The story
Land O'Lakes was founded on July 8, 1921, in Saint Paul, Minnesota, by representatives from 320 cooperative creameries as the Minnesota Cooperative Creameries Association. This organization aimed to improve the marketing practices and quality of butter, and thus increase the profitability of dairying.
The Association developed and implemented a systematic inspection, grading and certification system of butter from member creameries, resulting in greater uniformity of product. The improved quality and uniformity, and the reliability of its grading system, were touted in advertising materials. In 1924, the uniformly graded sweet cream butter was given the name "Land O'Lakes" after a contest, and the certificate forms used by the Association included the "Land O Lakes" marketing name (Minnesota's state nickname is "Land of 10,000 Lakes").
The name became popular enough that the organization's public identity was often confused with its product name; thus, in 1926, the organization itself adopted the name "Land O'Lakes Creameries, Inc." and became eponymous with its product.
The co-op was often accused of unfair competition and false advertising in its early years, and was compelled to defend its inspection and certification processes. Eventually, however, the sweet butter marketing strategy drove competitors either to match the quality of butter produced under the Land O'Lakes name or see their sales decline. Many competitors in the dairy products business copied the Land O'Lakes approach, and the certification of quality became a proven marketing technique in other product lines as well. In the 1960s and 1970s, Land O'Lakes and Lake to Lake (which later merged into Land O'Lakes) had a rivalry with the National Farmers Organization over the practice of withholding milk from market. One member was expelled from Lake to Lake for recruiting other farmers into NFO.
The trademark Land O'Lakes was first registered by Oconomowoc Canning Company in 1924, a Wisconsin company that produced canned vegetables under that name since 1920. As the dairy company grew they sought to gain control of the trademark, and in 1963 initiated a federal suit. The vegetable company prevailed in court, and the case set a legal precedent regarding the doctrine of "naked licensing".
Recent history
The Land O'Lakes co-op has grown through numerous acquisitions, and now has a large business in farm supply in addition to dairy: In 1978, Land O'Lakes got into the meatpacking business with the purchase of Spencer Beef. It sold Spencer Beef in 1983 to Excel, now Cargill Meat Solutions. In 1999, Land O'Lakes took an ownership stake in egg producer MoArk; it took full ownership of the company in 2006. In 2001, it paid $360 million – and assumed $130 million in debt – to take over animal feed producer Purina Mills, once part of Ralston Purina. Purina Mills' new owner planned to merge the company with its Land O'Lakes Farmland Feed division but would keep the Purina name and logo.
A federal court in 2002 ordered Land O'Lakes to pay $3 million for patent infringement to Dr William Pordy, the inventor of a type of dairy creamer. An appeal court later overturned that ruling. In August 2012, Land O'Lakes purchased refrigerated desserts manufacturer Kozy Shack Enterprises for an undisclosed sum.
In June 2016, Land O'Lakes acquired the Thousand Oaks, California–based biofuels firm Ceres, Inc. In July 2018, Land O'Lakes named Beth Ford as its first female CEO. Ford's role became effective August 1. At the time, she was the third openly gay woman CEO to run a Fortune 500 company. In December 2019, Land O'Lakes used autonomous truck technology developed by Plus.ai to successfully complete the first cross-country, commercial freight run by a self-driving truck.
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In 2020, the company started the American Connection Project along with Microsoft, Tractor Supply Co., and the Mayo Clinic to set up free wifi locations during the COVID-19 pandemic.
From Wikipedia’s article on Land O'Lakes, shared under CC BY-SA 4.0.5