Bright Food Group Co. Ltd, a leading food and dairy company in China, started building Asia's largest diary factory with a daily processing capacity of 2,000 tonnes, in east China's Shanghai on Monday.
With an investment of 1.4 billion yuan (about 214.3 million U.S. dollars), the factory is designed to process 2,000 tonnes daily of fresh milk, yogurt and other kinds of dairy products under the Bright Food Group Co. brand. Its annual capacity is expected to reach 600,000 tonnes, said company president Guo Benheng.
The new factory will be put into operation in 2013. And its annual sales revenue is expected to reach 4.65 billion yuan (about 710.3 million U.S. dollars).
