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Home > Company Index > Food, Beverage & Tobacco > Dairy Products > Land O'Lakes, Inc.

Land O'Lakes, Inc.
 NEWS FROM THE STANDARD
Reports of the Death of the Dot-Com Have Been Greatly Exaggerated
Oct 30 2000 12:00 AM PST

Dairy Industry Aims to Milk the Net
Jul 26 2000 11:56 AM PDT

 PROFILE
Land O'Lakes butters up its customers. Its network of more than 1,100 community cooperatives serves 300,000 farmers and ranchers. The dairy co-op (#2 in the US, behind Dairy Farmers of America) provides its members with wholesale fertilizer and crop protection products, seed, and animal feed. Its oldest product, Land O'Lakes butter, is the #1 butter brand in the US. Land O'Lakes also produces packaged milk, margarine, sour cream, and cheese. The dairy industry and its markets have been consolidating, and the co-op has responded with acquisitions and joint ventures: It's forming a joint venture with Farmland Industries called Land O'Lakes Farmland; the venture will be the largest feed company in North America.

 COMPETITION
Dairy Farmers of America (dossier)
Kraft Foods Inc. (KFT)
Unilever (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,756.30
1-Yr. Sales Growth: 2.6%
Employees: 6,500
Revenue per employee: $885,584.62

 KEY PEOPLE
• John E. Gherty
    CEO
• Dan Knutson
    CFO

 CONTACT INFO
4001 Lexington Ave. North
Arden Hills, MN 55126
US
Phone: 651-481-2222
Fax: 651-481-2000
Online: Web Site

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