China's Yili eyes another $200M investment as NZ dairy operations pick up steam

Wed, 25 Oct 2017

By Rebecca Howard Oct. 26 (BusinessDesk) - As China's Inner Mongolia Yili Industrial Group eyes up a possible expansion into Australia, its New Zealand operation is picking up steam with plans to build a state-of-the-art laboratory and to invest at least another $200 million. Oceania Dairy - the South Canterbury-based dairy company owned by Yili - is in the process of commissioning the second stage of its development, which includes a canning and blending operation for infant formula and two UHT manufacturing lines, general manager Roge...

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