Global Investments: From New Zealand Dairy to Ultra-Green Hydrogen in Louisiana
Key Ideas
  • Fonterra is investing in expanding its domestic operations in New Zealand with two major projects, creating jobs and meeting global demand.
  • Woodland Biofuels is set to build the world's largest ultra-green hydrogen facility in Louisiana, supported by significant incentives for economic growth.
  • Intretech's $60 million investment in Mexico aims to boost the industrial ecosystem with a new Smart Manufacturing facility catering to various industries.
  • These investments highlight a trend of companies prioritizing expansion, sustainability, and job creation across different sectors and regions.
Fonterra, a New Zealand-based dairy company, is making significant investments in its domestic operations to meet growing demand. In Edendale, South Island, a new $150 million UHT cream plant is under construction to enhance production capacity, creating 70 new jobs by 2026. Fonterra is also expanding in Taranaki, North Island, with a $150 million cool storage facility at its Whareroa site, set to store 26,000 tons of cheese by 2027. Meanwhile, Woodland Biofuels in Canada is planning a $1.35 billion ultra-green hydrogen facility in Louisiana, removing 210,000 tons of CO2 annually in Phase 1, scaling to 660,000 tons in Phase 2 by 2028. This project is supported by over $250 million in incentives from Louisiana Economic Development. Additionally, technology company Intretech is investing $60 million in establishing a Smart Manufacturing facility in Nuevo León, Mexico, focusing on automotive, medical, energy, and consumer products. These developments showcase a global trend of companies expanding operations, embracing sustainability, and driving economic growth.
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