It also plans to expand its plant, adding a new laboratory, and blending and canning capability at the site.
The expansion will boost its current workforce of 108 full-time equivalent roles, but the company was unsure how many new jobs would be created, or how much the expansion would cost.
MVM was currently recruiting staff, but that was not linked specifically to the anticipated growth in milk volumes, as this could be achieved with the current staff, a spokesperson said.
It was too early to say when the expansion would take place.
Chief executive Bernard May said the company’s progress reflected its growing footprint within its catchment area and deepening relationships with suppliers.
“I’m excited about the new season. We’ve built on our existing base in the latest year and there’s plenty more for us to achieve.
“Mataura Valley Milk is operating well, and we have capacity to do more. Most importantly, our integration with the broader business of The a2 Milk Company is expanding the range of opportunities for suppliers and enriching the working experiences of our people. Our growth will continue during the current year and beyond.”
Since joining The a2 Milk Company, MVM has started manufacturing a2 Milk Full Cream milk powder, which was previously supplied under contract by another producer.
It is working on in-sourcing production of a2 Milk Skim milk powder and some existing English label infant milk formula (IMF) product to MVM, developing future product innovation at the plant and exploring additional third-party customer opportunities.
MVM was continuing to work with suppliers to increase the proportion of A2/A2 cows in their herds. May said many suppliers have fully transitioned their herds and are supplying A1 protein free milk to MVM.
A2 milk is produced from cows that naturally produce milk with the A2 version of beta-casein.
The Mataura Valley Milk plant opened in November 2018, when it was majority owned by the China Animal Husbandry Group, which retains a 25% interest in the company.
The a2 Milk Company acquired a 75% interest in MVM early in the 2021-22 year for $268.5 million.