MURRAY Goulburn Co-operative (MG), an Australian dairy company, plans to invest AUD200 million (USD211 million) over the next three years on UHT milk, butter/spreads and cheese manufacturing facilities.
Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.
Australian dairy co-operative Murray Goulburn plans to invest approximately A$200m ($211m, €172m) over the next three years on expanding and updating its manufacturing capabilities.
General Mills, Inc. has expanded its Yoplait line of yogurt products with the launch of Yoplait Greek 100 in six flavors: strawberry, black cherry, mixed berry, vanilla, peach and key lime.
Cleaning and sanitation is crucial to modern dairy industry. Ever increasing consumer awareness is driving modern dairy plants to work on improving hygiene standards.
Nestlé has encountered a “consistent deterioration in growth” in 2011-2012 in the US, its biggest market, according to analyst Andrew Wood at Sanford C Bernstein.
The New Zealand Commerce Commission has been urged to investigate the proposed sale of New Zealand Dairies Limited’s (NZDL) processing assets to Fonterra, after an unsuccessful bidder claimed to have topped Fonterra’s winning offer.
Muller Quaker Dairy, a joint venture between PepsiCo and the Theo Müller, has started the construction of $206m yogurt facility in Batavia, New York, US.
The production of quality dairy products is a challenging task that every dairy production manager faces on a daily basis. There is a constant need to ensure that high hygiene standards are set and energy, water and raw materials costs are monitored.
June production of edible nonfat dry milk was 169,135,000 lbs, down 13% from May but up 15% from June 2011, the U.S. Department of Agriculture said in its latest Dairy Products report.
Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.
Paul Grimwood, chairman and chief executive of Nestlé UK & Ireland, has been appointed chairman and chief executive of Nestlé USA, based in Glendale, California, from October 2012.
Milk processors Arla, Dairy Crest and Robert Wiseman, which supply Britain's major multiples, have come under sustained flak over the past month for their role as 'middle men' in cutting the price paid to dairy farmers for milk to below the cost of its pr
