Newspaper article The Chronicle (Toowoomba, Australia)

Premium Fresh Milk Next for Toowoomba; Milk Factory's Plan for 30 Million Tins a Year

Newspaper article The Chronicle (Toowoomba, Australia)

Premium Fresh Milk Next for Toowoomba; Milk Factory's Plan for 30 Million Tins a Year

Article excerpt

Tara Miko

Journalist

tara.miko@thechronicle.com.au

A MASSIVE $300 million investment and construction of a milk formula factory at Wellcamp will boost the dairy industry and take the Toowoomba brand direct to the booming Asian market.

Construction will start on the $50 million formula factory adjacent to Toowoomba Wellcamp Airport in January, marking the first of three stages planned for Toowoomba Premium Milk.

TPM managing director Steve Laracy said the initial factory, or stage one, would produce 30 million tins of formula for export.

With those plans in place, Mr Laracy said investment was now being sought for Stage 2 - a $150 million fresh milk factory geared towards the export market.

Mr Laracy said the company was in talks with freight airlines to export about 200,000 litres of fresh milk from Toowoomba daily in what he described as a long-term goal for the enterprise.

"The stage two is the jewel in the crown," Mr Laracy said. …

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