Industry News

Aurora Organic Dairy Plans to Build a Plant in Columbia

The company announced USD90 million plant in Missouri

India: Colorado company, that produces organic milk and butter, has confirmed its plans to build a plant in northeast Columbia, which would eventually create 150 new jobs for the people. On Tuesday, Aurora Organic Dairy and the Department of Economic Development announced that the Platteville, Colorado-based company, will build a USD90 million plant which is expected to create more than 90 jobs initially and up to 150 in the next five years. Aurora Organic Dairy will begin site preparation during this spring and be fully operational in 2019. Aurora will also receive a 75 percent abatement of real and personal property tax for 10 years and will pay an estimated USD1.7 million in property taxes during that time.

TechSci Research depicts that the new plant in Missouri is set to increase its production capacity. This is the company’s second milk plant in Columbia. This plan will also benefit the company in increasing its presence in the local as well as country’s organic dairy market.

According to a recent report published by TechSci Research,Global Organic Dairy Products Market By Product Type, By Region, Competition Forecast and Opportunities, 2011 - 2021”, global market for organic dairy products is expected to grow at a CAGR of over 11% during 2016-2021, on the back of surging investments in organic dairy products market along with increasing use of bio-fertilizers for cultivation of organic grass for feeding the cattle. In addition, implementation of favorable government policies, online availability of organic dairy products facilitating easy sale and supply to consumers, is expected to augmented demand for organic dairy products, worldwide. Demand for organic dairy products is predominantly concentrated in Europe and North America as of 2015 and these regions are also anticipated to continue dominating the market during the forecast period as well. In 2015, global dairy products market was dominated by organic drinking milk segment.

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