GFM Network News


Iogo maker to ramp up drinkable yogurt production

The yogurt-making joint venture of dairy co-ops Agropur and Agrifoods International plans to boost its drinkable yogurt output by adding another production line in Quebec’s Monteregie. Ultima Foods announced last week it will put up $10.8 million of its own funds plus a $3.6 million interest-free loan from Investissement Quebec, the investment arm of the […] Read more

Agropur raises 2016 sales, patronage dividends

Acquisitions and cost-cutting have combined to boost dairy co-operative Agropur’s year-end bottom line — and to raise its total patronage dividends for the year by 50 per cent. The Quebec co-operative, which in 2016 landed on Rabobank’s list of the world’s 20 largest dairy companies for the first time, booked net earnings before patronage and […] Read more