Fairlife to Capitalize on Michigan’s Milk Glut
Michigan is among several states in the upper Midwest currently experiencing a glut of milk. While massive quantities of milk on the market is less than ideal for dairy farmers, it presents an opportunity for dairy processors. Fairlife and it’s sister company Continental Dairy plan to capitalize on it.
According to a story from MBiz.com, a news service in West Michigan, Continental Dairy Facilities LLC recently announced a joint $173 million expansion project in collaboration with sister company Fairlife LLC. MBiz reports
Continental has invested roughly $53 million in a new butter production facility in hopes of capturing a growing consumer base.
At the same time, MBiz says Fairlife will invest $120 million in a high-tech bottling line for a new line of coffee drinks it’s producing for Dunkin’ Donuts.
The combined expansion efforts will both add jobs for the community and move some milk off the market, aiding Michigan producers.