Hilmar Cheese Company to sell milk powder facility to California Dairies Inc.
The facility, in Turlock, Calif., manufactures whole milk powder and skim milk powder for the export market.
Hilmar Cheese Company Inc. said it entered into an agreement to sell its Turlock, Calif., milk powder facility to California Dairies Inc. (CDI). The asset sale agreement allows both parties to begin due diligence in preparation to complete the transaction.
The sale is part of Hilmar Cheese Company’s new Strategic Plan 2021 announced in March. The plan’s three strategies focus on people, operational excellence and delivering products and solutions that “wow” customers, the Hilmar, Calif.-based company said.