FAGE dairy to build manufacturing plant in the Netherlands

FAGE dairy company announced it planned to build a new manufacturing facility in the Netherlands.

The new manufacturing facility at the Riegmeer Hoogeveen business park, budgeted at 150 million euros, will initially contribute an additional 40,000 tons of yogurt production capacity annually, FAGE said, and create 250 full-time jobs.

In this context, FAGE said it had signed an option contract for a 15-hectare plot with the municipality of Hoogeveen and was working closely with, among others, NOM (www.nvnom.com), NFIA (www.investinholland.com), the province of Drenthe (www.provincie.drenthe.nl), the water board (Waterschap Drents Overijsselse Delta www.wdodelta.nl), the WMD (www.wmd.nl), NV RENDO (www.rendogroep.nl) and the municipality of Hoogeveen (www.hoogeveen.nl) for the new manufacturing facility, which is expected to be operational in the second half of 2024.