 United Milk hopes to sell the plant as a going concern |
Talks are being held to help hundreds of South West dairy farmers who are facing ruin after a milk plant called in receivers. More than 300 farmers are owed more than �30,000 each for the milk they to supplied United Milk in Westbury, Wiltshire.
Others also risk losing a share of the �12m they invested in the co-operative when it was set up in 2001.
The �45m plant uses modern technology to turn milk into butter and milk powder.
Jobs risk
Milk Link, a farmers co-operative based in Plymouth, is taking part in talks to try and save the Westbury plant.
The National Farmers Union is holding a meeting on Wednesday and hopes to reveal details of an emergency plan.
About 100 jobs are thought to be at risk if the plant - which has an annual turnover of �100m - closes.
PricewaterhouseCoopers (PwC) has been appointed as administrators and there are hopes that the plant can be sold as a going concern.
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