Milk glut

By Maria Bradshaw | Sun, August 12, 2012 - 12:09 AM

The Pine Hill Dairy (PHD) is scrambling to get rid of 60 000 cases of unsold milk and has reportedly turned to Government for assistance.

Informed sources told the SUNDAY SUN that PHD representatives had met with Government officials last week to discuss the distressing situation which could result in the loss of millions of dollars if the milk is not sold by the end of the year.

When contacted on Friday and asked about the meeting with Government, Richard Cozier, chief executive officer of parent company Banks Holdings Ltd, tersely responded: “I will not comment on anything like that.”

He also declined to say whether PHD had 60 000 cases stored at its Newton, Christ Church bond.

Please read the full story in today’s SUNDAY SUN, or in the eNATION edition.

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Posted by Winston Grecia 9 months, 1 week ago: Maybe if they had listen to their customers that the milk had a totally different taste from the original pasteurized milk and that people were no longer drinking the milk but only using it with cereal then they would not be in this position.
And why is it that we still cannot get the "NEW" fresh milk in quantities at certain locations.

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Posted by SANDREA BUTCHER 9 months, 1 week ago: I do not buy that PHD milk. I know many consumers who refuse to buy it.

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Posted by Payel Garcia 9 months, 1 week ago: Inefficient and ineffective management is to be blamed for this situation PHD now finds itself in. Richard Cozier and Sir Allan Field should do the right thing and sell PHD. I hope government don't make any promises like what RedJet claims they made to them.

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Posted by ANGELA PAUL 9 months, 1 week ago: The children aren't at school any more to drink all the unwanted milk. It is a good thing that said milk has in enough preservatives to choke a cow, or a lot of children will be going home sick when school starts back....