Fonterra's Stanhope factory will be doubled in size as part of a new $165 million expansion in cheese production announced today.
Stanhope is earmarked for $125 million of capital expenditure to double the size of the plant. The investment in the new cheese plant and aligned facilities will increase cheese production by a further 35,000 metric tonnes at the site for a range of cheeses including cheddar and mozzarella. Stanhope currently produces 45,000 metric tonnes of product including cheddar, mozzarella, gouda, parmesan, pecorino, romano and ricotta.
Stanhope Site Manager Jason Wright says the plant, which officially reopened in August 2017 following a $140 million rebuild and expansion, is seen as an important asset in Fonterra Australia’s push to make the most of domestic and global demand opportunities for products like cheese.
The news comes only months after dairy company ACM announced it was going to build a new factory at nearby Girgarre.