Finland-based dairy group Valio is to make a EUR100m (US$120.6m) investment in additional production lines at its Lapinlahti facility, according to reports.
The project would involve additional powder and cheese lines being built, with construction expected to begin in 2011, local publication Helsingin Sanonat reported yesterday (10 June).
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The powder line is expected to be completed by 2012, while the cheese line is expected to be ready the end of 2014.
The plant is understood to employ around 320 staff and it is the largest of Valio’s cheese factories.
In April, Valio reported a “difficult” 2009 for the dairy markets as it booked a drop in net sales.
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