Most stock quote data provided by BATS. In addition, Court filings and other information related to the proceedings are available on a separate website administered by the Company’s claims agent, Epiq Bankruptcy Solutions LLC, at https://dm.epiq11.com/case/southernfoods/dockets, or by calling Epiq representatives toll-free at 1-833-935-1362 or 1-503-597-7660 for calls originating outside of the U.S. Davis Polk & Wardwell LLP and Norton Rose Fulbright are serving as legal advisors to the Company, Evercore is serving as its investment banker and Alvarez & Marsal is serving as its financial advisor. Continue reading. He steps on... That said, we are pleased to have reached an agreement in principle for our Hilo facility and that an interested party intends to continue the plant’s operations and maintain the Meadow Gold Hawaii brand name. President Donald Trump and Democratic challenger Joe Biden were locked in tight races in battleground states across the country Tuesday night... Fourteen Calamus-Wheatland FFA members volunteered to serve as precinct election officials or helpers on Election Day. Any more updates on DFA closing more Dean Food plants??? Dairy is running just 4 days meaning we get only 32 hours. I’m hearing alot of rumors. Rumor here at corporate.Commercial developer in talks to buy some plants. 2019 has been particularly brutal: the company's sales tumbled 7% in the first half of the year, and profit fell 14%. Dean Foods also processes and distributes some milk for Organic Valley through a joint venture. Is that everywhere ? New York (CNN Business)Dean Foods, America's largest milk producer, is filing for bankruptcy. Are they going to shut down more plants in the southeast? LOL. DFA is a Kansas cooperative with 47 facilities and roughly $15.9 billion in sales. Agreement has been reached to install cameras in every plant, warehouse, break room, smoking areas, trucks, and parking lots. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Dean Foods, 6.5% 15mar2023, USD, еurobond information: issuer, comment, quotes, payment, ratings Does anybody know the truth. Early results showed Joe Biden with a lead Tuesday over President Donald Trump in Nevada, a state that that no Republican presidential candidate has carried since 2004 but has remained a battleground. The lawsuit, filed in the U.S Northern Court of Illinois, seeks to block DFA from taking over the Dean Foods' dairies unless DFA agrees not to acquire dairies in Illinois, Massachusetts and Wisconsin. How many plants closing by January 1st??? 8-32 characters, include one number (0-9) and one letter (a-z), By clicking Create Account, you agree to our, Save DTNPF to your home screen: Tap on the arrow and then select, Biden, Trump Locked in Tight Races in Battleground States, Iowa FFA Students Volunteer to Man Polling Places During COVID-19 Pandemic, Increase yields and savings with precision weather. All rights reserved. read more. Any news or rumors? Far too early in process for that. We are grateful for their commitment to our customers and our company.”. Just wondering the DFA will... It's obvious that the company has once more decided to cut its way to profit. Losing the Dollar Generals has destroyed us. IMO corporate would sell the run down, inefficient , older buildings first for next to nothing so they can get them off their hands. read more. Company got big loan to continue operations as normal for now. Only possible newsworthy thing before January IMO: ???? Each transaction remains subject to customary closing conditions, including any required regulatory approvals. read more, If you get hurt on the job don't expect anyone to check on you. GPS tracking units will... We just got word from management on the additional quota. This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. read more, some being cut or merges and forcing a lower seniority driver to walk or take pay cut for merchandiser..is this a rumor or happening? Following the termination of the agreement with Industrial Realty Group, the Company has reached an agreement in principle with an interested party for the sale of Dean Foods’ Hilo facility as an ongoing business and related distribution branches on the Big Island, Kauai and Maui, as well as the Meadow Gold Hawaii brand name and related intellectual property. Copyright 2020 The Associated Press. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes, targets or anticipates will or may occur in the future are forward-looking statements. All rights reserved. Assistant Attorney General Makan Delrahim of the DOJ's Antitrust Division, stated the dairy industry is in a tumultuous time with both Dean Foods and Borden Dairy Co. in bankruptcy and a pandemic "causing demand for milk by schools and restaurants to collapse. "DTN" and the degree symbol logo are trademarks of DTN. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based except as required by law. Company comes to an agreement with DFA that they present to the court. Looks like we a have a buyer for Chemung and DePere. All the EHS managers from top corporate to the lowest manager have been laid off Is it true there will be more job cuts coming down the pipeline by DFA at the local level? Not all features of DTN / The Progressive Farmer may function as expected. Democrats are driving toward extending their control of the House for two more years, but their expectations of expanding their majority seem tenuous. “We are extremely disappointed that we were unable to finalize an agreement for Industrial Realty Group to acquire our Hawaii operations,” said Eric Beringause, President and Chief Executive Officer of Dean Foods. https://www.doj.state.wi.us/sites/default/files/news-media/10.8.20_Dairy_Judgement.pdf The Court also approved Producers Dairy Foods’ purchase of Dean Foods’ Reno, Nevada facility for $3.7 million and its purchase of the “Berkeley Farms” trademark and related intellectual property for $3 million, as well as Harmoni, Inc.’s acquisition of the Company’s Uncle Matt’s business for $7.25 million. Still not expecting anything too newsworthy before January. It seems that the less you know, the bigger your chances of being employed here. Sure hope they don't continue this practice or soon we will make nothing!! Dean Foods Company (“Dean Foods” or the “Company”) today announced that Industrial Realty Group, LLC has terminated the previously announced agreement As i work for DFA, I’m being told by higher up managers that the 30 sell period has come and gone with no buyers for Franklin, now the government steps in and trys to sell it for 60 days and than if no one has purchased it by then than there is... Additionally, there can be no assurances that the sales of assets will receive regulatory approval or that any sale will be successfully consummated. Do we know of any new closings or potential layoffs coming to Dean Foods? By Associated Press , Wire Service Content April 6, 2020 Agreement reached and signed. DTN delivers accurate, objective, real-time, and actionable insights to increase our 2 million customers’ confidence and support their business decisions. The 94-year-old company has struggled in recent years because Americans are drinking less cows milk. Sales for cow's milk has been declining for the past four years. +1 212-355-4449, https://dm.epiq11.com/case/southernfoods/dockets. 471 Dean Foods reviews. President Donald Trump and Sen. Joni Ernst have held off challenges in Iowa, which had been considered a swing state after voters chose Democrat Barack Obama twice but swung to favor Trump four years ago.

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