Jobs boost from cheese factory expansion
February 17, 2010
Milk giant Warrnambool Cheese and Butter Factory yesterday announced a major expansion of its boutique cheese factory near Mount Gambier.
The expansion — which will boost production at the Mil Lel site from 300 to 1500 tonnes per year — is expected to create up to 25 additional jobs and will become a packaging, cutting and shredding facility for domestic product. Read more
‘Business as usual’ for dairy company
February 3, 2010
Dairy giant Murray Goulburn will attempt to gain a stranglehold of the milk production from the South East, following an aggressive takeover bid of its rival dairy processing company.
Murray Goulburn Co-operative has informed its shareholders that it has made a proposal to acquire all shares in the Warrnambool Cheese and Butter Factory (WCB), which has dairy suppliers across the Mount Gambier region and a holding facility and small boutique cheese factory at Mil Lel. Read more
Murray Goulburn reveals WCB bid
January 29, 2010
Murray Goulburn Co-operative Co Limited (MGC) today advised its supplier-shareholders it has submitted a proposal to acquire all the shares in Warrnambool Cheese and Butter Factory Company Holdings Ltd (WCB).
The letter explained that MGC put a proposal to the WCB Board in December last year and that this proposal had been rejected. Read more
Dairy companies face collapse
September 23, 2009
Three companies in the Mount Gambier-based Ryan Management Group, which are linked to Carilla Dairy in Tintinara, are in all receivership.
Lomaria, the company which runs the dairy, owes unsecured creditors $6.7m; Real Agribusiness, the trustee of the land which owns the dairy, owes $203,000; and Real Dairy Management, which operates and owns the dairy equipment, owes $755,000. Read more
Dairy company profits plummet
August 31, 2009
Dairy giant Warrnambool Cheese and Butter Factory (WCB) yesterday announced an “unprecedented downturn” in financial results for the year ending June 30.
WCB revenue was down 16pc to $441m on last year’s result. Read more
Carbon scheme hits dairyfarmers
June 3, 2009
Dairyfarmers will be among the hardest hit financially by the Carbon Pollution Reduction Scheme, according to a new ABARE report.
Impacts from CPRS will vary based on the proportion of emissions intensive inputs, the emissions intensity of production and the extent to which agricultural processors also pass on their increased costs to farmers.
ABARE executive director Phillip Glyde released the report this week entitled “Effects of the Carbon Pollution Reduction Scheme on the economic value of farm production”. Read more
Milk price collapses
April 2, 2009
Angry South East dairyfarmers have warned they will start pouring milk down the drain in a possible mass protest after a major milk processing factory announced savage farmgate price cuts this week.
Considered the worst crisis in living memory for South East dairyfarmers, “shell shocked” suppliers of dairy giant Warrnambool Cheese and Butter Factory yesterday were still coming to grips with the announcement. Read more
Volatile future for dairy industry
January 29, 2009
The Australian dairy industry has been shaken by the global financial downturn, according to Dairy Australia’s latest “Situation and Outlook” report.
Dairy Australia’s manager of strategy and knowledge Joanne Bills said the rapid, unprecedented fall in international markets and recent cuts to current season prices had created uncertainty and undermined confidence in the industry. Read more
Farmgate milk prices under pressure
December 23, 2008
THE region’s $330m dairy industry is facing possible turmoil, following the world financial turbulence triggering a sudden downturn in the export industry.
A South East dairyfarming leader yesterday described the situation as “devastating” and warned of widespread ramifications on the local economy, particularly businesses and traders in Mount Gambier as jittery farmers begin to “close their cheque books”. Read more
Kraft plant withstands global pressure
December 14, 2008
The strength of products produced at the Kraft Suttontown plant is expected to help the facility endure the predicted tough times ahead for the manufacturing and processing sector as the global economic downturn hits.
Kraft’s Suttontown factory employs 120 people, producing 23,000 tonnes per annum, and is the Asia-Pacific home of Philadelphia cream cheese. Read more
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