Fonterra expands in Stanhope03/12/2015
Fonterra will expand its major cheese manufacturing facility in Stanhope, safeguarding 120 existing jobs and generating an additional 30 jobs through a $120 million investment.
The Victorian Government has worked closely with Fonterra Australia to attract and facilitate the investment, securing the overall project.
Fonterra is one of the world’s leading dairy producers and manufacturers, operating 10 manufacturing sites across Australia, five of which are located in regional Victoria. The Stanhope cheese facility suffered damage due to fire in December 2014, which halted hard cheese production at the site.
The $120 million modernisation and expansion project will include:
- demolishing and and rebuilding the fire damaged hard cheese plant
- installing modern processing equipment to increase the production of hard cheeses
- building and installing a modern mozzarella cheese manufacturing facility
- re-instating whey production for the increased plant capacity.
This major investment supports the economic viability of Stanhope and the associated dairy farming sector into the future. It will also bring additional economic benefits with some 75 construction jobs during the 18 month building and commissioning phases, representing $10 million in wages and salaries.Victoria’s $2.4 billion dairy industry represents 85 per cent of the nation’s dairy exports and projects like this are an exceptional example of what Victoria has to offer the world.