SHANGHAI’S BRIGHT DAIRY TO SET UP UNIT IN GUANGDONG
October 1st, 2016
Shanghai-based Bright Dairy & Food Co, China’s third-largest dairy products maker, has announced plans to build a dairy plant in Chaozhou, Guangdong province, run by a new wholly-owned dairy subsidiary. The move is in line with Bright Dairy & Food’s aim to build factories in all major provinces and cities in mainland China.
In an announcement to shareholders, the company said total investment for the Chazhou operation will be Chinese Yuan Renminbi CNY349.4 million (USD51.9 million), with an initial daily processing capacity of 300 tonnes, to be ...
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