GLOBAL dairy exporter Fonterra will spend $10 million to boost its Tasmanian cheesemaking capacity. The dairy company is also looking for another 100 million litres of milk from its 300 Tasmanian suppliers as it pushes its products further into the lucrative Chinese and Indian markets. Fonterra Ingredients Australia managing director Bruce Donnison told the Tasmanian Dairy Conference in Burnie this week the $10 million upgrade of the Wynyard plant would boost cheese production from 30,000 to 35,000 tonnes a year. Mr Donnison said Fonterra's total investment in Tasmania would increase by 50 per cent over the next 10 years. He said record milk prices paid to Tasmanian dairy farmers over the past two seasons had injected $260 million into the economy at the farm gate. The conference heard the increase in demand for dairy...
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