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February 07, 2016 1:10 PM ET

Food and Staples Retailing

Company Overview of Dairy Farmers of America, Inc.

Company Overview

Dairy Farmers of America, Inc. provides milk marketing cooperative and dairy food processing services. It is primarily engaged in the marketing of its members’ milk. The company also manufactures cheese and butter, and dairy ingredients, as well as offers contract manufacturing services for various brands. It manufactures and markets various consumer brands found in grocery stores in the United States; develops and tests various beverage and dairy food products, including sport drinks, coffee-based flavored drinks, cheese powders and flavors, infant formulas, sour creams, and cheese dips for various brands; and manufactures and sells a line of dairy products, such as nonfat dry milk powder, ...

10220 North Ambassador Drive

Kansas City, MO 64153

United States

Founded in 1967

Phone:

816-801-6455

Fax:

816-801-6456

Key Executives for Dairy Farmers of America, Inc.

Chief Executive Officer and President
Chief Financial Officer
Senior Adviser and President of Affiliate Division
Age: 60
Chief Fluid Marketing Officer and Senior Vice President
Chief Operating Officer of Southwest Area
Compensation as of Fiscal Year 2015.

Dairy Farmers of America, Inc. Key Developments

Dairy Farmers of America Settles Missouri Milk Price-Fixing Class Action for $3.5 Million

Dairy Farmers of America agreed to pay $3.5 million to settle a class-action lawsuit filed in Jackson County Circuit Court related to accusations of price fixing that caused consumers in Missouri to pay much more for milk and milk products. DFA was accused of orchestrating a program called Cooperatives Working Together that collected 'dues' to fund a dairy herd early-retirement program, which helped provide incentives to farmers who willingly sold off dairy cattle for slaughter earlier than they otherwise would have. In the process, the program culled enough of the dairy-producing herd to cause the milk supply to drop, resulting in an increase in the cost of milk and milk-related products. The class in the Missouri lawsuit was represented by John F. Edgar of the Edgar Law Firm LLC in Kansas City, Isaac Diel of Sharp McQueen PA in Overland Park, and Thomas Brill of the Law Office of Thomas H. Brill in Leawood. The attorneys were awarded one-third of the settlement amount, or $1.17 million, for attorney fees. They also were awarded $291,595 to cover outstanding costs and expenses related to the litigation. The case was filed in May 2012. The two named plaintiffs will receive $7,000 each. The remainder of the settlement will be split among the rest of the class, consisting of anyone who bought milk and cream products from Jan. 1, 2004, to the present. The amount of damages paid to the class depends on how many come forward to collect. The typical amount paid is expected to be $10 or less per person; however, if there are fewer claims than the amount of relief available, the maximum amount any one person claiming damages can receive is set at $40.

Dairy Farmers of America Plans to Close Cheese Plant in Plymouth, Eliminating 300 Jobs

Dairy Farmers of America has announced plans to close a cheese plant in Plymouth, eliminating 300 jobs. The plant that makes Borden cheese and private-label products is expected to be closed in January because it has out-of-date technology and infrastructure. It's been operating since 1954. Dairy Farmers of America plans to produce Borden cheese products through a third-party manufacturer, and Stephens said the company will help employees through the transition.

Dairy Farmers of America, Inc. Presents at 12th Annual Dairy Outlook Conference, Jun-18-2015 11:00 AM

Dairy Farmers of America, Inc. Presents at 12th Annual Dairy Outlook Conference, Jun-18-2015 11:00 AM. Venue: 230 S. LaSalle St., 3rd floor, Chicago, IL 60604, United States. Speakers: Ed Gallagher.

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