Arla plans $400 million in plant investments this year
About $136 million will be invested in production for Arla’s strategic growth markets outside the EU – Russia, China, the Middle East & Africa.
Arla Foods announced today an ambitious plan to boost its exports outside of the European Union and to make its dairy plants more environmentally friendly.
The Denmark-based international dairy cooperative said it plans to invest 2.2 billion Danish krone (about $398.2 million) in 10 of its dairy sites in 2014. Arla's stated long-term goal is to double its exports of European dairy products to growth markets outside the EU by 2017.