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FOR IMMEDIATE RELEASE
June 25, 2008
DAWN FOOD PRODUCTS, INC. ANNOUNCES PRICE INCREASE
Increase in raw materials, energy and operating costs cited
JACKSON, Mich. – Dawn Food Products, Inc., one of the world’s largest independently owned bakery manufacturers and distributors, has announced it will increase prices for orders placed on and after July 1, 2008.
“We are seeing unprecedented rises in commodity and ingredient markets along with dramatic increases in general transportation costs, especially diesel fuel,” said David Kowal, President, U.S. Bakery Products at Dawn. “Floods in the Midwest and other key factors are affecting the supply of corn and corn sweeteners, sugar, soybean and wheat crops. Also affecting supply is ever increasing global demand from China, India and other Asian countries. Additionally, crops converted for ethanol and bio-diesel are driving new demand.”
“In order to maintain the high quality and service standards our customers have come to expect from Dawn, it has become apparent that we need to raise our prices,” said Kowal.
Dawn continues working hard to effectively manage costs by improving our supply chain management. We are reviewing all business practices to maximize efficiencies and streamlining our organization to help control costs.
For over 85 years, Dawn’s dedicated employees, outstanding products and valued customers have made the Dawn name synonymous with excellence. American-owned and family operated; Dawn currently supplies a complete line of quality, consistent mixes, bases, icings, glazes, fillings, frozen dough, par-baked and fully baked products and equipment to the food industry, worldwide. For further information, please visit www.dawnfoods.com.
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