Nutrition in Tongala has received a massive boost from the state government through the new $150M Victorian Investment Fund, creating more than 40 new jobs for the region.
Minister for Regional Development Jaclyn Symes visited Tongala Nutrition (TN) last week to announce support for the company’s expansion, which will upgrade technology and infrastructure at its dairy processing facility through the new Victorian Investment Fund.
“Regional Victoria is the engine room of the nation’s food production industry – creating jobs, leading innovation and driving value and prosperity for communities,” said Ms Symes.
The investment will help TN grow its domestic and international markets. The company will add sustainable energy systems, new production and packing equipment, and freight and supply-chain facilities.
Established last year, the Victorian Investment Fund is fast-tracking strategic investments across Victoria by dedicating $50M to the regional stream to supporting fast-growing regional businesses.
Five priority sectors were identified for investment: advanced manufacturing and defence; health technologies and medical research; circular economy; digital technologies; and agribusiness.
TN began producing nutrition products in 2023 after acquiring a former Nestle factory. With further upgrades, it will increase production to the state’s booming food production industry.
“This project represents a significant milestone for Tongala Nutrition as we continue to build a world-class dairy and nutrition manufacturing platform in regional Victoria,” said Tongala Nutrition Founder and CEO Siddharth Jani.
