Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Synlait Milk commits to state of the art full service lab

Synlait Milk commits to state of the art full service laboratory

Synlait Milk has committed to building a state of the art full service quality testing laboratory to further support its position as a supplier of high quality value added ingredients, and infant formula and nutritional products.

The Company’s quality strategy has been to build in-house capabilities to support the testing requirements for the products it produces, however it has now significantly expanded the scope of the proposed laboratory from chemical and physical property testing to include full microbiological testing using the latest technologies.

In addition to the quality testing function there will now also be integrated facilities to support new product development, including the ability to conduct pilot scale trials, as well as allowing for sensory analysis to ensure the needs of the Company’s customers are met.

Synlait Milk Managing Director John Penno says the change in scope will give Synlait Milk greater control over the quality testing process and help ensure it can achieve the ever increasing quality standards required by the world’s most demanding customers. It will also reduce the need for external services and associated costs while reducing turnaround times.

“By building capability in quality management and establishing an on-site ‘Centre of Excellence’ that will be accredited to international standards, the Company will strengthen its reputation with customers and the regulatory bodies governing the markets it serves,” said Mr Penno.

Synlait Milk has also changed the scope of its new administration facility incorporating extra capacity to support growth in the business overtime. This will cement Dunsandel as the long term headquarters for Synlait Milk.

Due to the change in scope of both the quality testing laboratory and the administration facility an additional capital expenditure is required. The Board today approved a total combined cost forecast to be $21.0 million, with a completion date for both facilities now expected to be February 2015.

Recently Synlait Milk announced that due to continued improvements in its financial performance its forecast net profit after tax for FY2014 will be significantly ahead of its prospectus forecast of $19.8 million, and is expected to be in the range of $30.0 to $35.0 million.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news