Ridley's new facility can produce 50,000 tonnes of feed annually. Image: Ridley.

Ridley opens £28m aquafeed plant

Australian feed manufacturer Ridley Corporation has officially opened its Aus$50 million (£28m) feed plant in Westbury, Tasmania.

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The 50,000-tonne per year factory will produce feed for Tasmania’s salmon industry and will also supply fish farmers in New Zealand and on the Australian mainland.

Ridley’s acting chief executive David Lord cut a ribbon to mark the plant’s opening yesterday.  He was joined by Tasmanian Premier Will Hodgman, primary industries minister Guy Barnett and Ridleyy aquafeed general manager Adrian Lochland.

Lord said the facility was a mark of Ridley’s commitment to the extruded feeds industries.

The Tasmanian government gave Ridley an Aus$2m grant to help fund the factory, which will employ about 20 people and is expected to put around Aus$21m a year into the state’s economy.