Ridley to build new feedmill

09 Sep, 2015 06:57 AM
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2
 
It will have an initial annual production capacity of 250,000 tonnes

ANIMAL nutrition company Ridley will build a new feedmill at Geelong, Victoria, to service the poultry and pork markets.

The project is expected to cost around $20 million over a construction period of up to 18 months.

Ridley acquired the 5.3 hectare parcel of land on the north eastern outskirts of Geelong in August 2014, with approximately 21,000 tonnes of existing grain silo storage capacity and other infrastructure.

In a statement released today, Ridley says since it bought the site, it had been working to secure the incremental contracted sales volumes and freight arrangements required.

Ridley says the feedmill will service poultry and pork customers in the region around Geelong and wider western Victoria, with the region being the key growth area for broiler farms in the State.

With an initial annual production capacity of 250,000 tonnes, the plant's design is modular in concept to allow for capacity to be expanded over time.

Up to $800,000 of external government funding support has already been awarded to Ridley under the Geelong Regional Innovation and Investment Fund (GRIIF).

Ridley says about 20 full-time operational and support roles will be generated to operate the feedmill.

FarmOnline

Melissa Aisthorpe

is the deputy editor of FarmOnline
Date: Newest first | Oldest first

READER COMMENTS

MrSceptic
9/09/2015 3:26:56 PM

This is great to see. It shows the benefits for companies through organic growth and the potential for more complex Agri-business investments in the region. It is indeed a good news story.
Percy
11/09/2015 1:08:58 PM

Would have made much more sense to build this facility at Maryborough or Dunolly closer to the source of inputs and with standard gauge railways to Geelong and Portland via Ararat then easier to transport to the end user. Besides, Geelong is spreading so fast they will soon be squeezed out by irate neighbours complaining about dust or noise; besides the many more trucks on the roads.

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