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04/11/2015
Glanbia In Advanced Talks Over $140m Expansion In New Mexico
Glanbia based in Kilkenny has announced it is in advanced discussions with its joint venture partners for a $140 million expansion of their cheese and whey production plant in Clovis, New Mexico.
The expansion, which is expected to be completed in two years, will increase milk processing capacity by almost 30% and create an additional 50 jobs.
The joint venture between Glanbia and the dairy cooperatives of the Greater Southwest Agency, including Dairy Farmers of America and Select Milk Producers, currently processes over 220 truckloads of milk per day, making it one of the largest single site manufacturers of premium quality cheese and whey protein in the world.
Glanbia Global Ingredients CEO Brian Phelan said: "I am delighted to announce, together with our joint venture dairy cooperative partners, that we are at an advanced stage in our discussions for the expansion of Southwest Cheese. Since the commissioning of the plant in 2005 the partnership has been extremely successful. With this expansion we are making a significant commitment to our employees, our producers, our customers, our local community and the economy of New Mexico as we seek to capture further domestic and international cheese and whey market share."
(CD/LM)
The expansion, which is expected to be completed in two years, will increase milk processing capacity by almost 30% and create an additional 50 jobs.
The joint venture between Glanbia and the dairy cooperatives of the Greater Southwest Agency, including Dairy Farmers of America and Select Milk Producers, currently processes over 220 truckloads of milk per day, making it one of the largest single site manufacturers of premium quality cheese and whey protein in the world.
Glanbia Global Ingredients CEO Brian Phelan said: "I am delighted to announce, together with our joint venture dairy cooperative partners, that we are at an advanced stage in our discussions for the expansion of Southwest Cheese. Since the commissioning of the plant in 2005 the partnership has been extremely successful. With this expansion we are making a significant commitment to our employees, our producers, our customers, our local community and the economy of New Mexico as we seek to capture further domestic and international cheese and whey market share."
(CD/LM)
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