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November dairy product stocks dipped seasonally, according to the Agriculture Department’s latest Cold Storage report. Butter holdings on Nov. 30 were 215.5 million pounds, down 24.7 million pounds or 10.3%
Boelter hired Mike Klosterman to serve as director of contract and design and Joe Klosterman as senior director of customer success for the Wisconsin-based foodservice equipment and supplies dealer.
Refrigerated Specialist Inc. promoted Anibal Delgado to the position of north zone technician supervisor. This is a new service zone the Texas-based service agent added.
TriMark USA is poised to receive a $350 million cash equity investment from a trio of organizations. The Massachusetts-based foodservice equipment and supplies dealer will use this funding to “substantially deleverage its balance sheet,” per a company release.
Dairy farmers supplying Dutch dairy co-operative FrieslandCampina won’t receive supplementary cash payments for 2023 due to ‘disappointing’ financial results, the business reported.