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. “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.