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.
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 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.”
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.