MOON LAKE SPENDS $2.7 MIL­LION ON DAIRY RE­PLACE­MENT

Dairy News Australia - - NEWS - TASMANIA -

Moon Lake In­vest­ments has an­nounced it will spend $2.7 mil­lion up­grad­ing the dairy on its Wool­north prop­erty in north­west Tas­ma­nia. The Wool­north prop­erty, the Gums, is part of the Van Diemen’s Land Com­pany, Australia’s big­gest dairy, which Moon Lake pur­chased in 2015. The com­pany said re­plac­ing the ex­ist­ing 50 bail ro­tary with a new 60 bail ro­tary plat­form pro­vides the op­por­tu­nity to ex­pand out­put by 20 per cent. Work is due to start in Novem­ber and the new ro­tary is due to be op­er­a­tional in the se­cond quar­ter of next year. Moon Lake Man­ag­ing Di­rec­tor Sean Shwe said the new dairy was “an ex­am­ple of Moon Lake’s com­mit­ment to the VDL Farms en­ter­prise”. It is part of the com­pany’s com­mit­ment to in­vest $100 mil­lion over five years on its Tas­ma­nian oper­a­tions. “The com­pany spent $6.3 m in cap­i­tal ex­pen­di­ture in 2016, with a fur­ther $6.6 mil­lion in cap­i­tal com­mit­ted in 2017,” Mr Shwe said. The Wool­north op­er­a­tion is a 1000 milk­ing cow farm and spring calv­ing farm and the new cow­shed will have the abil­ity to han­dle up to 200 more head.

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