Fonterra Brands will receive a $153,000 grant from the Federal Government’s $1 billion Clean Technology Investment Programs to invest in new energy efficient manufacturing equipment at its Wagga Wagga site.
The Minister for Industry and Innovation, Greg Combet, and the Parliamentary Secretary for Agriculture, Fisheries and Forestry, Sid Sidebottom, highlighted the grant will assist the company to transform its operations, reduce emissions and save on power bills.
“The project will reduce Fonterra Wagga’s carbon emissions intensity for the process of chilling pasteurised and in–coming raw milk by 88.9 per cent,” Mr Combet said.
“The Clean Technology Investment Programs are about helping businesses become more efficient, more competitive and more sustainable.”
“This is another great example of the Federal Government supporting a local company to transform its operations by reducing energy use and the associated environmental impact,” Mr Sidebottom said.
“The grant will enable Fonterra Brands to replace an outdated refrigeration system with a modern energy efficient system.
“In addition to the Government’s funding, Fonterra is investing $286,000 in the project, demonstrating their commitment to growing their business in a carbon–constrained future.
“I look forward to working with other dairy and food processing companies around Australia to take up these opportunities under the carbon price scheme.”
The grant is one of 13 announced today by Minister Combet.
The $800 million Clean Technology Investment Program and the $200 million Clean Technology Food and Foundries Investment Program are open for applications from local manufacturers.
09 June 2012