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May 24, 2015 10:34 PM ET

Food and Staples Retailing

Company Overview of Dairy Farmers of America, Inc.

Company Overview

Dairy Farmers of America, Inc. operates as a milk marketing cooperative and dairy food processing company. It markets milk for independent producers and cooperative members. The company also manufactures and markets cheese, creamery butter, gourmet butter, energy milk shakes, coffee drinks, and infant formulas; and a range of dairy ingredients, including nonfat dry milk powder, skim milk powder, and sweetened condensed milk. In addition, it manufactures and markets consumer products, including shreds, chunks, strings, and slices; processed slices; sticks, whipped, and spreadable European style creamery butter; European style butter with low moisture and creamy texture; Kosher quality butter;...

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: 59
President of DFA Risk Management - Syracuse N.Y.
Chief Fluid Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

Dairy Farmers of America, Inc. Key Developments

Dairy Farmers of America Announces Earnings Results for the Year 2014

Dairy Farmers of America announced earnings results for the year 2014. The company earned $43.1 million in 2014. The profit was down nearly 19% from a year ago, when the group earned $53.1 million. The company reported the lower earnings despite a 39.2% jump in sales to $17.9 billion from $12.8 billion in 2013. This increase was primarily a result of higher milk prices, which averaged $23.98 per hundredweight in 2014 compared with $20.05 in 2013.

Dairy Farmers of America to Build New Global Headquarters in Kansas

Dairy Farmers of America has announced plans to build its new global headquarters in Kansas City, Kansas. The company will relocate its 325 employees from space it has leased in Missouri since its formation in 1998, to a building being constructed in the expanded Village West area in Wyandotte County, Kansas. The three-story, 100,000-square-foot building will be constructed with sustainability in mind and designed to LEED standards. Expected completion of the global headquarters project is December 2016. The ingredients facility is expected to be operational in 2017.

Inner Mongolia Yili Industrial Group Co., Ltd. and Dairy Farmers of America Inks Agreement for Building Up Global Model Plant

Inner Mongolia Yili Industrial Group Co. Ltd. and Dairy Farmers of America (DFA) have inked agreement for building up global model plant as well as American big milk powder plant, which will locate in Kansas, expected with yearly output of 80,000 tons, supply products to China as well as other global market. It is the first time for DFA to invite Chinese peers for cooperation in building American plant, which is rare for conservative local dairy industry.

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