Discount retailer Walmart (WMT) has announced plans to invest $350 million into the development of a milk processing facility in the U.S.
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This will actually be Walmart’s second milk processing plant in America. The investment is being made as the largest U.S. retailer seeks to strengthen its supply chain and meet demand for affordable dairy products.
Walmart said the $350 million will go toward a new 300,000-square-foot milk processing plant to be located in Valdosta, Georgia that will create about 400 permanent jobs. The facility will source milk from local dairy farmers and supply more than 650 Walmart and Sam’s Club stores across the Southeast region.
Walmart’s Growing Processing Operations
Walmart has been investing more in processing its own products, ranging from beef to milk. The investments in processing plants come as consumers look for more affordable private label options amid ongoing inflation and tariff impacts.
Walmart said it plans to build and open a third milk processing facility in Texas in the second half of 2026. The new Georgia facility will process milk for Walmart’s “Great Value” and Sam’s Club “Member’s Mark” private label brands. Walmart currently operates a milk processing plant in Fort Wayne, Indiana, as well as beef processing facilities in Georgia and Kansas.
Is WMT Stock a Buy?
The stock of Walmart has a consensus Strong Buy rating among 26 Wall Street analysts. That rating is based on 26 Buy recommendations issued in the last three months. The average WMT price target of $121.92 implies 9.60% upside from current levels.
