Dean Foods: Difference between revisions
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In August, 2006, Dean Foods acquired Jilbert's Dairy, a 70 year old family run dairy business near [[Marquette, Michigan]] in the [[Upper peninsula]].<ref>[http://www.allbusiness.com/sector-31-33-manufacturing/food-manufacturing/1191588-1.html Report on acquisition of Jilbert's Dairy by Dean Foods]</ref> |
In August, 2006, Dean Foods acquired Jilbert's Dairy, a 70 year old family run dairy business near [[Marquette, Michigan]] in the [[Upper peninsula]].<ref>[http://www.allbusiness.com/sector-31-33-manufacturing/food-manufacturing/1191588-1.html Report on acquisition of Jilbert's Dairy by Dean Foods]</ref> |
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In December 2007, Dean Foods bought the [[ |
In December 2007, Dean Foods bought the [[Wells Dairy]] milk plant in [[Le Mars, Iowa]]. <ref>[http://www.desmoinesregister.com/apps/pbcs.dll/article?AID=/20071222/BUSINESS/712220320/-1/SPORTS12 Wells' Dairy to sell milk plant to Dean Foods - December 22, 2007]</ref> |
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==Consumer Concerns== |
==Consumer Concerns== |
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Revision as of 01:34, 11 October 2008
| Dean Foods Logo | |
| Company type | Public (NYSE: DF) |
|---|---|
| Industry | Agribusiness |
| Founded | 1925 |
| Headquarters | |
Key people | Gregg L. Engles, CEO & Chairman of the Board |
| Products | Milk, Soymilk |
| Revenue | USD$11,821 Million (2007)[1] |
| USD$553 Million (2007)[2] | |
| USD$131 Million (2007)[3] | |
| Total assets | USD$7,033 Million (2007)[4] |
| Total equity | USD$51 Million (2007)[5] |
Number of employees | 27,030 (December 4, 2006) |
| Website | deanfoods.com |
Dean Foods NYSE: DF is the largest dairy processor and distributor in the world.[1][2] Dean Foods sells more milk in the U.S. than any other company. The company is based in Dallas, Texas.
History
The company was founded in 1925 by Sam Dean, Sr. as Dean Evaporated Milk Company in Pecatonica, Illinois.[6]
Dean Foods grew throughout the 1980s and 1990s by purchasing many regional milk companies. In 2001, Dean Foods, then the second-largest milk company, was purchased by Suiza Foods, then the largest. The resulting merged company was named Dean Foods, making it the largest milk company by far.
The company has 27,000 employees.[7]
Brands
They are the largest producer of soy milk in the United States, owning a second soy milk brand as well (Sun Soy). Their brands also include organic and non-dairy milks such as Horizon Organic.
Their subsidiary White Wave Foods is the distributor of Silk soy milk, Horizon Organic dairy products, International Delight creamer, some Land O'Lakes dairy products, Hershey's milk products, and Rachel's yogurt (both in the UK and the US). The company's TofuTown brand and its various tofu products were acquired by the Hain Celestial Group in June 2007.
In addition, Dean Foods owns many other brands. Dairy products with any of the following brand names are owned by Dean: Adohr Farms, AltaDena, Barbe's, Barber's, Berkeley Farms, Borden, Broughton Foods Company, Brown's Dairy, Celta, Country Delite, Country Fresh, Creamland, Dairy Ease, Dairy Fresh, Dean Foods Ultra, Gandy's, Garelick Farms, Hygeia, Ideal Dairy, Jilbert's Dairy, Lehigh Valley Dairies, Liberty Dairy (in Evart, Michigan, and available mainly at Meijer Stores), Louis Trauth, Mayfield Dairy, McArthur Dairy, Meadow Brook, Meadow Gold, Model Dairy, Oak Farms, PET Evaporated Milk, Price's, Purity, Reiter, Robinson Dairy, Schenkel's, Schepps, Shenandoah's Pride, Swiss Farms, T.G. Lee, Tuscan Dairy Farms, and Verifine. Dean Foods also carries the The Hershey Company brand of milkshakes. It licenses the Land O'Lakes brand, selling creamers and fluid dairy products under the name.[8] Many brands of pickles are produced by Dean, including 80% of store-brand pickles. Dean also owns miscellaneous brands of sauces, olives, instant breakfasts, and other edibles.
Development
Dean Foods reached internet phenomenon status on August 9th, 2006, when The New York Times published an article relating to users of YTMND.com leaving humorous reviews on a gallon of "Tuscan Whole Milk" available on Amazon.com. Tuscan is a brand under the Dean Foods corporation.
In August, 2006, Dean Foods acquired Jilbert's Dairy, a 70 year old family run dairy business near Marquette, Michigan in the Upper peninsula.[9]
In December 2007, Dean Foods bought the Wells Dairy milk plant in Le Mars, Iowa. [10]
Consumer Concerns
Several of Dean Food, Co.'s subsidiaries (such as White Wave Foods and Horizon Organic) and associated brands such as Aurora (Aurora not being owned by Dean) have come under controversy as USDA investigations have filed 14 willfull violations of the federal laws which govern organic foods.[11] Thus, the organic status of the brands are currently in contention pending further federal investigation. The Organic Consumers Association has also led an economically effective boycott for these and other reasons.[12] Also, in 2007, 16 farmers in the Southeast United States, National Dairy Holdings and Dairy Farmers of America (both dairy farmer's cooperatives in the Southeast) have filed suit against Dean Foods, Co. under allegations that the company has been actively involved in price-fixing.[13]
Notes
- ^ DF - Dean Foods Company - Google Finance
- ^ DF - Dean Foods Company - Google Finance
- ^ DF - Dean Foods Company - Google Finance
- ^ DF - Dean Foods Company - Google Finance
- ^ DF - Dean Foods Company - Google Finance
- ^ profile in International Directory of Company Histories, Vol. 21. St. James Press, 1998 (via fundinguniverse.com)
- ^ Dean Foods website
- ^ Quarterly Report . Yahoo Finance. May 10 2007. Retrieved May 18 2007.
- ^ Report on acquisition of Jilbert's Dairy by Dean Foods
- ^ Wells' Dairy to sell milk plant to Dean Foods - December 22, 2007
- ^ Halloween Trick: USDA lets Dean Foods/Horizon "Organic" Factory Farms off the Hook
- ^ Dean Foods & Horizon Organic Feeling the Heat from OCA's Boycott : Stock Market Price Falls 11%
- ^ Horizon Organic Parent Corporation, Dean Foods, Sued for Alleged Price Fixing
External links
- Dean Foods Corporate Website
- "Tuscan Whole Milk" on Amazon.com
- Tuscan Dairy Farms Website
- WhiteWave Website
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