The new Tokoroa factory is expected to create 50 to 60 full time jobs when fully operational, with more jobs anticipated in future stages of the development.
The Overseas Investment Office has granted Olam Food Ingredients New Zealand (OFI) a consent to construct a dairy factory in Tokoroa.
The factory will be built on OFI’s 11-hectare site in the South Waikato town. The company announced in September its intent to develop the factory.
OFI ranks among the top three dairy suppliers in the world. The Tokoroa plant will become part of a global network that spans 20 major milk consumption markets, including South-East Asia, China, the Middle East and Africa.
The first stage of the factory, expected to be commissioned in the third quarter of 2023, will involve constructing a spray dryer facility, capable of producing dairy ingredients with a heavy focus on renewable energy and sustainability.
Additional facilities will be added over time to expand the range targeting customers using the ingredients for desserts, bakery, beverages, and confectionery.
The ingredients produced will form part of OFI’s much wider natural ingredients portfolio, which includes cocoa, coffee, nuts and spices, ideal combinations with dairy for customised products such as yoghurts, protein bars and ready-to-drink tea, coffee and cocoa beverages.
The new factory is expected to create 50 to 60 full time jobs when fully operational, with more jobs anticipated in future stages of the development.
