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Australian Dairy Provider MG To Invest $90 Million Dollars Constructing Factory In China

May 27, 2010: 05:51 PM EST

Australian company Murray Gouldburn, the world’s second largest diary manufacturer and also the main supplier of many of China’s raw diary materials, launched a charitable event in Beijing while at the same time announcing the investment of 90 million dollars in its plants in Qingdao, China. The money will be used for the construction of a second factory in Qingdao, the company also plans to enter large markets in Beijing and Shanghai beginning in the second half of this year. 

XiaoHong Hu, "迈高(MG)增资9000万美元在华建厂", China Food Network, May 27, 2010
China Business
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Food Business
Supply Chain
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