A major sheep processing plant in Katanning has been given a $12 million loan to expand and upgrade its facility through the Cook Government's Co-operative Companies Loan Scheme.
The three-year loan will fund capital works to enable the farmer-owned Western Australian Meat Marketing Co-operative (WAMMCO) to expand its lamb and sheep meat processing capacity.
In addition to expanding the processing facility, other improvements will include a new high-tech freezing unit and the construction of additional staff accommodation.
The new loan is in addition to a previous $12 million loan provided in 2024 for Stage 1 of the Katanning upgrades for a new chain and container park.
WAMMCO's Katanning plant is currently the only major producer-owned co-operative meat processing and marketing company in Australia, with more than 700 farmer members across WA's agricultural regions.
More than $151 million in loans have been provided to Western Australian co-operatives for capital purchases since the Co-operative Companies Loan Scheme began in 2005.
The scheme provides tax benefits that reduce the capital costs by around 30 per cent to co-operatives owned by WA farmers and fishers.
Source: WA Gov | Image WAMMCO