Bega receives $5 Mgrant
Tatura Milk Industries chair Barry Irvin said he was pleased to announce recently that Bega Cheese had received a $5 million Federal Government grant for a high value dairy bionutrient extraction facility, which will be installed at Lagoon St, Bega.
Mr Irvin said the total cost of the project was about $22 million and the company had begun the planning development and approval process.
‘‘This new project is a reflection of the company’s consistent, long-term strategy of investing in high value manufacturing in our key business platforms of dairy manufacturing, consumer packaged goods, dairy nutritionals and bio nutrients,’’ he said.
‘‘A consistent and wellmanaged investment program has seen the company create quality capacity and capabilities in high-value dairy products which is vital, particularly in times of low global prices.’’
Mr Irvin said in dairy manufacturing, there were always components of milk that had the potential to be impacted by commodity process and exchange rate.
‘‘In our business a good example of that is cream cheese. The company has made consistent investment in high quality capacities in cream cheese manufacture and value adding at Tatura and our cream cheese business is a great success story.
‘‘Of course when you produce cream cheese you create skim milk and that presents a challenge, particularly in years such as this one when global prices for skim milk powder are particularly low,’’ he said.
‘‘The objective of our business is to always continue to invest to add value to the milk we receive and the product we produce.
‘‘There are great examples of this across the business including prod-
commodity ucts such as string cheese at Bega, infant formula and growing-up milk powder manufacturer at Tatura, canning and blending at Derrimut, automation and investment at Coburg, Ridge St and Strathmerton.
‘‘We are delighted to be adding high-value bionutrient production at Lagoon St, which complements the existing capacity we have in lactoferrin product at Tatura and further adds to our capabilities in bio-nutrient production.’’
Tatura Milk Industries milk supply services manager Stuart Brown advises that milk intake continues to be well above last season, and is responding to the dry conditions.
‘‘Unfortunately autumn rains have been spasmodic, and most suppliers have grazed all available green feed,’’ he said.
‘‘Hopefully some wetter conditions are on the way.’’