AUSTRALIA – Camperdown Dairy International has moved plans forward to develop a new processing plant on an existing site.
The former Bonlac facility in western Victoria is to get a A$120 million factory rebuild by the milk powder market entrant, according to local reports.
An unrelated entity, Camperdown Dairy, a subsidiary of Aussie Farmers Direct, is a part occupier of the site and announced plans to expand its fresh dairy business towards the Asian export market.
Dairy Australia said: “CDI announced in May 2014 its plans to establish a farm-to-factory operation targeting 100 million litres throughput, with backing from agricultural investment management company EAT Group and mining services company MCG Group."
Aside from its Camperdown project, MCG Group has been diversifying its interests across property development, construction and logistics services, Dairy Australia added.
TheCattleSite News Desk