Glanbia's $400m US expansion will consolidate its position as the largest producer of American-style cheddar cheese and add over one billion litres to its US milk pool.
On Friday the company, Ireland's largest dairy processor, announced that it was in "advanced discussions" with three local dairy co-ops to build a greenfield cheese and whey plant in the state of Michigan.
The plant will have the capacity to process up to 3.6 million litres of milk daily and come on stream in the second half of 2019. Ownership of the plant will be split 50:50 between Glanbia and its US partners, Dairy Farmers of America, Michigan Milk Producers Association and Foremost Farms USA. The co-ops will supply the milk while Glanbia "will have full responsibility for all commercial, technical and operational aspects of the business", according to the Glanbia announcement.
To read the rest of the story, please go to: Independent
