Crediton Dairy announces £12 million investment
Crediton Dairy has announced it is investing £12 million in its flavoured and functional milk processing facility, expanding its capacity and processing capabilities.
The project will see the creation of a second, new production hall containing two new high speed fillers taking the number of filling lines at Crediton Dairy to seven. In addition to increasing processing capacity, these will provide Crediton with greater flexibility to produce a wider range of flavoured and functional milks utilising new production techniques and packaging formats.
Having invested £14 million since the MBO in 2013, Crediton Dairy has made significant progress in building its capability to produce high quality, added value flavoured and functional milk drinks. These include its branded Arctic iced coffee range, Moo flavoured milks and functional milks such as Flora Pro Activ, Lactose free milk and most recently a2 milk, as a result of a supply partnership with the a2 Milk Company. This new investment will enable further growth and innovation including the development of a range of enriched functional milks.
Work on building the new production hall will commence in March and it is expected that the new facility will be completed by Autumn 2019.
Tim Smiddy, managing director of Crediton Dairy said: “This latest investment at the dairy is fully in line with our strategy of becoming a leader in the fast growing flavoured and functional milk drinks segments of the market. The new production hall will increase our processing capacity, capability and flexibility and will allow us to develop further an exciting range of innovative branded and own-label products that meets growing consumer demand.”