Revamped Fonterra to be ‘more capital-efficient’
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
The site is in its final stages of testing before commissioning Anchor UHT milk and cream products at the end of this month.
Wilson says he is impressed with how quickly it had taken the site to get to this stage with construction completed in 12 months.
"It was great to get the chance to visit and meet the team who have brought our Waitoa site to life. There is a real sense of pride from the team on the ground.
"It's exciting to think that 24,000 packs per hour will soon be being produced for customers in China and throughout Asia."
Fonterra's UHT milk processing site at Waitoa will allow the cooperative to process more than 100 million litres of milk per year by August when all five of its processing lines will be operating.
