The funding will allow the creamery to install new equipment and processing systems to make its dairy production line more efficient.
It is expected to reduce the company’s operating costs, open new market opportunities and importantly create six new jobs.
Regional Development Minister Michaela Settle visited Kyabram’s GVC site on Wednesday, June 10 to make the announcement, complemented by a tour of the facilities by chief operating officer Michael Kelly.
While Ms Settle could not disclose the exact funding amount, she said it was substantial enough for the company to "take another step forward".
“(I got) the sense as we were touring around, this is a company that really wants to expand,” she said.
The company is relatively new to town, only taking over the old fruit preserves site at McCormick Rd in 2020, but has only kept investing in the facility since.
Last year, $10 million in state funding for the creamery’s water treatment facilities allowed the company to employ an additional 17 staff, doubling the workforce at the Kyabram facility.
GVC’s Mancel Hickey said this round of funding was a great investment, not only for the company, but for Kyabram.
“We are very appreciative of this key project funding, which will help strengthen our future as we continue our expansion for key markets,” Mr Hickey said.
Work on installing the new processing systems is expected to take shape over the coming months, marking yet another chapter of growth at the McCormick Rd site since its 2020 takeover.
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