Friday, March 29, 2024

Alliance invests in southern plants

Avatar photo
Alliance will invest $1.7 million in its Pukeuri and Lorneville plants to extract more value from its products.
Chair says outgoing Alliance CEO has transformed the co-op.
Reading Time: < 1 minute

The investment will improve the recovery of offal at Pukeuri in North Otago, which at its peak employs more than 920 people.

The beef pet food area will be upgraded and a new facility created to help boost the recovery of blood-based products for sale to the pharmaceutical, biotechnology and medical device industries.

The blood products are used in the development of vaccines, cancer treatments and drugs to treat neurodegenerative, haematological and endocrine disorders.

The investment at Lorneville will also help extract more value from blood products. The co-operative has installed a laboratory-standard blood processing facility at the plant.

Chief executive David Surveyor said the range of beef offal captured at Pukeuri is currently limited due to the size of the space at the plant.

“Part of capturing more value is optimising the collection of blood products from processed animals. This upgrade will boost the capacity of our bovine offal and blood capture facilities significantly.”

There has been a substantial lift in demand from the pharmaceutical industry for New Zealand-sourced blood products, he said.

“We expect to collect greater volumes of blood products this year, representing real value-add for our farmer-shareholders.”

Total
0
Shares
People are also reading