Dairy Crest to invest £45m in new Davidstow product line
CHEESE giant Dairy Crest has confirmed a £45 million investment at its North Cornwall creamery in its latest trading update.
As revealed in the Cornish Guardian in July, it plans to invest in new technologies at its Davidstow plant that will draw on the strengths of the 120-strong workforce and also create a number of new jobs.
The investment, approved by the board last week, is intended to enhance the value of the dried whey produced during cheese-making at the Cathedral City creamery. Dairy Crest says it intends to begin installing the new equipment in the first half of 2015.
The project is expected to take 18 months to complete and the company says it anticipates a resultant boost in its annual profits of more than £5 million.
Buy one get one free on main course and specials excludes fillet steaks and beef Wellington
Must book to qualify 01209 860332 and present voucher on arrival
Mon- Thur 6-9pm
Contact: 01209 700617
Valid until: Saturday, December 21 2013
At present standard whey powder is produced, mostly sold to food manufacturers. A new, demineralised product will be targeted at the lucrative baby-food industry.