Milk Specialties Global Acquires Visalia Facility
Dairy manufacturing facility gains new, committed owner
Milk Specialties Global, an industry-leading nutritional ingredient manufacturer, has acquired their manufacturing facility in Visalia, CA, that was previously being operated under a lease. The acquisition of the facility demonstrates the Company’s commitment to continue to operate the facility that employees 74 people and processes over 2 million pounds of raw milk per day.
Milk Specialties began leasing the Visalia facility in 2012 and has made significant investments to expand production capacity, operational efficiencies and improve sustainability impact. By acquiring the facility, the company is securing this critical asset to support the long-term future growth of their business.
“After acquiring the facility, we are committed to making further investments in the operation to keep up with our customers’ growing demand while continuing to maintain our quality reputation,” states Troy Peifer, Chief Financial Officer.
Every day, Visalia processes over 2 million pounds of raw milk and manufactures the milk into high demand products like milk protein, micellar casein, and liquid calf milk replacer.
Milk protein and micellar casein are ingredients most commonly used in the ready-to-drink sports nutrition product category for a range of companies from small U.S. businesses to global nutrition leaders. The Company’s liquid milk replacer is most commonly delivered to western dairies and calf ranches.
“The Visalia facility is critical to our milk protein business and continued success in manufacturing ingredients that are used in nutritional products for consumers and animals around the world,” added Mr. Peifer.