An Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald opened Dairygold’s €86 million Nutritionals Campus in Mallow on Friday.
 
The Mallow Nutritionals Campus is a key pillar of Dairygold’s Expansion Plan to support the growth ambitions of its 2,900 suppliers across the Munster region. In 2012, Members forecast to increase their milk production by over 60% by 2020. Their forecasts have become a reality. 

Almost three years ahead of schedule, milk volumes from Dairygold’s 2,900 milk suppliers are expected to exceed 1.3 billion litres this year - a 55% increase on the baseline milk supply volume. Milk supplies in 2017 are forecasted to be up 105 million litres on 2016. This increase alone is worth an additional €39 million for the Society’s dairy farmers. 
 
Post quota dairy expansion has seen the creation of 112 full time jobs across the Dairygold organisation. The €86 million regeneration of the Mallow site has also had a positive impact on employment in the region. The development saw over 800 people employed through direct and indirect jobs linked to the project. It has also had indirect economic benefits allowing Dairygold suppliers to expand their milk production with the creation of additional jobs in farming and an increase in activity for businesses that supply goods and services to Dairygold. 
 
Speaking about the new facility, Dairygold Chief Executive, Jim Woulfe said, "The Mallow investment delivers on the twin objectives of our Dairy Expansion plan. This world-class Nutritionals Campus not only caters for our members’ expanding milk production but it also puts in place the processing technology to expand our range of higher value ingredientsfor the adult and infant nutritionals sector. This in turn creates more value add for our increasing milk volumes. The Nutritionals Campus will be at the forefront of our Nutritionals growth agenda with further investment planned in the near future."

Source: www.businessworld.ie