The SINO-U.S. Food Wisdom Valley was established in Seattle, U.S.A. on Wednesday [23 September 2015] by China’s Yili Group and the U.S. collaborative partners. Based in north China’s Inner Mongolia Autonomous Region, the group is the biggest dairy producer in Asia, reaching out to Europe, America, and Oceania. According to sources, the SINO-U.S. Food Wisdom Valley will effectively promote a wide range of bilateral cooperation between agri-food enterprises, universities, research institutes…Full Article: Xinhua Sept 2015
- As part of the agreement, Yili will partner with the University of Pennsylvania’s Wharton School, UC Davis, Cornell University, and the University of Minnesota.
- In November 2014, Yili announced it would invest ~US$489 million in four dairy product factories in New Zealand. During the same month, Yili also announced it would invest ~US$30 million in the construction of a milk powder factory in Kansas, USA.
- In February 2014, Yili inaugurated a dairy research and development facility in Wageningen University, Netherlands.
- Yili Group traces its roots back to 1956 when it operated as a dairy cooperative in Hohhot, Inner Mongolia Region. In 1993, the company was restructured as Yili Group and began its ice cream operations. Currently, Yili produces milk, milk beverages, sorbet, ice cream, milk powder, milk tea powder, yoghurt, and cheese. Since 2005, the company has been China’s top supplier of milk powder and milk tea powder.