Glanbia, Dairy Farmers of America (DFA), Michigan Milk Producers Association (MMPA) and Foremost Farms USA (Foremost Farms) are in advanced discussions to create a stand-alone joint venture to build and operate a new cheese and whey production facility in Michigan, US.
Upon completion, the plant is projected to process eight million pounds (3.6 million liters) of milk per day.
It is proposed that 50% of the joint venture will be owned by Glanbia and the 50% balance will be owned by DFA, MMPA and Foremost Farms.
As part of the proposed joint venture DFA, MMPA and Foremost Farms would supply all milk required by the plant.
Glanbia will have full responsibility for all commercial, technical and operational aspects of the business.
The commissioning of the new facility is expected to take place in the second half of 2019.
