Dive Summary:
- Agropur, a Quebec based milk processor, has just invested over $100 million in a whey processing facility in Wisconsin.
- The money went to increasing the capacity of the plant, as well as upgrading and retooling much of the aging technology.
- In a recent statement from the company, executives at the company said they were excited for the prolonged growth and solid returns of the U.S. dairy industry.
From the article:
Canadian dairy processor Agropur plans to invest more than $100m in a US whey processing facility to increase the plant's capacity and upgrade existing technology. The Quebec-based firm announced yesterday that improvements would be made to its Luxemburg whey processing plant in Wisconsin, with the money being channelled to increase production capacity a...