National Milk Records (NMR) has upgraded the analytical equipment at its Wolverhampton laboratory in order to provide farmers and retailers with more accurate information about milk and milk products.
The business, established in 1943, provides vital data on milk fat and protein contents as well as hygiene levels for more than 4,000 dairy farmers across the UK. The information is also used by major supermarkets including Sainsbury’s and Waitrose. Farmers can use the data to identify and selectively breed from cows that produce the highest quality milk, while dairy processors and retailers use the service to judge the value of the milk before purchasing products.
NMR, with a turnover of £21 million, is headquartered in Chippenham with two laboratories in Wolverhampton and Hillington in Glasgow.
“After years of fluctuating milk prices, on-farm profits are now back on the rise, making now the perfect time to invest in our operations,” says Mark Frankcom, NMR finance director. “This year has been a milestone year for us as we’ve introduced new investors, allowing us to operate more independently. The introduction of new machinery is an important step in future-proofing our business and benefiting from the increased confidence in the market.
The latest £250,000 hire purchase facility was arranged through Lloyds Bank Commercial Banking.