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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

Independent beverage solutions provider, Refresco, has signed a 10-year prelease for the 25,500 square metre ground floor of Gateway Capital’s new multi-level industrial facility in Revesby, Sydney.

Queensland’s container refund scheme operator, Container Exchange (COEX), has announced an extension to payment terms for beverage manufacturers following industry consultation on the scheme’s pricing framework.

George Weston Foods has completed a $130 million redevelopment of its Tip Top Bakeries facility in Canning Vale, Western Australia. The upgrade follows a fire in October last year, which led to a temporary bread shortage across the state.