$58M dairy processing plant in mid-Michigan gets key state support | Michigan Farm News

$58M dairy processing plant in mid-Michigan gets key state support

Category: Markets & Weather

by Jim Harger, MLive

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The Michigan Strategic Fund (MSF) board approved a "private activity bond inducement" valued at up to $12 million in support of the project (Rendering Courtesy of Foremost Farms)

A Wisconsin dairy processor's plan to build a $57.9 million processing plant in Greenville won the support of the Michigan Strategic Fund on Tuesday, Feb. 27.

Foremost Farms, a farmer-owned milk processing and marketing cooperative based in Baraboo, Wis., plans to build a 55,000 square-foot plant that will employ 33 workers to condense 3.2 million pounds of raw milk per day -- roughly 386,000 gallons.

The final products will be used by Foremost co-op facilities and its partners around the Midwest to make dairy products such as cheese, butter and yogurt. Future phases at the campus call for processing up to 6 million pounds daily.

The new facility is aimed at stabilizing an oversupply of milk produced by Michigan dairy farmers.

To read the full story, visit http://www.mlive.com/business/west-michigan/index.ssf/2018/02/58m_dairy_processing_plant_in.html