Murray Goulburn ploughs $127m into facilities

Murray Goulburn is building a new $74 million cheese cut and wrap factory as part of a $127 million investment in its facilities to support Asian export markets.

The company announced three new processing and packaging projects at its existing sites in Victoria and Tasmania to be delivered over the next year and a half.

In addition to the $74m investment cheese at Cobram, MG will invest $38m in infant nutrition at Koroit and Cobram, to increase capacity for production of nutritionals for growing international infant nutrition markets.

A further $14m will go towards installing a flexible small format cup and bottle filling line to commercialise a range of dairy beverage products at Edith Creek in Tasmania.

The company said the aim was to make value-add products for Asian consumers.

Last year the company invested $120 million in fresh milk facilities in Melbourne and Sydney.