US standards of identity for dairy have “served to limit the size of the domestic market” by protecting existing categories at the expense of new, innovative products, WhiteWave Foods chairman and CEO Gregg Engles has claimed.
US dairy giant Dean Foods plans to speed-up the efficiency-driven closure of up to 15% of its processing facilities in an effort to offset the impact of increasing market competition and its falling share of fluid milk sales in the country.
Dean Foods has announced plans to close its Springfield, Virginia dairy plant within the next two months - a move which will see the end of its Shenandoah’s Pride brand and eliminate 110 jobs.
US dairy giant Dean Foods has approved the spin-off of a portion of its remaining stake in The WhiteWave Foods Company to its shareholders – a move that will leave the Dallas-based dairy processor with a minority stake in the company.
US dairy giant Dean Foods plans to “accelerate” its existing cost reduction efforts in 2013 in an attempt to minimise the impact of an anticipated decline in private label milk volumes.
US dairy giant Dean Foods has announced plans to close its Oak Farms processing plant in Shreveport, Louisiana later this year – citing the pressures of operating in a “highly competitive marketplace.”
Dean Foods has launched a high-protein, long-life version of its popular TruMoo flavoured milk range in an attempt to meet increasing US consumer demand for protein-enriched beverages.
US dairy giant Dean Foods has elected Robert Wiseman, the former managing director of UK dairy processor Robert Wiseman Dairies, to its Board of Directors – through which it hopes to benefit from Wiseman’s “deep dairy experience.”
US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012 – a result it has attributed to better “cost control and effective pricing” from its Fresh Dairy Direct business.
Dean Foods has developed a reduced-sugar version of its popular TruMoo chocolate milk product in an attempt to increase the “nutritional value” of the product in the eyes of mothers and schools.
Dairy Farmers of America (DFA) has agreed to pay $158.6m to settle a 2007 lawsuit that alleged it conspired with Dean Foods and others to suppress raw milk prices across 14 Southeast US states.
The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.
