30 May 2024 --- Valio plans to invest €60 million (US$64.8 million) to secure the continuity of cheese production at the company’s Lapinlahti plant in Finland. Existing facilities will be expanded, equipment will be upgraded with construction work beginning this summer. The new production line is expected to open in early 2026. Packaging operations and equipment will also be renewed. In addition, the investment includes a new power substation and back-up power.