The Cow Candy factory has had a troubled history including a fire in November 2011
The Cow Candy factory has had a troubled history including a fire in November 2011 Barry Leddicoat

Cow Candy collapse means more heartache for farmers

THE Cow Candy factory that promised ongoing demand for local sugar cane, has been sold by receivers after its Chinese backers decided enough was enough and pulled their ongoing funding.

The factory, which had cost around $22 million over its 12-year history, was broken up and sold at auction late last month.

It's believed the plant and equipment raised a total of around $350,000.

The closure is a blow for "a handful" of local sugar cane farmers, who had invested considerably in the project since the closure of the Moreton Sugar Mill in Nambour meant they no longer had a local buyer for their cane.

Troy Apps, a farmer of Maroochy River, had himself invested "a few hundred thousand dollars" in the project, said the closure came as a sudden shock.

"I think the Chinese got sick of throwing money at it and said, "That's enough, shut it down'," Mr Apps said.

The factory was initially envisaged to process some 100 tonnes of dried sugar cane per hour as stock feed for export, but the factory only ever reached a maximum processing level of six tonne per hour, which made it unviable.



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