Largest dairy processors - Articles - Page 2

The Dairy 100

Enhanced Dairy 100 report links companies to websites, annual reports

Clicking on the company name takes you to that dairy processor’s website. Annual reports and financial information for public companies are one click away.

August 15, 2014

Dairy Foods has enhanced its 2014 report of the largest dairy processors. Visitors to the 2014 Dairy 100 can link to company websites directly from the listing. We have also provided links to annual reports and other financial information for publicly held dairy processors.

Acquisitions

Dairy Farmers of America acquires Oakhurst Dairy of Maine

Three generations of the Bennett family have run the independent dairy since the 1920s.

James Carper

January 31, 2014

Dairy Farmers of America has acquired Oakhurst Dairy, a family owned dairy processor in Portland, Maine.

Acquisitions

Saputo buys Scotsburn Co-operative of Nova Scotia

The Scotsburn Fluid Milk Business operates two fluid milk processing facilities located in Sydney, Nova Scotia, and Mount Pearl, Newfoundland.

January 18, 2014

Saputo Inc.has entered into an agreement to acquire the fluid milk activities of Scotsburn Co-Operative Services Limited based in Atlantic Canada.

Big cheeses (and others)

Nestlé USA takes the top spot on the Dairy 100

Dean Foods loses its No. 1 spot because it sold Morningstar to Saputo and spun off WhiteWave. Nestlé is the largest publicly held firm, Schreiber Foods is the largest privately owned business and Land O'Lakes is the top dairy co-op.

James Carper

August 6, 2013

Nestlé USA is North America's largest dairy processor, bumping off Dean Foods Co. which held the spot for at least half of the 20 years that Dairy Foods has been compiling the Dairy 100.

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.

Acquistions

Dean Foods to sell Morningstar Foods division to Saputo Inc.

The $1.45 billion deal is expected to close by the end of the year.

December 3, 2012

Dean Foods Co. is selling its Morningstar Foods division to Saputo inc. for $1.45 billion on a debt-free basis. The transaction is expected to close by the end of December 2012.

Investment

Agropur plans $100 million investment in Wisconsin plant

This investment will increase the production capacity, improve the technology of the whey processing facility and wastewater treatment system.

November 26, 2012

Agropur is investing more than $100 million in its Luxemburg plant in Wisconsin in order to significantly increase the production capacity.

Hopping aboard the yogurt train

Byrne Dairy plans to build yogurt plant, agritourism park

If the stars align and the approvals come through, Byrne will break ground in mid-2013.

October 31, 2012

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.