Ireland's dairy and ingredients giant, Glanbia, reported a dip in
sales and profits for its first half of 2006, stung by cuts to EU
support for the dairy sector.
Moves into higher added-value are likely to pay off in the long
term for Irish dairy group Glanbia, but the company is continuing
to suffer from the short-term effects of offloading a number of
primary food operations.
Irish dairy firm Glanbia is to invest €15 million in a new
innovation centre to develop functional foods and health
ingredients, Ireland's Minister for Agriculture and Food Joe Walsh
revealed yesterday.
Irish dairy group Glanbia has begun construction of a new cheese
and whey manufacturing facility expected to generate sales of
around $350 million per annum when completed next year.
UK-based company Packaging Automation has developed a revolutionary
new machine for blue stilton that is claimed to wrap products in
packaging capable of containing strong smells. The concept,
designed for Glanbia Foods, is the result...
Glanbia, the Irish dairy product maker, has joined forces with
Cussons, the UK group best known for its Imperial Leather soap, to
produce and market milk powder for the Nigerian market.
Good underlying performances from Glanbia's prepared food and dairy ingredients businesses partially made up for the firm's exit from the prepared meat market.