Dean Foods

Processor and distributor of soy milk and dairy products.

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Headquarters:
2711 N Haskell Ave., Suite 3400
Dallas, TX 75204
Employees: 17,246
CEO: Gregg Tanner
Stock Symbol: DF

Website: http://www.deanfoods.com

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Dean Foods is a leading food and beverage company and the largest processor and direct-to-store distributor of fluid milk and other dairy and dairy case products in the United States.

Headquartered in Dallas, Texas, the Dean Foods portfolio includes TruMoo, the leading national flavored milk brand, along with well-known regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean's, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, Tuscan and more. In all, Dean Foods has more than 50 local and regional dairy brands and private labels. Dean Foods also makes and distributes ice cream, cultured products, juices, teas, and bottled water.

Dean operates more than 100 plants in the U.S. and four European countries.

In 2014, Dean had revenues of $13.0 billion, up from $12.1 billion the previous year, and net loss of $20 million.

For full year 2014, total volume for all products was 2.7 billion gallons, a 4% decline compared to total volume of 2.8 billion gallons in the year-ago period.

"Our customers include many of the largest and best food retailers and foodservice companies and distributors in the country. We believe our relative scale affords us sustainable cost, service, and quality advantages allowing us to more effectively service these customers versus our competitors," said Gregg Tanner, Chief Executive Officer of Dean Foods. "And with Americans' increasing focus on health and wellness, I believe milk with its clean label, is well positioned as a fresh, delicious source of nutrition and protein for consumers of all ages. With the progress achieved in our cost reduction initiatives, we believe we are very well positioned and are excited about the future direction of the business."

History

In 1925, Samuel Dean Sr. purchases the Pecatonica Marketing Company, an evaporated milk processing facility located in northwestern Illinois. In 1927, the company's name changes to the Dean Evaporated Milk Company and then becomes just Dean Milk Company in 1929.

Dean Foods is listed on the NY Stock Exchange in 1981 and is acquired by Suiza Foods in 2001. The company retains the name Dean Foods.

In 2005, Dean Foods spins off Dean Specialty Foods Group, which includes pickles, dips, dressings and foodservice products as TreeHouse Foods.

Benefits

Dean provides a comprehensive and flexible benefits package that protects our employees' health and financial well-being, and helps each employee prepare for a secure future. Benefits include healthcare insurance, income protection, paid time off, tuition reimbursement, a 401(K) program and an employee stock purchase plan that allows employees to directly reap the benefits of helping increase the value of our company.

Updated September 21, 2012