"We believe this dryer facility is a key mechanism for moving the dairy industry from a focus on commodities to value-added production."
Fairweather says there is huge potential, especially for specialty milk producers.
The Dairy Goat Co-operative has already committed to using 40 per cent of the plant's capacity. The company's commitment was a critical factor in creating the commercial case, and gaining government funding and approval to build the plant as a true Private Public Partnership.
The co-operative's CEO, Dave Stanley, says the dryer facility will help the company bring on extra capacity to meet expansion requirements.
"We're going through a major growth phase at Dairy Goat Co-operative and intend to install a second dryer on our Hamilton processing site within the next few years. Using the new dryer at Waikato Innovation Park to produce our goat milk powders has provided us with the perfect bridge."
Finance for the dryer came from Innovation Waikato debt and a government grant of $3.95 million.