AUSTRALIA – King Island Milk, a milk processor on the island of the same name, has gone into receivership after only a year of producing long life food products.AUSTRALIA – King Island Milk, a milk processor on the island of the same name, has gone into receivership after only a year of producing long life food products.

It is believed that machinery problems and a shortfall in milk supplies contributed to the problems facing the company, which employed about 40 people and bought milk from three dairy farmers on the island.

The worst drought in 100 years also hit the company hard, and it is thought that the plant will be offered as a going concern to the island’s other milk processor, the King Island Dairy.