- DAIRY PRODUCTS
- WEB EXCLUSIVES
Mexico's Grupo Lala said sales increased 7% to $3.2 billion. The dairy processor attributed the growth mainly to a higher value-added product mix, to non-organic growth as a result of new products and brands in the portfolio, to volume growth and to the company´s price increase strategy.
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.
Dairy Farmers of America has acquired Oakhurst Dairy, a family owned dairy processor in Portland, Maine.
The Washington, D.C.-based Consortium for Common Food Names (CCFN), is denouncing a court ruling in the United Kingdom that declared only yogurt made in Greece could be labeled as "Greek yogurt."
Saputo Inc.has entered into an agreement to acquire the fluid milk activities of Scotsburn Co-Operative Services Limited based in Atlantic Canada.
Friendly's Ice Cream, Willbraham, Mass., also announced new breakfast, lunch and dinner meals, many of which contain dairy foods.
Hilmar Cheese Co., said the expansion at its cheese and whey processing facility in Dalhart, Texas, is nearing completion.
Responding to grocer Whole Foods decision to drop Chobani, the founder of the top-selling Greek yogurt brand downplayed the news, saying in a statement that "though we have very limited distribution within Whole Foods, they have been an important partner of ours over the years."
Yoplait blended Greek yogurt and other new food items contributed to net sales growth of General Mills in the first half of its fiscal year, the food giant reported today.
Greek yogurt processor Chobani Inc., New Berlin, N.Y., said today that its Twin Falls, Idaho, facility has reached optimal production capability. It termed it "a significant milestone achieved in less than a year."