SOURCE: Industrial Info Resources

Industrial Info Resources

June 26, 2014 06:15 ET

Devondale Murray Goulburn Eyes Asian Markets With $127 Million Investment, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Jun 26, 2014) - Researched by Industrial Info Resources Australia (Perth, Australia) -- Dairy foods producer Devondale Murray Goulburn Co-operative Limited (Melbourne, Australia) plans to invest AU$127 million (US$119 million) in capital upgrades, to be split across three existing facilities in Victoria and Tasmania. The projects "involve investment in world-leading technology, with state-of-the-art automation for processing and packaging a range of dairy foods destined for Asian and Australian consumers," Managing Director Gary Helou said in the announcement.

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