in sales volume and earnings in the Retail Foods and Foodservice businesses.


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Corporate earnings

Q2 cheese revenues rise at Kraft; net revenues for the company down 1.1%

In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta
August 1, 2013
Kraft Foods Group, Inc. Northfield, Ill., reported today that net revenues in the second quarter declined 1.1% to $4.7 billion and that operating income increased 53.5% to $1.4 billion in the period. In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta.

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Quarterly earnings

Natural cheeses, Velveeta star in Kraft Foods Group's Q1 results

The company saw "significant consumption growth" in its natural cheeses and Velveeta business in the first three months of the year.
May 2, 2013

"We're off to a solid start," said Tony Vernon, CEO of Kraft.  "Our first quarter results reflect strong returns on our new product innovations to date, as well as the fact that our cost savings outpaced our plans to reinvest in our brands."


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Construction

Darigold completes construction of plant dryer in Lynden, Wash.

Darigold exports two thirds of its milk powder production and three-quarters of its whey products.
April 20, 2013

Seattle-based Darigold, the marketing and processing subsidiary of the Northwest Dairy Association, announced the completion of its new milk powder dryer at its Lynden, Wash., processing plant. A fire destroyed the dryer in February 2012.


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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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Agropur, Natrel Division USA, St. Paul, Minn.

 At its Natrel Division plant in St. Paul, Minn, Agropur makes rBST-free white and flavored milk, heavy whipping cream, half n half, buttermilk, organic milk, nutritional drinks and shakes and sport drinks. Nondairy beverages (soy, rice, coconut, and almond) coffee creamers, broth and sauces. 

BehindtheScenes

This photo gallery contains additional, unpublished photos of dairy processing facilities featured in Dairy Foods magazine. To view more Behind the Scenes galleries go to our archives page!

5/1/13 8:00 am EST

Food Safety Summit Conference & Expo - Live Webinar Sessions

On-Demand: The Food Safety Summit offers the opportunity to attend and participate in these selected sessions remotely by registering and joining in LIVE from your computer.

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THE MAGAZINE

Dairy Foods Magazine

april 2014 dairy foods

2014 April

A look inside Agropur; Plus we profile two cultured dairy companies.

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THE DAIRY FOODS STORE

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Tharp & Young on Ice Cream: An Encyclopedic Guide to Ice Cream Science and Technology

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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Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Dairy Foods Buyers Guide

cover df july 2013Resource for buyers in the dairy processing industry to find information on the leading suppliers and manufacturers.

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