| Business Summary | | Suiza
Foods
Corporation
is
a
manufacturer
and
distributor
of
dairy
products
in
the
United
States.
Since
the
acquisition
of
Suiza
Dairy
in
1993,
the
Company
has
completed
43
dairy
acquisitions,
including
seven
during
2000.
The
Company
sells
primarily
fresh
dairy
products
through
Suiza
Dairy
Group,
with
the
product
mix
weighted
heavily
toward
fluid
milk,
including
flavored
milks
and
buttermilk.
Other
products
that
the
Company
sells
through
Suiza
Dairy
Group
include
ice
cream
and
novelties,
half-and-half
and
whipping
cream,
condensed
milk,
cottage
cheese,
sour
cream,
yogurt,
dips,
coffee
creamers,
juice
and
juice
drinks
and
water.
Morningstar
Foods
sells
primarily
extended
shelf
life
(ESL)
fluid,
aerosol
and
other
dairy
and
non-dairy
products.
Its
product
offerings
include
dairy
and
non-dairy
coffee
creamers,
flavored
and
unflavored
ESL
milks,
lactose-free
milks
and
soymilk,
aerosol
whipped
topping,
dairy
and
non-dairy
frozen
whipped
topping,
egg
substitute
and
cultured
dairy
products | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Suiza
Foods
Corp.
manufactures
and
distributes
fresh
milk
and
related
dairy
products,
plastic
packaging
and
packaged
ice
in
the
U.S.
The
Company
also
distributes
and
markets
refrigerated,
shelf-stable
and
frozen
food
products.
For
the
six
months
ended
6/01,
net
sales
rose
6%
to
$3
billion.
Net
income
before
acct'g
change
and
extraordinary
items
rose
7%
to
$58.1
million.
Results
reflect
an
increase
in
milk
prices,
and
improved
operating
margins
due
to
lower
plant
closing
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gregg Engles, 43 Chairman,
CEO | $2.0M | Pete Schenkel, 65 Vice
Chairman, Pres of Suiza Dairy Group | 1.2M | Hector Nevares, 50 Vice
Chairman | -- | Barry Fromberg, 45 CFO,
Exec. VP | -- | Herman Graffunder, 55 Pres
of Morningstar Foods | 784K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|