date:Mar 25, 2016
retail cheese player by expanding the business beyond the deli section into the dairy aisle, where the majority of U.S. cheese sales take place.
The joint venture will be 70% owned by DFA, which also will manage the operation, 20% owned by Arla and 10% by the eight farmers who supply the milk. The investment in the joint venture is expected to be $58 million, and is expected to employ 30 people.