Foremost Dairy Products, Incorporated was a large dairy in the southern United States.
J. C. Penney, founder of the department store bearing his name, was behind the creation of the Foremost Dairy Products Company. In one of his addresses he said: "There is a $300,000,000 undeveloped dairy potential in the south alone. The activities of the Foremost Dairy Products Organization will be devoted to the development of this potential source of income."[1]
Penney, along with his partner Ralph W. Gwinn, invested heavily in Florida real estate in the 1920s, especially Clay County in northeast Florida around Jacksonville. They established Penney Farms (an experimental farming community), which provided the basis for the Foremost Dairy Products Company.[2]