Tag: cheese
Pure Dairy secures US investment to boost Australian dairy industry
Melbourne-based Pure Dairy, a leader in global dairy trade and food services, has announced a strategic partnership with US cheese packaging giant, Great Lakes Cheese.
Pure Dairy’s Dandenong South facility nears completion
Pure Dairy’s new 13,000-square-metre manufacturing and cheese processing facility in Dandenong South is on track for completion, with production set to begin in April 2025.
Fonterra reports strong earnings amid challenges in FY23
New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season.
Fonterra says soaring cheese prices drove half year sales to $546m
New Zealand dairy giant Fonterra has reported a 50 per cent spike in its first-half profit, totalling NZD 546 million (AUD 506 million), owing mostly to favourable margins in the company’s cheese and protein portfolios.
Dairy giant Fonterra to build $141m plant in Australia
Fonterra has announced that it will invest $141 million to build a new cheese plant at its Stanhope factory in Victoria.
According to the official...
Murray Goulburn set to expand Devondale brand abroad
Devondale Murray Goulburn, Australia’s largest dairy food company, has announced a $91 million investment in its Cobram facility, with the significant upgrade expected to...
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