Dean Foods

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Dean Foods is an American food and beverage company and the largest dairy company in the United States. Headquartered in Dallas, Texas, the company maintains plants and distributors in the United States. Dean Foods has 66 manufacturing facilities in 32 U.S. states and distributes its products across all 50. The company's 58 brands include DairyPure, TruMoo, Friendly's, Mayfield, Dean's, Meadow Gold, Tuscan and Alta Dena. Dean Foods was acquired by the Dallas-based Suiza Foods Corporation, who later adopted the Dean Foods name.

Video Dean Foods

History

Dean Foods was founded by Samuel E. Dean, Sr., who owned an evaporated milk processing facility in Franklin Park, Illinois, in the 1920s. After purchasing other Illinois dairy plants Dean developed the enterprise "from a small regional dairy into a diversified food company".

In December 2001, the legacy brand of Dean Foods was acquired by the Dallas-based Suiza Foods Corporation, who later adopted the Dean Foods name. In 2005, Dean Specialty Foods was spun off from Dean Foods as Bay Valley Foods, LLC, a division of TreeHouse Foods, Inc. In June 2005 TreeHouse Foods started trading on the New York Stock Exchange with a ticker of THS.

In March 2005 the Cornucopia Institute filed a complaint with the United States Department of Agriculture (USDA) alleging that their Horizon Organic subsidiary was violating "organic livestock management" standards.

In August 2006, Dean Foods acquired Jilbert's Dairy, a 70-year-old family business near Marquette, Michigan. Dean Food's TofuTown brand was acquired by the Hain Celestial Group in June 2007. In December, Dean Foods bought the Wells Dairy milk plant in Le Mars, Iowa. Dean Foods purchased Alpro in 2009 for an estimated US$455 million, making it a "global leader in soy beverages". This resulted in a restructuring of the company that included selling off a number of subsidiaries, including Rachel's Organic.

On May 12, 2008, the Cornucopia Institute filed a second complaint with the USDA again alleging that Deans Foods had violated federal organic regulations requiring access to pasture and fresh grass for their dairy cows.

Silk brand soy milk was made using organic soybeans until early 2009, when Dean Foods switched to conventional soybeans while maintaining the same UPC barcodes and prices on the Silk products and replacing the word "organic" with "natural" on the product's packaging, prompting the Cornucopia Institute to file complaints that the company had not properly notified retailers or consumers.

Foremost Farms USA, a cooperative of over 2,000 dairy farmers in several mid-western states, sold its Wisconsin milk processing plants to Dean Foods in 2009. In January 2010, the US Department of Justice and the state attorney generals office of Wisconsin and Michigan, filed a lawsuit objecting to the purchase and alleged that it created a monopolizing provider. Dean Foods announced it was contesting the complaint.

In the first quarter of 2010 the company moved to the Cityplace district of Dallas, Texas. In October 2010, Dean Foods announced it was retiring the Schepps brand for dairy products in the Dallas, Texas area in favor of their Oak Farms brand. The Schepps brand had been in the Dallas market since 1942.

In 2011, a class action suit was brought against Deans Foods over health claims made on the packaging of Horizon Organic Milk. In 2012, Dean Foods contributed $253,950 to fund opposition to California's ballot Proposition 37 which would require mandatory labeling of foods containing genetically modified ingredients.

Dean Foods spun off WhiteWave Foods, the maker of Horizon Organic and Silk Soymilk, as a standalone company in May 2013.

In May 2015 Dean Foods announced that they would eliminate regional brands for its milk in favor of a single brand, DairyPure, which was already being used as a sub-brand under its previous regional marketing scheme.

In 2017, bettor and stock trader William T. Walters was convicted of insider trading in Dean shares in Federal court. Walters' source of non-public information was company director Thomas C. Davis employing a prepaid cell phone nicknamed "the Batphone" and, sometimes, the code words "Dallas Cowboys" for the company name. The case involved profits or avoided losses of $40 million from 2008 to 2014. The verdict was to be appealed according to Walters' lawyer.

