A perfect storm of adverse events has seen South Australian dairy company Beston Global Food Company go into voluntary administration.
Beyond the farmers who supply the milk to the company, an additional 159 workers at the company’s Jervois and Murray Bridge sites will be affected by the development.
Beston was known for its cream cheese as well as hard cheeses such as gruyere and parmesan.
It also produced lactoferrin, a high value dairy protein used in diet supplements.
The cheese and whey powder business have incurred losses, the company says. (
ABC News: Jennifer Nichols
)
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