Musings at the intersection of business and life
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  • Starting a Business
    May 14, 2009 by Peter Economy

    Today Stonyfield Farm -- a subsidiary of Groupe Danone -- is the leading producer of organic yogurt in the world, with more than $300 million in annual sales.However, the path the company traveled to get to this place was frought with uncertainty and near-disaster. Stonyfield Farm -- which originated with an organic farming school in New Hampshire -- opened for business in 1983 with CEO Gary Hirshberg's vision for the future and a $35,000 loan from the Institute for Community Economics. The business started with seven Jersey cows and by the end of the year was steadily producing 150 cases of yogurt a week.

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