Synlait has announced a new partnership with US baby products manufacturer Munchkin that could offer its 161 farmer suppliers a chance to earn well above the normal payout.
Munchkin, a privately held Californian company known for designing, manufacturing, and distributing innovative infant and toddler products, is planning to launch a
new Grass Fed branded retail-ready infant formula into the United States and China that will be manufactured exclusively by Synlait.
Synlait managing director John Penno said the partnership would help the dairy processor reduce its exposure to China.
"We are cognisant of ensuring our infant formula business does not become overly reliant on the China market, and so Munchkin, with its focus on the United States market, is a potentially important addition to our growing portfolio of retail-ready infant formula customers."
The raw milk used to manufacture the unique infant formula is subject to a new Grass Fed standard which requires cows to be exclusively grazed on a pasture and crop-based diet, with no grain feeding or feed not grown in New Zealand.
