SOURCE: Industrial Info Resources

September 04, 2007 07:01 ET

Dannon Pouring $200 Million Into Expansion of U.S. Yogurt Facilities, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 4, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The value of the U.S. yogurt market, depending on who is asked, has an estimated value of around $4 billion on the low end and up to three times as much on the high end. Without question, leading yogurt producer The Dannon Company Incorporated (NYSE:DA), a business unit of Groupe Danone SA, is moving quickly to capitalize on a product whose market share has seen near double-digit growth, annually. To supply the demand of what it considers an under developed market, Danone has embarked on a multi-year capital investment to increase production of yogurt and related products at its U.S. facilities.

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