Construction Application for New Manufacturing Facility

Keytone Dairy Corporation lodged its final building consent application with Selwyn District Council on 26 January 2018 for approval of the construction of a new manufacturing facility in Canterbury, New Zealand.

Purchased in 2017 as Keytone’s second future manufacturing site, the proposed plant is 1,886 square meters and will house blending and packing lines with total annual capacity of 3,500 tonnes, an increase of 233% over the existing production capacity. Keytone has entered into a building contract with CoreSteel, a reputable New Zealand company for structural steel manufacturing, who has completed the engineering design and lodged the building consent application of this site. In addition, these facilities will be built to allow for the installation of infant formula production lines should Keytone elect to manufacture and sell infant formula in the future, subject to regulatory compliance at the time.

Keytone believes that the additional production capacity resulting from the plant will enable it to sell its KeyDairy® powdered products to high-volume, high-value customers, throughout Asia and in particular, China. Keytone expects the plant will commence production in the second half of 2018.