The Government has given Westland Milk Products a $9.9 million loan to help build a plant to separately process multiple types of special quality milks into high value products. "With suppliers from Karamea to the glaciers and 430 employees in Hokitika, an investment in New Zealand-owned Westland Milk Products is an investment in the economy of the whole West Coast," Jones said. READ MORE:* Southern Pastures moves from Fonterra to be Westland Milk's largest shareholder* Westland Milk Products in black after two tough seasonsSUPPLIED Westland Milk's chief executive Toni Brendish says the loan will allow the co-op to make higher value products. We'll do this by expanding our capacity to produce high value products, differentiated by the special qualities of the milk used to make them. "It's alarming that Shane Jones's Provincial Growth Fund has now become a bank.

Source: Stuff November 28, 2018 23:48 UTC