Lifeway Foods

Lifeway Foods is an American health food company selling kefir founded in 1986.

Lifeway Foods, Inc.
Public
Traded asNASDAQ: LWAY
Russell Microcap Index component
IndustryHealth food
FoundedMorton Grove, Illinois (1986 (1986))
FounderMichael Smolyansky
Headquarters
Morton Grove, Illinois
,
United States
Key people
Julie Smolyansky (CEO)
Michael Smolyansky (COO)
ProductsKefir
Revenue US$137.2 million (2015)[1]
US$4.4 million (2015)[1]
US$1.972 million (2015)[1]
Total assets US$64.9 million (2015)[1]
Total equity US$45.3 million (2015)[1]
Number of employees
370 (2015)[1]
Websitewww.lifeway.net

History

Lifeway Foods was founded by Michael Smolyansky, an immigrant who arrived in the United States from Odessa, Ukraine, USSR, in 1976. Ten years after moving to the US, he found the fermented milk drink kefir at a food show and decided to start producing it. The company started in Michael's basement, but it soon turned public. After Michael's death in 2002, his daughter, Julie Smolyansky, took over the company.[2][3]

Products

Lifeway's flagship product is kefir. Lifeway sells it in several varieties, including low-fat, non-fat, Greek, organic, and low-carb varieties, as well as these in several different flavors.[4] The company also produces farmer cheese resembling Eastern-European style tvorog.[5]

  • Krestiansky kefir
  • Farmer cheese
gollark: guys, what if lemmmy *is* yemmel?
gollark: Once PotatOS for x86 is installed on Terra's server, it will use my arbitrary code execution exploit in *string theory* to teleport the server to my house, where it will then run Minecraft for me.
gollark: "I'm bad, but other people are worse! Ignore me and complain at them!"
gollark: Soon the dead-man's switch in the bunker will trigger and disassemble Terra's bunker, then most of itself, then use an arbitrary code execution exploit in Minecraft to install PotatOS for x86 on all Terra's devices, then it will crash TC2020 forever.
gollark: I built a bunker there and everything. Well, half a bunker. I haven't finished the self-replication systems.

References
  1. "Annual report" (PDF). lifewaykefir.com. 2015.
  2. Hogan, Marc (December 18, 2006). "From Russia, with Yogurt". Bloomberg Businessweek. Archived from the original on 2011-03-08. Retrieved 2019-09-07.
  3. "BRIEFS".
  4. "Kefir". Lifeway Foods. Retrieved January 2, 2011.
  5. "Cheese". Lifeway Foods. Retrieved January 2, 2011.
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