Maps Dean Foods

Products

Dean Foods products include milk, ice cream, dairy products, juice, and teas. It processes milk in the United States under a number of regional and national brands.

National brands

• DairyPure
• Killer Shake - a subsidiary of Killer Productions Company (now defunct) is a former brand of chocolate milk with a dessert-like style. On October 1, 1996, Dean Foods completed the acquisition of the rights to the Wacky Willie and Killer Shake trademarks for $300,000 in cash from Killer Productions Company. Dean Foods, was allowed at its sole option, before August 1999, to pay an additional $700,000 to Killer Productions representing the final portion of the purchase price. In addition, in the event net sales reached $5.0 million in any consecutive twelve-month period ending on or before August 1999, Dean Foods was required to pay the additional $700,000 that represented the final portion of the purchase price. Dean Foods manufactured and sold this product under a license arrangement for the period January 1, 1996, through September 30, 1996.
• TruMoo
• Uncle Matt's Organic

Regional brands

• Alta Dena, Southern California, Arizona
• Barber's, Alabama, parts of Mississippi, Georgia and Florida
• Berkeley Farms, San Francisco Bay Area, California. Founded 1910
• Broughton Foods Company, Southeast Ohio, Eastern Kentucky, Western Virginia and West Virginia. Broughton Foods Company, or Broughton's Dairy or simply Broughton's, is a regional dairy and food company based out of Marietta, Ohio, that serves the states of Ohio, Kentucky, and West Virginia. The company also operates a sub-plant in Charleston, West Virginia. Broughton Foods Company was formerly owned by Suiza Foods Company and is now owned by Dean Foods Company.
• Brown's Dairy, Louisiana, Alabama, Mississippi and Florida
• Country Fresh, Michigan and Wisconsin
• Creamland, New Mexico
• Dean's, Wisconsin, Illinois, Indiana, Ohio and Pennsylvania
• Friendly's, an ice cream brand served at Friendly's restaurants and sold in stores
• Gandy's, West Texas
• Garelick Farms, New England
• Hygeia Dairy, South Texas
• Jilbert Dairy, Michigan's Upper Peninsula
• Land O'Lakes milk (licensed brand), Montana, North Dakota, South Dakota, Nebraska, Minnesota, Iowa and Wisconsin
• Lehigh Valley, Virginia, Maryland, Delaware, New Jersey and Pennsylvania
• Liberty Dairy, Grand Rapids, Michigan
• Louis Trauth Dairy, Kentucky and Ohio
• Mayfield Dairy, Florida, Georgia, Alabama, South Carolina, North Carolina, Tennessee, Virginia, Kentucky
• McArthur Dairy, South Florida
• Meadow Brook, Pennsylvania and New York
• Meadow Gold Dairy, Colorado, Hawaii, Idaho, Missouri, Montana, Nevada, Oregon, Utah, Washington and Wyoming
• Melody Farms, Detroit, which itself had previously acquired R.W. Wilson & Sons, Detroit, Michigan
• Model Dairy, Nevada
• H. Myer Dairy Company, Cincinnati, Ohio
• Oak Farms Dairy, Texas, Louisiana and Oklahoma
• PET Dairy, North Carolina, South Carolina, Georgia and Virginia
• Price's Creameries, El Paso, Texas and Southern New Mexico
• Purity Dairies, Tennessee, Kentucky and Alabama
• ReadyLeaf Tea
• Reiter Dairy, Ohio
• Swiss Premium, Pennsylvania
• T. G. Lee Dairy, Florida
• Tuscan Dairy Farms, New York and New Jersey

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See also

• FTC v. Dean Foods Co., 1966 decision of the US Supreme Court

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References

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External links

• Official website
• Dean Foods SEC Filings
• Dean Foods info at Business Week
• Meadow Gold History

Source of article : Wikipedia