Dairygold chief reassures shareholders

Dairygold’s much debated milk supply agreement and plan for the future “was not something done on the back of a cigarette case overnight,” chief executive Jim Woulfe told shareholders last week at Ovens in Mid-Cork.

The attendance of about 200 shareholders indicated that many want clarification and reassurance from co-op directors, regarding the road ahead.

On milk supply agreements, Mr Woulfe said, “What we don’t want in the future is to commit to an over-investment and discover that the milk doesn’t come, or an under-investment and then be in a position where we are unable to handle the volume.