The dairy giant's announced a 75-million-dollar expansion to its Studholme factory in South Canterbury.

It will be a hub for high protein ingredients - for sports nutrition and other medical products.

CEO Miles Hurrell says it's an opportunity for the company to expand its footprint in New Zealand - and in the competitive market.

>> More Rural News

Other Rural News

17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction

26 Aug: A new development, in the sale of Fonterra's consumer arm

23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland

22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

21 Aug: The uncertainty isn't over for dairy farmers

12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?

06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight

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