Blue Diamond Opens Almond Innovation and Research Center At Sacramento, California Headquarters
03/14/2013
"Every major innovation in almonds has come from Blue Diamond," explained Blue Diamond President and CEO, Mark Jansen.
Blue Diamond, a cooperative owned by over half of the state's almond growers, expects to increase new almond product sales growth five-fold over the next five years. "The new facility will be a showcase for initiating new almond product concepts for our consumer business and for the most innovative global food companies," added Jansen.
The firm’s expansion is fueled by increase sales for almond-based products. The success of Blue Diamond's investment in new snack products broke all sales records in the North American market in 2012, the company said. While Blue Diamond's snack almond business grew 21 percent, the Almond Breeze Aseptic Milk business jumped 21 percent and chilled Almond Milk sales skyrocketed 59 percent. Nut Thins cracker sales rose 28 percent. New snack products introduced early in 2013 include Roasted Coffee, Mocha and Caramel Macchiato flavored almonds, and three fruit-inspired flavors, Raspberry, Blueberry and Strawberry.
Likewise in the global ingredients business where almonds are used in a variety of foods, sales increased 35 percent and almonds remained in first place as the leading nut in new food products worldwide. Value-added revenues over the last two years are up 69 percent.
"Global almond product innovation has doubled Blue Diamond revenues in three years to well over $1 billion in sales," said Jansen. "The robustness of U.S. almond shipments, even with this year's short supply, is directly attributable to new uses for almonds that our cooperative has created."
The 2-billion pound California almond crop is valued at $6 billion and generates nearly 50,000 jobs. New jobs and additional revenue will be returned to almond growing communities as production and value-added products continue to grow, the company said. Over 80 percent of the world's supply is grown in California. Almonds are the state's largest food export and the largest specialty crop export in America.
Project Announcements
Blue Core Labs Establishes Beaver, Utah, Operations
05/16/2022
Breeze Aviation Group Expands Provo, Utah, Hub
05/16/2022
Milwaukee Tool Expands Menomonee Falls, Wisconsin, Operations
05/16/2022
Trison Wells Establishes South Carolina, Operations
05/16/2022
France-Based Saint-Gobain ADFORS North America Expands Dublin, Georgia, Plant
05/13/2022
Moderna Plans Quebec, Canada, Manufacturing-Operations Campus
05/13/2022
Most Read
-
The Evolution of the Megasite
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns
Q1 2022
-
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2021
-
Driving Into An Electric Vehicle Future
Q1 2022
-
Innovative and Collaborative Design Sets the Stage for Life Science Innovation
Q2 2022