Type Public Products Milk, Dairy Products Number of employees 21,915 Net income 161 million USD (2012) | Industry Food processing Revenue 11.46 billion USD (2012) Founded 1925 | |
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Traded as NYSE: DF
S&P 400 Component Key people Gregg A. Tanner
CEO & Chairman of the Board
Shaun Mara
Chief Financial Officer and Executive Vice President
Gregg Tanner
President of Fresh Dairy Direct and Chief Supply Chain Officer Operating income Headquarters Dallas, Texas, United States CEO Gregg A. Tanner (31 Oct 2012–) Subsidiaries Horizon Organic, Friendly's, Alta Dena | ||
Dean Foods is an American food and beverage company that specializes in dairy products. The company maintains plants and distributors in the United States and the United Kingdom. Dean Foods has 100 facilities located in 35 American states as well as five manufacturing plants in the countries of Belgium, France, the United Kingdom, and the Netherlands.
Contents
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.
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.
Products
Dean Foods products include frozen and canned foods, dairy products and condiments. It produces milk in the United States under a number of regional and national brands. The company licenses the Land O'Lakes brand, which markets several dairy products.