Dairygold pledge not to waste cash

DAIRYGOLD will not rush to invest farmers’ money in new processing facilities until it has exhausted all “brown-field” options, according to chief executive Jim Woulfe.

Dairygold pledge not to waste cash

Speaking at yesterday’s Teagasc National Dairy Conference in Cork, Mr Woulfe said his board is assessing Dairygold’s existing production capacity, and will publish the findings of its ongoing viability study before the end of the first quarter in 2012.

“We must first look at Mitchelstown and Mallow, where we are already achieving 17% to 18% production increases,” said Mr Woulfe. “We are conducting extensive feasibility studies on the production situation post-2015.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited