Glanbia plc has entered into a joint venture agreement with Dairy Farmers of America (DFA), Michigan Milk Producers Association (MMPA) and Foremost Farms USA (FFU) to build and operate a new cheese and whey production facility in the state of Michigan, US. Following the transaction, the plant is projected to process GBP 8 million (3.6 million litres) of milk per day. As part of the transaction, 50% stake in the JV will be owned by Glanbia and the remaining 50% stake will be owned by DFA, MMPA and FFU.