Processing Equipment & Systems, Automation, Control

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.

Dairy equipment like this is available regularly at auctions, but not often in southern Florida. Pic: ©GettyImages/BrianAJackson

New Mill Capital hosts fluid milk jug plant auction in Florida

By Beth Newhart

Machinery from a high volume fluid milk jug plant in southern Florida is up for auction this week, including milk silos, homogenizers and processors. Auctioneers New Mill Capital will oversee the online sale, open to all global customers.