Milk processing co-operative, Murray Goulburn will spend $74 million upgrading its Cobram factory as part of $127 million spend on capital projects.May 2, 2014 7:00am
Milk processing co-operative, Murray Goulburn will spend $74 million upgrading its Cobram factory as part of $127 million spend on capital projects.
The three projects consist of a $74 million investment in consumer cheese at Cobram, $38 million in infant nutrition at Koroit and Cobram, and $14 million in dairy beverages at Edith Creek in Tasmania.
Murray Goulburn managing director Gary Helou said they were investing in the future of Devondale Murray Goulburn to deliver higher farmgate returns, as they strive to navigate a new path to meet and serve the growing needs of international consumers and customers for Australian made dairy foods.
More in The News tomorrow.
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