Westland Milk invests millions in butter production

New Zealand dairy company Westland Milk has announced it will invest $40 million in upgrading its existing butter factory. With this it wants to enter new, international markets. It also aims to switch from a supplier of bulk milk products to a supplier of consumer goods.

Westland Milk, the New Zealand dairy that was acquired by Yili in 2019 for $588 million, aims to grow from a supplier of bulk milk products to a supplier of consumer goods. To achieve this goal, the producer is investing $40 million in upgrading its existing butter factory. "This investment underlines the important role that Westland Milk plays in Yili's plan to supply international industrial and consumer markets," said Shiqing Jia, director of Westland.

Take advantage of demand
Westland Milk also hopes to benefit from the expected increase in butter sales with the investment. “In the future, the demand for butter is likely to be significant, and the upgraded factory will then play a major role,” the director said. With the upgrade of the current facility, production should be able to grow to 42.000 tons per year.

Work on the Westland Milk butter factory is expected to begin sometime in May and take approximately 3 months to complete.

Kimberly Baker

Kimberly Bakker is an all-round editor at Boerenbusiness. She also has an eye for the social media channels of Boerenbusiness.

k.baker @boerenbusiness. Nl

© DCA Market Intelligence. This market information is subject to copyright. It is not permitted to reproduce, distribute, disseminate or make the content available to third parties for compensation, in any form, without the express written permission of DCA Market Intelligence.