Hilmar Cheese To Sell Milk Powder Facility
Hilmar Cheese Company, Inc. entered into an agreement to sell its Turlock milk powder facility to California Dairies, Inc. (CDI). The asset sale agreement allows both parties to begin due diligence in preparation to complete the transaction.
The sale is part of Hilmar Cheese Company’s new Strategic Plan 2021 announced last month that focuses on people, operational excellence and delivering products and solutions to customers.
“Our cheese, whey protein and lactose business remains core to our future,” says David Ahlem, CEO and President of Hilmar Cheese Company. “The Turlock milk powder facility sale supports our plan to focus on products to grow the strength of our business and fulfill our vision for the future.”
Completed in 2015, the milk powder facility manufactures whole milk powder and skim milk powder for the export market. CDI will offer positions to Turlock-based Hilmar Cheese Company employees so they can continue their roles in producing high quality milk powder.
Hilmar Cheese Company will continue operations with no impact to the dairy farm families who contract to sell their milk to the company.