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Gaylea Food Cooperative

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Submitted By mitch1
Words 1318
Pages 6
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Mitchell Crawford
Student #: 100465333
Instructor: Jay Fisher

November 19, 2012
Description
Gay Lea Foods is a private company, operating as a co-operative owned by over 1,200 farmers. They have been in business since 1958.

Concentrating on manufacturing quality dairy products, Gay Lea processes approximately 15% of Ontario’s milk. They are the link between Ontario dairy farmers and consumers across Canada.

Gay Lea has made many innovations in their key products, which are: ■ butter ■ cottage cheese ■ sour cream ■ whipped cream ■ Lacteeze (lactose-free milk) ■ cheese

Gay Lea does not sell its products directly to consumers. Their customers are: ■ retail food chains (for which Gay Lea does individual packaging) ■ food service companies (who distribute Gay Lea products to their own customers) ■ Industrial companies who purchase bulk product to include in their own products.

The main office is in Mississauga, with five production facilities located in Toronto, Madoc, Mississauga, Guelph, and Teeswater.

As of 2011, this company had annual revenue of $145,546,240. Current stock price is $17 per share.

Gay Lea is Ontario’s largest dairy co-operative, and is the sixth largest dairy product manufacturer in Canada.

Industry Analysis
Gay Lea is sixth in the top dairy processing companies in Canada. The companies that are their main competitors are Parmalat Canada Inc. and Saputo Inc.

Interestingly, even though these two companies are competitors, they are also customers of Gay Lea – buying bulk product to include in their own products.

The dairy processing industry is vital to the Canadian economy, ranking second in the agri-food economy in Canada. It employs over 30,000 people and generates thousands of jobs in related sectors such

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