Project Bulletin: September 23, 2024

Fonterra continues to invest in several of its New Zealand operations.

Photo courtesy of Fonterra

New Zealand-based dairy company Fonterra has unveiled two new investments just weeks apart in September to expand its domestic operations. First the company announced plans to expand its oldest dairy processing site in Edendale, located on New Zealand’s South Island. The $150 million project will construct a new UHT cream plant to increase production capacity and meet rising global demand. This new facility will be operational by 2026, creating 70 new jobs. Headed up to the country’s North Island to the coastal region of Taranaki, Fonterra will invest around $150 million to establish a new cool storage facility. The over 204,500-sq.-ft. warehouse will be built on the company’s Whareroa site and have the capacity to store 26,000 tons of cheese by 2027. “The Taranaki region is dairy heartland and I’m delighted we’re able to make this significant investment into shoring up our operations at this site, which is one of the largest in our network,” said Fonterra COO Anna Palairet.

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Woodland Biofuels is investing in the largest carbon dioxide removal project to date.

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Last week, Canada-based Woodland Biofuels announced plans to construct a $1.35 billion ultra-green hydrogen facility at the Port of South Louisiana’s Globalplex multimodal facility. The site will be located in St. John the Baptist Parish and will be built out in phases until 2028. “Woodland is thrilled to announce that we plan to build, right here at the Port of South Louisiana, the world’s largest carbon negative RNG facility, followed by the world’s largest carbon negative ultra-green hydrogen plant. Our sustainable biofuel plant will be an economic driver for St. John Parish and beyond,” said Woodland Biofuels CEO Greg Nuttall. In Phase 1 of the project, Woodland Biofuels anticipates removing 210,000 tons of CO2 per year, scaling to 660,000 tons annually in Phase 2. The project is supported by an over $250 million incentive package from Louisiana Economic Development.

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With 1,500 direct jobs on the way, Intretech aims to boost the region’s industrial ecosystem.

Photo courtesy of Intretech

A calculated $60 million move will establish technology company Intretech’s first location in Mexico by 2025. In the state of Nuevo León, just north of Monterrey in the city of Apodaca, Intretech has began construction on its new Smart Manufacturing facility. The plant will cater to products that serve automotive, medical, energy and consumer products industries, including rear-view mirrors and hearing aids. Once complete, this location will help the China-based company to further integrate into U.S. markets. Intretech anticipates creating 1,500 new jobs at the facility.

Reports compiled and written by Alexis Elmore, edited by Adam Bruns