American-style cheese manufacturer Glanbia Foods is set to invest $82m in a bid to expand its manufacturing and production plants in Gooding and Twin Falls, Idaho, US.
With this investment in manufacturing processes, Glanbia aims to meet the growing demand for high-quality whey products, Magicvalley.com reported.
In addition, the company will also set up a 30-megawatt energy substation on Glanbia land at the Gooding County plant.
Glanbia Foods chief financial officer Daragh Maccabee was quoted by the Magicvalley.com as saying: "These projects are all about adding value to the whey stream both in Twin Falls and in Gooding."
The new development is expected to create 50 jobs and the new facilities will be operational by 2016.
This investment was finalised following the economic advisory council of the Idaho Department of Commerce's approval for a 23% reimbursement incentive on payroll and state income taxes.
Within this, the Twin Falls plant will receive improvements worth $17m, including an expansion and lactoferrin production equipment.
Meanwhile, the Gooding County plant will expand whey protein production to include whey protein isolate (WPI), Magicvalley.com stated.
Image: This expansion of its manufacturing plants will help Glanbia to meet the growing demand for high-quality whey products. Photo: courtesy of Glanbia plc.
