Chinese dairy company Inner Mongolia Yili Industrial Group Co. has made a second investment into the dairy production base in New Zealand it acquired at the end of 2012.

Yili has added CNY2bn (US$326.5m) to an initial CNY1.2bn investment made last year at the site, located in Waimate.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The new investment will be used in four parts, including a raw milk deep-processing project, a UHT liquid milk project, a milk powder production facility and a packaging facility.

Last week, Yili signed a milk powder venture with US co-op Dairy Farmers of America that will see the two companies build a facility in Kansas. Yili will own 30% of the venture.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now