Norco Cooperative Limited

Location

Norco Cooperative Limited is headquartered in Lismore, Northern New South Wales (NSW), Australia. It operates key facilities in Lismore, Raleigh, and Byron Bay.

Financial Indicators

In the fiscal year ending 2022, Norco reported an estimated revenue of approximately AUD 700 million. The company set a new benchmark in the nation's dairy industry by elevating its farmgate milk price to $12.85 per kilogram of milk solids. Additionally, Norco announced an increase in its minimum farmgate milk price by 1.6 cents per litre, raising the total to 86.6 cents per litre.

Important Events

• 2020 - Expansion of Product Line: Norco introduced organic dairy products to meet the rising consumer demand.
• 2021 - Sustainability Initiatives: Launched the 'Green Dairy' initiative to reduce carbon emissions and promote sustainable farming practices.
• 2022 - Technology Upgrades: Made significant investments in state-of-the-art processing technology to enhance product quality and operational efficiency.

Company Plans

• Expansion in Export Markets: Strategies are in place to increase export activities, especially in Asian markets.
• Innovative Product Development: Emphasis on creating new and innovative dairy products catering to diverse consumer needs.
• Enhanced Sustainability Efforts: Aiming for zero net emissions by 2035 as part of long-term environmental goals.

Leadership

The management team is led by experienced professionals, including Michael Hampson, CEO, and Andrew Burns, CFO, who are dedicated to advancing the company's growth and sustainability.

Norco is recognized as one of the top 10 companies in dairy processing in Australia, known for maintaining higher prices for its products, setting it apart from many other processors in the market.

Modified: 2025/11/21

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