Fonterra says all employees at its Edendale milk processing plant in New Zealand are safe following the collapse of a raw milk silo on Friday afternoon.
Heinz has proposed plans to transfer production of Asia-destined infant formula from a plant in the UK to New Zealand-based Fonterra – a move that British workers union, Unite, has described as a “massive blow.”
Glanbia has incurred an €8m exceptional charge from its struggling consumer products business in Ireland but remains on track to achieve double digit earnings growth for 2011.