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Fonterra details expansion plans in new announcement

Author
Newstalk ZB,
Publish Date
Wed, 28 Aug 2024, 4:20pm
(Photo / File)
(Photo / File)

Fonterra details expansion plans in new announcement

Author
Newstalk ZB,
Publish Date
Wed, 28 Aug 2024, 4:20pm

Fonterra's set to expand one of its South Island sites to create a hub for high value proteins.

The $75 million investment into the company's Studholme site is part of a strategy to grow value through its ingredients business.

Fonterra's proteins are designed for product applications such as medical and high-protein sports nutrition.

CEO Miles Hurrell joined The Country's Jamie Mackay to discuss.

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