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Independent.ie

Friday 9 December 2016

Fonterra set to grow in China

Published 26/07/2011 | 05:00

New Zealand dairy giant Fonterra is to invest $45m (€31m) in building a third dairy farm in China.

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Demand for milk in China is expected to triple over the next 10 years and this latest farm will increase Fonterra's production there to 90m litres a year.

The new farm will be developed on 40.7ha in Yutian County of Tangshan City, and the herd of 3,200 milking cows will produce around 28m litres a year. It will employ 100 people, and construction is expected to finish by the end of next year.

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