Dairy giant Fonterra is investing NZ$300m (US$244.1m) in the development of a second milk powder drier at its facility in Darfield, New Zealand.
The drier, which will supply milk powder to markets including the Middle East, South East Asia and China, is expected to be operational by 2013. Work on the development will begin in the next few months.
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Fonterra trade and operations manager Gary Romano said the second dryer would have double the processing capacity of the first. It would enable the Canterbury site to process an extra 4.4m litres of milk per day.
“Our Darfield site has always been about future proofing Fonterra’s operations for milk production growth in the South Island. Since we first announced plans for Darfield in 2009 we’ve seen even more increases in the regions than anticipated,” he said.
“At this rate the first drier will be full within a few years so we need to act now to help meet the existing demand and further growth.”
Around 60 jobs will be created as a result of the investment, adding to the current team of 100.
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By GlobalData
