Managing director and CEO, John Penno, said the company’s goal is to become more profitable and diversified.
“Investing in our own research and development centre is an opportunity to explore new and unique ways to make the most from milk,” Penno said.
New product options
The R&D center will concentrate on new product development, process technology and packaging.
Penno said the company plans to double its investment over the next two years.
The commitment in 2017 will be NZ$7m (US$5.1m).
“This is the first step for us as we progress towards new products, categories and markets in the future. We will need our capability in this area to continue evolving so we stay ahead of the game,” Penno said.
“This centre will have a real impact on Synlait’s future. The team will help us launch new high-returning dairy categories, bring new product options to market and contribute to ever-improving product quality.”
Initially the centre will employ food technologists and engineers.
Synlait will be partnering with Massey University and FoodPILOT on the center.
FoodPILOT offers the largest collection of pilot-scale food processing equipment in the southern hemisphere. Massey University’s Palmerston North campus is home to its School of Food and Nutrition, School of Engineering and Advanced Technology, Institute of Veterinary, Animal and Biomedical Sciences and Institute of Fundamental Sciences.
FoodPILOT is also a part of FoodHQ, the food and beverage industry’s gateway to more than 2,200 scientists from eight research and innovation organizations in New Zealand.