Fonterra plans to close Kaikoura cheese factory

Fonterra plans to close Kaikoura cheese factory
Edwin Mitson
By Edwin Mitson March 1 (BusinessDesk) - Fonterra Cooperative Group, New Zealand's largest dairy cooperative, is planning to close its cheese plant in the South Island town of Kaikoura. The site is open for three to five months a year, and employs 22 full-time staff, Fonterra said in a statement. It's understood the co-operative is looking at offering redeployment to affected staff. The Kaikoura plant processes 245,000 litres of milk a day, turning it into 28 tonnes of cheese that is exported to international markets in Japan, the USA,...