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Press
Release
05.21.07 |
For more information contact:
Sheryl Doering Meshke
Communications and Government Relations Director
(507) 354-8295 or meshkes@ampi.com |
AMPI acquires
Cass-Clay Creamery
North
Dakota-based co-op to operate as division of AMPI
FARGO, N.D. (May 21, 2007)—Leading Midwest dairy cooperative
Associated Milk Producers Inc. (AMPI) has completed the
acquisition of Cass-Clay Creamery, Inc. The North Dakota-based
cooperative is now operating as a division of AMPI,
headquartered in New Ulm, Minn.
The Cass-Clay division includes a fluid milk bottling plant in
Fargo, N.D., and a specialty cheese plant in Hoven, S.D.
Products manufactured at the Fargo facility will continue to be
marketed under the Cass-Clay® brand, recognized in the upper
Midwest for quality fluid milk, ice cream, and cultured products
such as yogurt and sour cream.
“The dairy farmers of Cass-Clay are proud to be the newest AMPI
owners,” says David Glawe, chairman of the Cass-Clay Board of
Directors and a Detroit Lakes, Minn., dairy farmer. He is one of
nearly 200 cooperative owners who unanimously voted to authorize
the transfer of Cass-Clay Creamery assets to AMPI.
The Cass-Clay® brand and product line complements those
manufactured at AMPI plants across the Midwest. AMPI is a
private label manufacturer of consumer-packaged cheese, butter,
instant milk and shelf-stable dairy products. With the
acquisition, the 4,000 dairy farmer-owners of AMPI now operate
15 plants and annually market more than $1 billion of dairy
products regionally and nationally.
“This acquisition reflects the cooperatives’ long-term
commitment to Midwest dairy farmers,” says Paul Toft, AMPI board
chairman and a dairy farmer from Rice Lake, Wis. “It allows us
to optimize our farmer-owned milk manufacturing facilities.”
About the companies
AMPI
Associated Milk Producers Inc. (AMPI) is a dairy marketing
cooperative with more than 4,000 farmer-owners, 5 billion pounds
of milk and $1 billion in annual sales. Members operate dairy
farms located throughout the Midwest states of Wisconsin,
Minnesota, Iowa, Nebraska, Missouri, South Dakota, North Dakota
and Montana. They own 15 manufacturing plants and market a full
line of consumer-packaged dairy products, including the
Cass-Clay®
brand. For more information about AMPI, visit the cooperative’s
Web site at www.ampi.com.
Cass-Clay
Prior to acquisition, Cass-Clay Creamery, Inc. was a
member-owned cooperative with more than $100 million in annual
sales. Its 200 farmer-owners operate dairies in North Dakota,
South Dakota, Minnesota and Montana, annually producing about
300 million pounds of milk. The company has two manufacturing
plants and markets fluid milk, ice cream and cultured products
under the Cass-Clay® brand. On May 21, all assets were acquired
by AMPI and Cass-Clay now operates as a division of the
cooperative. Former Cass-Clay cooperative members are now among
the farmer-owners of AMPI.
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