Glanbia announces $82 million Idaho expansion

Glanbia Foods, the world's largest American-style cheese manufacturer and one of the largest whey ingredient producers, announced an $82 million expansion to its manufacturing and production plants in Gooding and Twin Falls, Idaho. The new facilities will be fully operational by 2016.

"This expansion is strongly aligned with our strategy of adding further value to our whey stream," said Daragh Maccabee, Executive Vice President and CFO of Glanbia Foods. "The company considered various options and locations for these new activities but ultimately came to the conclusion that Idaho was the right location. We have a long track record in Idaho, and the support of the state and local communities was instrumental in our choice of Idaho for renewed expansion."

Glanbia is approved to receive a Tax Reimbursement Incentive credit of 23% for 10 years, which was matched by the local community. The Gooding County Board of County Commissioners approved a property tax exemption on the incremental new capital investment.

Specifically, Glanbia will invest in manufacturing processes to meet the growing demand for high-quality whey products, such as:

          • The expansion of high-end whey protein production in Gooding, to include whey protein isolate

          • The creation of a center for the in-house blending and agglomeration of high-end nutritional products

          • The introduction of lactoferrin production to the Twin Falls location, and the internal drying capacity expanded to cater for both Twin Falls and Gooding production

Glanbia Foods, headquartered in Southern Idaho for 25 years, processes over 12 million lbs. of milk per day, one third of all milk in Idaho. In total, Glanbia processes over 23 million lbs. of milk daily at manufacturing facilities in southern Idaho and New Mexico, shipping more than 830 million lbs. of cheese and 170 million lbs. of value-added whey products annually to over 30 countries.