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German packaging machinery giant Krones has added a new subsidiary which caters for the dairy industry.

Called Milkron GmbH, the division is designed to offer plant construction and service support for the dairy industry as part of its goal of becoming a global vendor for this segment.

Headquartered near Hanover, it will focus on the engineering of production lines for all liquid to paste-like dairy products.

It will cover planning, project management, automation, installation, and commissioning and acceptance testing of the equipment on-site.

Food & Drink Business

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Two of Australia’s peak business bodies have welcomed the federal government’s response to its Strategic Examination of Research and Development (SERD), but the Australian Industry Group (AiGroup) has raised sharp objections to a proposal it says will actively reduce the business R&D investment the report itself identifies as critically low.

A sweeping government review of Australia’s research and development system has recommended significant changes to tax incentives, manufacturing support and R&D funding to reshape how companies invest in innovation.