# Dairy Crest to invest £85M in cheese factory expansion in Cornwall

Dairy Crest announced plans to invest £85 million in expanding its cheese factory in Cornwall to meet growing demand for cheddar in markets such as China. The expansion will be partly funded by a £70 million share sale to institutional investors.

- Type: Expansion
- Announced: 2018-05-23
- Where: Cornwall, United Kingdom
- Value: $113.0M (85.0M GBP)
- Status: announced
- Products: cheddar cheese
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Dairy Crest](https://endata.com/companies/32037.md)

## Sources

- [theguardian.com](http://theguardian.com/business/2018/may/23/dairy-crest-invests-85m-in-cheese-factory-as-overseas-demand-grows), 2018-05-23: "Dairy Crest has announced plans to invest £85m in the expansion of its cheese factory in Cornwall to meet growing demand for cheddar in markets such as China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.