No, Lifeway is still in business. Established in 1910, the company produces and distributes a wide range of dairy food and beverages, including its iconic kefir products. It has thousands of customers in all 50 states across the United States and distributes its products worldwide.
The company has continued to grow over the years, with its kefir-based foods and beverages now available in over 35,000 retailers and in stores across more than 40 states. Despite the current economic and business climate, Lifeway Foods remains a leader in the dairy food industry.
In fact, they have recently announced the launch of their “Lifeway Lactose-Free” line of products, which will include Lactose-Free Kefir and several other dairy-free items.
Where did lifeway move to?
Lifeway recently moved its corporate headquarters from Morton Grove, Illinois to Deerfield, Illinois. The move took place earlier this year in March 2020 and was motivated by the company’s desire to be closer to its customers in the Midwest.
The new facility is over 340,000 square-feet, significantly larger than its Morton Grove facility which was only 84,000 square-feet. The larger facility gives Lifeway more room to grow and expand its operations.
Additionally, the new facility has state-of-the-art technology that will enable Lifeway to better serve its customers and operate more efficiently.
Who bought the Lifeway building in Nashville?
In February of 2019, the Lifeway building, located in the Gulch area of downtown Nashville, was purchased by the Development Services Group, Inc. (DSG). DSG is a locally owned and operated, real estate development and investment firm operating in the Nashville metropolitan area.
DSG is owned and operated by R. Neal Argent and Brad Smith.
The purchase of the three-story, 110,000 square foot, former Lifeway building has been and will continue to be a commitment of DSG. DSG plans to further develop this property and the surrounding buildings into an inviting and vibrant downtown Nashville area.
As DSG continues to develop, a focus will be made on the revitalization of the area, local businesses, and the increased general value of the properties around the Lifeway building.
The vision for the area surrounding the building is shared by DSG and the local investors. DSG has closed on the purchase, showing their commitment to the area, and will now work extensively with the local community, municipal stakeholders, and local businesses to accomplish such a large and necessary goal.
Where is the Lifeway headquarters?
The Lifeway headquarters is located in Morton Grove, Illinois. It is 11 miles northwest of downtown Chicago. It is in close proximity to O’Hare International Airport, allowing employees from around the country to easily travel to and from the headquarters.
The address is 1146 Civic Center Drive, Morton Grove, IL 60053.
How much does the CEO of Lifeway make?
The exact salary of the CEO of Lifeway, a health food and supplement store, is not publicly available. However, according to a review from 2019 on Glassdoor, the estimated salary of the CEO of Lifeway is anywhere between $161,000 to $225,000.
This number is based on anonymous employee reviews, which may or may not accurately represent the actual salary of the CEO. It is also possible that the CEO of Lifeway earns an annual bonus or other types of compensation in addition to their salary.
Who bought Lifeway?
In 2021, the Swiss-based global healthcare company Nestlé announced that it had acquired Lifeway Foods, Inc. , an American health foods and dairy beverages company. Lifeway is most well-known for its probiotic kefir yogurt-like product.
This acquisition was part of Nestlé’s effort to expand its health-focused product portfolio. The transaction was a stock purchase agreement, meaning it was an all-cash deal for Nestlé with no debt acquisition included.
Nestlé plans to use Lifeway’s distinctive portfolio of products in their own global nutrition business strategy to reach new healthy eating audiences.
Who is Lifeway owned by?
Lifeway is owned by the Sanger Family, who took majority ownership in 2019. The family consists of Hamilton (Ham) Sanger and his sons Evan Sanger and Matt Sanger. Ham originally co-founded Lifeway in 1986 with his brother Tom, who then adapted the traditional Russian yogurt recipe to make the first Kefir product.
Both brothers have since retired, leaving the business in the hands of the next generation. The Sanger family is deeply committed to continuing Lifeway’s mission of providing delicious, nutritious and authentic food products while also embodying the spirit of family, health and entrepreneurship.
Who owns Noelle Nashville?
Noelle Nashville is a luxury boutique hotel located in the center of Nashville’s urban core. It is owned by Valor Hospitality Partners, a real estate investment and development firm based in Atlanta, GA.
Valor Hospitality Partners specializes in the acquisition, development, and operation of upscale and lifestyle hotels across the United States. They own a variety of different independent and branded boutique and lifestyle properties and Noelle Nashville is one of these properties.
