The largest milk producer here in the U.S. has announced it’s declaring bankruptcy.
Dean Foods has been around for 94 years under such brands as Dairy Pure, Organic Valley and Land O’Lakes.
Sales are down 7% this year and profits dropped twice that as the company says it’s taken a hit with more people opting for non-dairy.
Source: https://apnews.com/5eb1173f5e2b4994927bc921f5b49f0e
