Blue Diamond announces record sales year of $1 billion
Blue Diamond Growers, Modesto, Calif., recently announced record sales of $1 billion for fiscal year 2011-12, with a two-year growth of $300 million driven by demand for value-added almond products.
“We are winning in the marketplace by executing our superior business model, enhancing margins and growing our value-added businesses,” president and CEO Mark Jansen told the cooperative’s grower-owners at their 102nd annual meeting. “We added $13 million in savings to the $14 million we achieved last year, and we will continue to invest in new technologies that will lower costs and increase processing yields for higher levels of profitability year after year.”