Dairy processor Warrnambool Cheese and Butter has signed an agreement with Mitsubishi Corporation to export and sell its skim milk powder in Japan.Mitsubishi will distribute the milk powder, which will be made into drinks such as canned coffee.
WCB chief executive David Lord won’t say how much milk powder will be exported.
«We’re moving our business to higher margin commodity products,» he said.
«We want to have more direct relationships with high value customers, we want to produce more products that are specific to their needs.
«And as we do that we will create value.»