Velveeta Queso Blanco Flavor Cheese Slices 16 Ct Pack . I don't know if it's the ratio of ingredients, the companies providing said ingredients, the equipment. Growing up, who didn't have Velveeta cheese in the pantry? It was crucial for making queso, the ideal ingredient for quick mac and cheese, and melted perfectly. Aug 23, Velveeta operated as a independent company in Monroe, NY until the food giant —which was already producing its own processed cheese. Jul 10, While it contains many of the same primary ingredients as cheese, Velveeta is so highly processed that it in no way resembles actual cheese. May 24, While we are the first people to agree that cheese is life, we'd also argue that not all cheese was created equal. If you're into the glowing. Allergens. Milk. Ingredients. Milk, Whey, Milk Protein Concentrate, Whey Protein Concentrate, Water, Sodium Phosphate, Contains Less than 2% of Maltodextrin, .