Stonyfield Farm
Stonyfield Farm is an organic yogurt maker located in Londonderry, New Hampshire, USA. Stonyfield Farm was founded in 1983, in Wilton, New Hampshire, as an organic farming school. The company makes the number-one selling brand of organic yogurt and number-three overall yogurt brand in the United States, according to Fortune Magazine.[1]
In 2001, Groupe Danone, a France-based food product company whose brands include Evian bottled water and Danone/Dannon yogurt, purchased an initial 40% of Stonyfield shares. This was followed in late 2003 with an additional purchase such that Group Danone now owns about 85% of Stonyfield shares. No changes to the Stonyfield Farm employees, facility, and operations were made or planned.[2]
Gary Hirshberg is Chairman, President and CEO of Stonyfield Farm. Through its Profits for the Planet program, Stonyfield gives 10% of profits to environmental causes. Its milk continues to be sourced from New England and Midwest dairy farmers through the CROPP cooperative. The company still uses environmental practices and is committed to increasing the number of organic family farms in the world.[2]
In 2006, Stonyfield entered the French market with its 'Les 2 Vaches' (The Two Cows) brand. It also expanded to Canada, with yogurt produced in Quebec.[3] In June 2007, Stonyfield Farm launched its first brand in the UK, 'Stony, Yogurt on a Mission', however the line has since been discontinued. An organic yogurt brand named Glenisk was also successfully launched in Ireland.
External links
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- ^ Gunter, Marc (2008-01-04). "Stonyfield stirs up the yogurt market". Fortune Magazine. Retrieved 2008-06-017.
Stonyfield generated about $300 million in revenues last year. Its yogurt is the No. 3 brand in the United States, behind Yoplait and Stonyfield's sister brand Dannon.
{{cite web}}: Check date values in:|accessdate=and|date=(help) - ^ a b "Stonyfield Farm enjoys a strategic partnership with Groupe Danone". Stonyfield Farm. 2004. Retrieved 2008-06-09.
{{cite web}}: Unknown parameter|month=ignored (help) - ^ Stonyfield Farm - Canada - Company Profile