Dive Brief:
- Land O’Lakes says it will close a cheese plant in Denmark, WI, stop making provolone and mozzarella cheese, and increase production capacity at its facility in Kiel, WI.
- The farmers cooperative said it would make a multimillion dollar investment in Kiel, adding milk silos and cheese vats to the plant, which manufactures cheddar and Monterey Jack cheese
- The announcements came as the company reported a 74% rise in profit for the most recent quarter.
Dive Insight:
There are some interesting thing happening at Land O’Lakes as the company realigns production with its most profitable ventures.
The decision to cut off the production of Italian soft cheeses comes after the company struggled to boost sales for those products. And Land O' Lakes, which is the third-largest egg seller in the United States, has said it wants to sell the majority of that business as well.