date:Jul 25, 2014
in the area in the past three years.
He added, We are continuing looking at where we can further invest in the Waikato, but have to make decisions based on what aligns with Fonterra's strategy and will drive the greatest returns to our farmer-shareholders.
We have invested heavily in our foodservice business, spending $120 million on a new UHT plant at our Waitoa site and $30 million on a cream cheese plant at Te Rapa, which combined have created 90 permanent jobs, on top of the hundreds invo