A state-owned Chinese company is investing in a Southland company to build a $200 million dairy processing plant with the promise of creating 100 new jobs. Mataura Valley Milk has announced China Animal Husbandry Group (CAHB) will have a 71.8 per cent stake in the plant, 20 per cent will be held by Southland farm suppliers and the remainder by Hamilton-based milk powder company BODCO and Mataura directors…Full Article: Stuff.co.nz July 2016

Key Point

  • The new dairy factory will be built in Gore, New Zealand (South Island), and will reportedly produce infant formula, ultra-high temperature (UHT) cream, and skim milk powder.

ChinaAg Comment

  • Founded in 1982 and headquartered in Beijing, China Animal Husbandry Industry (SHA:600195) is a Shanghai-listed company that is administrated by China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company (aka China Animal Husbandry Group or CAHB) produces and distributes feed additives, veterinary vaccines, milk powder, whey protein, DDGS, alfalfa, poultry (broiler breeders), meat (beef), animal feed (hogs, fish, chickens, ducks), honey, and pet food.

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