New Investments In Food Industry

19.05.2014

Finnish dairy company Valio announced an investment to build a new snack product plant in Riihimäki. The building investment will be worth € 75 million, in total the expenses will rise to around € 170 million. The factory will be 18000 cubic metres in size, the building process will begin immediately and the unit is planned to start operations by the end of the year 2016.

In addition, Valio has decided to enlarge its cottage cheese manufacturing capacity in Seinäjoki with an investment of € 2.5 million. In February this year the company also invested € 40 million to enlarge its dairy production plant capacity in Oulu. (Source: www.kauppalehti.fi, 13.5.)

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