MILK PROCESSOR BUYS VISALIA PLANT
Milk Specialties Global, a maker of milk-based nutritional ingredients, has purchased the Visalia milk-processing plant it has leased since 2012. Photo via MSG
Written By David Castellon
Milk Specialties Global, a maker of milk-based nutritional ingredients, has purchased the Visalia milk-processing plant it has leased since 2012.
“The acquisition of the facility demonstrates the company’s commitment to continue to operate the facility that employees 74 people and processes over two million pounds of raw milk per day,” states a press release issued by the Minnesota-based company.
MSG officials didn’t disclose the price paid for the 80,000-square-foot plant.
Milk brought to the Visalia plant is processed into liquid calf milk replacer and proteins most commonly used in sports nutrition drinks.
Liquid calf milk replacer is commonly used by dairies and calf ranches to feed pre-weaned calves.
The press release goes on to say that MSG has made significant investments to expand its Visalia production capacity, operational efficiencies and improve its sustainability. “By acquiring the facility, the company is securing this critical asset to support the long-term future growth of their business.
“After acquiring the facility, we are committed to making further investments in the operation to keep up with our customers’ growing demand while continuing to maintain our quality reputation,” Troy Peifer, MSG’s chief financial officer, said in the release.
The factory is located at 715 N. Divisadero St.
“The Visalia facility is critical to our milk protein business and continued success in manufacturing ingredients that are used in nutritional products for consumers and animals around the world,” Peifer added.