Top 100 - Articles - Page 11

Earnings statement

Coffee creamer sales boost Q3 for Dean Foods

But Fresh Dairy Direct fluid milk volumes declined 1.4% on a year-over-year basis.

November 8, 2012

Dean Foods reports strong Q3 results and says there is "continued strong performance across all segments."

Earnings report

Q3 operating income, net revenues rise for new Kraft Foods Group

Kraft natural cheese, Philadelphia and Velveeta drove strong volume/mix gains.

November 7, 2012

Net revenues in the third quarter grew 3.0 percent to $4.6 billion. Organic Net Revenues increased 3.2 percent from volume/mix gains of 2.6 percentage points and favorable pricing of 0.6 percentage points, reflecting significant gains from new products.

Asset sale

Swiss Valley Farms sells a Wisconsin facility to Tritent International

Swiss Valley Farms said the Platteville facility had been non-operational after the dairy cooperative transferred production of its Baby Swiss wheels, loaves and no-salt-added Swiss blocks to White Hill Cheese, Shullsburg, Wis., in October 2011.

October 9, 2012

Swiss Valley Farms, Davenport, Iowa, said it sold its Platteville, Wis., cheese manufacturing facility to Tritent International Agriculture Inc., Chicago. The sale became effective Sept. 18, 2012. Details of the transaction are not being publicly disclosed.

Salt talks

Kraft says it is meeting its sodium-reduction goals in cheese, other foods

The CPG giant eliminates more than 14 million pounds of salt in over 1,000 SKUs.

September 27, 2012

Sodium in Kraft Singles American Slices has been reduced 18%. The figure is 30% in Kraft Easy Mac Cups Original and Triple Cheese. Other cheese products with sodium reduction of more than 10% are Kraft Grated Parmesan Cheese and Breakstone's 2% Cottage Cheese.

Strategies

Dean Foods thinks about selling its Morningstar unit

It would sell only "if it can do so in a transaction that maximizes shareholder value and helps ensure the future success of the business."

September 26, 2012

The nation's largest dairy processor, Dean Foods, says it "recently decided to explore a transaction that may result in the sale of the Morningstar business."

Organics

Kroger extends organic brand, including milk and yogurt, nationwide

. Simple Truth and Simple Truth Organic products are free from 101 artificial preservatives and ingredients.

September 24, 2012

The Kroger Co. announced nationwide availability of its new Simple Truth and Simple Truth Organic brands. Dairy categories include milk and yogurt; other categories are salads, dried fruit, sodas, chips and quinoa. Simple Truth and Simple Truth Organic products are free from 101 artificial preservatives and ingredients that some customers have said they do not want in their foods. Simple Truth Organic products are certified organic by the USDA.

Earnings report

Yoplait Greek yogurt shows gains, but the division's total 1Q sales decline, reports General Mills

Yoplait Greek yogurt saw 'strong sales gains' but overall sales for the Yoplait division declined.

September 19, 2012

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.

Awards

Agri-Mark honored as 'Business of Distinction' by New York dairy organization

The award is presented to the dairy co-op "in recognition for all it has done to support and promote the dairy industry throughout New York State, and across the nation."

August 20, 2012

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."

Dean, Nestle, Saputo retain top spots on the Dairy 100

We identify North America’s largest processors of milk, cheese, ice cream, yogurt and other dairy foods. Dallas-based Dean Foods Co. sits atop our 19th annual Dairy 100.

James Carper

August 14, 2012

The dairy processing industry in 2011 was marked by changes in ownership and in the executive suite. Processors were busy introducing new products and expanding their production plants. But one thing did not change: Dallas-based Dean Foods Co. remains the top dairy processor (based on sales) in the 19th annual Dairy 100, Dairy Foods’ ranking of North America’s largest processors of milk, cheese, ice cream, yogurt and other dairy foods.

Management changes