Australia: Parmalat invests in facility upgrade
Leading global dairy firm Parmalat is to invest A$12 million ($8.8million) to upgrade its facility in the suburb of Clarence Gardens, Adelaide, Australia, it has been reported.
According to sources, investing in new the processing capability will allow the site to start exporting three milk brands from South Australia to China.
Craig Garvin, the company’s Australian chief executive, said: "These new capital expenditure investments will allow Parmalat to significantly increase production in the state, including state-of-the-art machinery for our flavoured milk brands, which will ultimately see us sourcing more milk from SA dairies"."
This new investment comes on top of A$18 million ($13.2 million) that the company invested in the facility in 2011.
Source: Food & Beverage