DALLAS, Feb 18, 2002 /PRNewswire-FirstCall via COMTEX/ — Dean Foods Company
(NYSE: DF) today announced a reduction in corporate staffing at its former
headquarters in Franklin Park, Ill., as well as locations in Rosemont and
Rockford, Ill. The company will continue to maintain a strong base of operations
in the greater Chicago area with a regional dairy office in Franklin Park,
Specialty Foods Group staff in Rosemont and its Rockford Technical Center, which
will employ a combined 250 people.
The reduction of staff includes 200 positions in the three locations over the
next 12 months. Some of the reductions will take place by March 1, while other
individuals have been asked to assist with the transition over the next year.
All other employees in these locations are expected to have the opportunity to
remain with the company. During this time of transition, Dean Foods Company has
offered severance packages and is assisting employees with outplacement support.
Dean Foods continues to employ more than 500 people in the Chicagoland area, and
more than 30,000 nationwide.
This reduction in corporate staffing comes as a result of the merger between
Suiza Foods Corporation and Dean Foods Company completed last December. The new
Dean Foods Company has approximately $10 billion in annual revenues and is the
nation’s leading processor and distributor of fresh milk and other dairy
products and a leader in the specialty foods industry. Dean Foods is
headquartered in Dallas.
Dean Foods Company is one of the nation’s leading food and beverage companies.
The company produces a full line of company-branded and private label dairy
products such as milk and milk-based beverages, ice cream, coffee creamers, half
and half, whipping cream, whipped toppings, sour cream, cottage cheese, yogurt,
dips, dressings and soy milk. The company is also a leading supplier of pickles
and other specialty food products, juice, juice drinks and water. The company
operates 129 plants in 39 U.S. states and 3 countries, and employs more than
Contact: Sarah Kerestes
SOURCE Dean Foods Company
CONTACT: Sarah Kerestes of Dean Foods Company, +1-312-255-3125
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