Dairygold and Glanbia extend milk processing arrangement
Dairygold and Glanbia Ingredients Ireland (GII) have agreed a three-year contract manufacturing and supply collaboration to the end of 2019.
This follows a successful 10-Year Contract Manufacturing and Supply Agreement between the two dairy processors.
Under the new arrangements, Dairygold will process whole milk into Cheese, Whey and/or Skim Milk Powder for GII. Meanwhile, GII will process cream into Butter and Buttermilk Powder for Dairygold.
In a joint statement Jim Woulfe, CEO, Dairygold and Jim Bergin CEO, GII confirmed the contract manufacturing and supply working relationship over the past ten years has been mutually beneficial for both parties.
"Collaboration has worked well and continues to be strategically significant in allowing each of the two businesses to build out their processing investment plans, while working together in areas of significant mutual benefit,” they said in the statement.