China repair job under way with next week's Fonterra board visit

Fri, 30 Aug 2013

Aug. 30 (BusinessDesk) – Fonterra Cooperative Group's repair job with Chinese customers and officials will begin in earnest next week as the cooperative's board heads to China with chief executive Theo Spierings. The board, led by chairman John Wilson, had been planning a visit to China in early September anyway, but the mission has taken on critical importance since the roller-coaster ride Fonterra's customers have taken over the disclosure, later disproved, of potential botulism contamination of infant milk formula. While government ministe...

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