Manufacturers

Grupo Lala's profits as reported were up by 13.4% compared to 2017, and milk remained the top-earning segment of the business.

Blue Diamond Almond Breeze products are coming to Mexico

By Beth Newhart

Grupo Lala announced this week that it reached a deal with Blue Diamond Growers to distribute Blue Diamond Almond Breeze almond beverages in Mexico. It also released fourth-quarter and full-year financial reports from 2018.

Dean Foods plans to invest in its core capabilities, technology, infrastructure, people and systems.

Sharp loss in profit forces Dean Foods to consider sale

By Beth Newhart

A disappointing fourth quarter for Dean Foods rounded out an under-performing 2018, causing the dairy giant to explore alternatives in its ‘business transformation.’ It is considering a joint venture, business combination or even a sale.

Motif’s biotech team will harness genetic science and fermentation technology to re-create and sell animal proteins and food ingredients, including those similar to dairy ingredients. Pic: ©Getty Images/gorodenkoff

Fonterra buys in to bio-engineered food company

By Jim Cornall

New Zealand dairy cooperative Fonterra has taken a stake in Motif Ingredients, a US-based food ingredients company that develops and commercializes bio-engineered animal and food ingredients.

Jarlsberg cheese plate kits will be given away throughout 2019 to draw in younger customers.

Looking to millennials to expand Jarlsberg brand in US

By Beth Newhart

Jarlsberg has been available in the US since the 1960s, and the company that produces it, Norseland (a subsidiary of Norwegian cooperative TINE), is attempting to extend what it says is a typical baby boomer audience to capture the interest of a younger...

Glanbia has acquired Watson, a US non-dairy ingredient solutions business.

Glanbia finalizes acquisitions, wraps up 2018

By Beth Newhart

Glanbia plc released its 2018 financials this week, revealing growing profits on the back of a few high-profile acquisitions. The nutritional ingredients and dairy business is dipping into the non-dairy sector and reorganizing its board of directors in...

Arla Foods CEO Peder Tuborgh, Chairman Jan Toft Nørgaard and CFO Natalie Knight answer questions at the 2018 annual results press conference.

Arla pays out all 2018 profits to farmers

By Beth Newhart

In its 2018 wrap-up report, Arla Foods announced that it would pay out its full net profit for 2018 of €290m ($329m) to farmers. It also discussed the progress of in-house cost-savings program Calcium and pending sustainability efforts.

General Mills expects the plant closure to cost roughly $130m.

General Mills to shutter yogurt plant in California

By Beth Newhart

General Mills is focusing on ‘restructuring actions’ in its yogurt business and closing a facility in Carson, Calif. The company also reaffirmed its end-of-year financial targets at an investor conference in New York.

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