Fonterra Suppliers Confident in Mainland Dairy Future
Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.
It has started construction on a $75 million butter plant expansion at its Clandeboye site in South Canterbury.
The build is part of Fonterra's commitment to invest up to $1 billion over the next three to four years in projects that generate further value and drive operational cost effectiveness.
It is also expanding its organic business to the South Island for the first time.
This is in addition to Fonterra's ongoing recruitment of organic farmers in the North Island, where more than 100 farms are already part of the Fonterra Organic Programme.
