Synlait invests in new infant formula facility
New Zealand-based milk processor Synlait is investing approximately $189 million to establish a nutritional powder manufacturing site on 28 hectares in Pokeno, North Waikato.
New Zealand-based milk processor Synlait is investing approximately $189 million to establish a nutritional powder manufacturing site on 28 hectares in Pokeno, North Waikato.
“Our forecast increase in customer demand for infant formula products means we need to add additional powder manufacturing capacity as soon as we can,” says Graeme Milne, chairman. “Our long-term infant formula supply agreements underpin this forecast demand, and we have these in place with The a2 Milk Company, New Hope Nutritionals, Bright Dairy, and Munchkin.”
The addition of the Pokeno plant, says Synlait CEO John Penno, will provide the company with “a national portfolio of added-value capability to leverage for our future growth. Along with Synlait Auckland and our Research and Development Centre in Palmerston North, we will have some of the most reliable, productive, and modern capability globally to support our customers, categories, and markets, as well as our value-add strategy.”