Lifeway Foods
| Public | |
| Traded as | NASDAQ: LWAY |
| Industry | Health food |
| Founded | Morton Grove, Illinois (1986) |
| Founder | Michael Smolyansky |
| Headquarters | Morton Grove, Illinois, United States |
|
Key people
|
Michael Smolyansky Julie Smolyansky |
| Products | Kefir |
| Revenue |  US$58,115,878 (2009) |
| US$8,938,668 (2009) |
|
| US$5,569,702 (2009) |
|
| Total assets | US$51,469,843 (2009) |
| Total equity | US$32,571,330 (2009) |
|
Number of employees
|
200 |
| Website | www |
Lifeway Foods is a company that sells kefir founded in 1986.
Contents
History
Lifeway Foods was founded by Michael Smolyansky, an immigrant who arrived in the United States from Odessa, Ukraine, 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.[1][2]
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.[3] The company also produces farmer cheese resembling Eastern-European style tvorog.[4]
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LifewayKefir.jpg
Krestiansky kefir
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Farmer cheese
