Fonterra investing $70m in new electrode boilers
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
His comments come after a meeting in Wellington yesterday with Prime Minister Jacinda Ardern and senior ministers.
“We are looking forwards to working with the Government on the review undertaken by Minister O’Connor (Agriculture Minister Damien O’Connor),” he says.
Monaghan says apart from briefing Government on its annual results, they discussed other matters relating to the industry. He did not elaborate.
Monaghan was accompanied by new chief executive Miles Hurrell.
