Business Irish

Tuesday 23 January 2018

Dairy board opens $12m cheese plant in Wisconson

IDB chief executive Kevin Lane
IDB chief executive Kevin Lane

THE Irish Dairy Board is opening a new $13m cheese plant in Wisconsin today.

The expansion is part of its Thiel Cheese & Ingredients subsidiary in an €80m investment programme in the US.

The facility is expected to boost manufacturing there by 40pc and prove a route for Irish dairy producers.

The board employs 3,100 people across the globe and has its headquarters in Dublin.

It is responsible for 60pc of Irish dairy product exports to 100 countries and has annual sales of €2bn.

"Today marks the completion of a very significant investment programme by IDB into the US Food Ingredients market and is in-line with our growth strategy to invest in high growth dairy businesses that deliver strong returns to our members," said the board's chief executive Kevin Lane.

"The focus of this investment is on innovation as much as production with our new facility enhancing our ability to create innovative food solutions that meet the evolving needs of our US customer base and their brands," Mr Lane added.

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business