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Emission reductions roughly equivalent to removing 408,000 cars from California highways
Annual top 100 list includes 14 dairy businesses
Byline: Benzinga Staff American Dairy Changes Corporate Name to Feihe International, Inc. PR Newswire BEIJING and LOS ANGELES, Oct. 13 BEIJING and LOS ANGELES, Oct. 13 /PRNewswire Asia-FirstCall/ -- American Dairy, Inc. (NYSE:ADY; the “Company”), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that, at theCompany’s annual meeting on October 12, 2010, shareholders approved an amendment to the Company’s Articles of Incorporation to change itscorporate name to “Feihe International, Inc.” Promptly following theapproval, the Company filed Articles of Amendment with the state of Utah to implement the change in name. The change in name is effectiveimmediately but the Company’s ticker symbol will remain “ADY.”
Through the first three quarters of 2010, U.S. milk production is running 2.1 billion pounds ahead of the same period last year.
The new Chinese dairy will house around 3,000 milking cows, imported from New Zealand.