Noelle Nashville offers guests an experience that is unique and luxurious, combining small-town charm with big-city excitement. They have 48 two-story hotel rooms, two-story suites, on-site bars and restaurants, and a lobby bar with a rooftop terrace.
Valor Hospitality Partners saw the potential in Noelle Nashville and acquired it in 2018, further elevating the spirit of the city with a new, dynamic hospitality approach.
Who is the head of Lifeway?
The head of Lifeway is Kevin Kelly. Mr. Kelly holds the title of President and CEO at Lifeway, a Christian retailer focused on providing faith-based products and services. Mr. Kelly has been at the helm of Lifeway since 2011 and also serves on the boards of a number of other faith-based organizations, such as Bible Study Fellowship, The Navigators USA, and the American Bible Society.
He is an active member of the Southern Baptist Convention and is focused on furthering the mission of Lifeway through Christian education, Christian ministry, digital media development, and customer experience excellence.
How many employees does Lifeway have?
Lifeway currently has over 700 employees across the United States. They have a mixed workforce of full-time, part-time and temporary staff. Their headquarters is located in Morton Grove, Illinois and they operate a number of factories and offices in various other locations.
In addition, they also benefit from strong relationships with local vendors in each region in order to provide the best possible service to their customers.
Is Lifeway owned by the Southern Baptist Convention?
No, Lifeway Christian Resources is an independent, not-for-profit organization, although it is affiliated with the Southern Baptist Convention (SBC). It is the publishing arm of the SBC and has been managed and operated separately by its own board of trustees since 1891.
The organization produces various media including books, magazines, music, online products, and more. As a not-for-profit, Lifeway helps to further the Gospel by providing resources to churches, ministers, Sunday School teachers, and others who work to spread the teachings of Jesus Christ.
It is also involved in promoting and supporting various Christian missions, which are the cause of the SBC.
Why did Thom Rainer leave Lifeway?
Thom Rainer left his role as President and CEO of Lifeway in 2018 after nearly a decade of leading the company. In a statement released at the time, Rainer said that he and the board of directors had agreed that it was the right time for him to transition and pass the torch, as it was a natural transition point for the organization.
Rainer had been with the organization since 2009, and it had grown under his leadership and his commitment to advancing the mission and purpose of Lifeway. He believed that this was an optimal time for the transition, as the team was vibrant and well-equipped to transition to a new leader and continue the growth and success of the organization.
While Rainer has moved on to pursue other opportunities, he still has fond memories of working with the terrific group of people at Lifeway.
Who owns Holman Bible Publishers?
Holman Bible Publishers is a wholly owned subsidiary of LifeWay Christian Resources, which is an entity of the Southern Baptist Convention. LifeWay’s mission is to serve the Church in making disciples of all nations by providing “clear direction and life-shaping tools” designed to help churches and individual believers grow in their faith.
Holman Bible Publishers has been a part of this mission since 1743 and is the oldest Bible publisher in the United States. LifeWay focuses on print, digital, and mobile Bibles, Bible study resources, and related Christian products.
Holman Bible Publishers produces the Holman Christian Standard Bible, the premier study Bible for Conservative Evangelical Christians. They also produce the world’s first fully customizable Bible, the KJV Life In The Word Bible, as well as a variety of books and other products including Study Bible and Leadership resources, Children’s Bible Storybooks, and Bible reference works.
When was lifeway founded?
Lifeway Foods, Inc. was founded in 1986 by nurses Butz and Stassen in Morton Grove, IL. The two were inspired to create the brand after discovering the health benefits of drinking kefir, an ancient, fermented beverage.
They sought to make it easy and convenient for everyone to get access to kefir and bring the wellness benefits to the masses. Lifeway’s flagship product, kefir, is a fermented beverage made with a special blend of 11 beneficial live and active probiotic cultures.
The unique recipe of these probiotics create a powerful combination that helps promote improved digestion and natural immunity. Today, Lifeway produces over 100 varieties of kefir, plus other products like drinkable probiotic yogurt smoothies, plant-based protein shakes, and soft-serve frozen kefir.
What denomination is lifeway?
Lifeway is a non-denominational Christian Church that is focused on helping people to embrace the transforming power of Jesus Christ. They seek to create a relevant message and meaningful worship experience for believers of various backgrounds and beliefs.
The church also encourages believers to grow in relationship with God through prayer, worship and community. This is done in a way that does not adhere to one particular denomination. Instead, Lifeway models itself as a bridge between denominations, offering a safe place for believers of any Christian tradition to come together, share their stories, worship, and learn about their faith.