Prime Dairy: A Key Player in the Australian Dairy Industry
Company Name
Prime Dairy
Location
Prime Dairy is primarily located in Circular Head, Tasmania, with additional operations in Victoria. This strategic positioning has allowed the company to leverage favorable climatic conditions for dairy farming.
Financial Indicators
Prime Dairy has achieved impressive production metrics, expecting to deliver over 50 million litres of milk and around 4 million kilograms of milk solids annually. These outputs underscore their significant role in the supply chain of Fonterra, a major dairy corporation.
Important Events
In 2021, Prime Dairy made a strategic acquisition of 11 dairy farms in Circular Head, Tasmania. This expansion was a pivotal move, allowing for increased production capacity and operational scalability. As a result, 85% of their herd is now based in Tasmania, with the remainder located in Victoria.
Company Plans
Prime Dairy continues to focus on expanding its production capabilities and enhancing its supply to Fonterra. The company remains committed to strategic investments that bolster its presence in the dairy market, ensuring sustained growth and innovation in its operations. With an expanded herd of over 10,000 milking cows, Prime Dairy is well-positioned to maintain its production levels and contribute significantly to the Australian dairy industry.