Press Release – New Zealand Government

Associate Primary Industries Minister Jo Goodhew has today announced the sale of 22,800 hectares of Crown forest cutting rights on the West Coast to Ngi Tahu Forest Estates Ltd (NTFE). Read more »

Press Release – Wood Council of NZ

A group of leading Australian commercial architects is visiting New Zealand this month to come up to speed with developments in the use of engineered wood in commercial buildings. Read more »

Press Release – First Union

The wood sector union is hopeful that jobs may be retained at a Dunedin based wood processing company. Read more »

Press Release – New Zealand First Party

New Zealand First Leader Rt Hon Winston Peters is calling for a log price to be set to end the regional devastation that is occurring as sawmills close. Read more »

Press Release – KordaMentha

Brendon Gibson and Michael Stiassny of financial advisory firm KordaMentha have today been appointed as receivers to Southern Cross Forest Products Ltd. Read more »

Article – BusinessDesk

March 3 (BusinessDesk) – Southern Cross Forest Products, which operates five sawmills across the country, has been tipped into receivership as wood processors continue to struggle with global demand that has pushed up log prices. Read more »

Article – BusinessDesk

RESEND NZ Super Fund trims stake in Kaingaroa Timberlands as six iwi buy 2.5% Read more »

Article – BusinessDesk

March 3 (BusinessDesk) – New Zealand Superannuation Fund has sold 2.5 percent of Kaingaroa Timberlands to six central North Island iwi, giving the underlying landowners to some of the profits generated from the nations biggest forestry business. Read more »

Press Release – Joint Press Release

North Island iwi join forces to buy into Kaingaroa Timberlands Six central North Island iwi have joined forces to buy a 2.5% stake in New Zealands largest forestry business, Kaingaroa Timberlands. The investment is one of the biggest ever involving … Read more »

Press Release – Federation Of Maori Authorities

A forecast 15% increase in earnings from primary sector exports to June 30 this year is a huge boon for the Maori agri-business sector, the Federation of Maori Authorities says. Read more »

Press Release – Ministry of Primary Industries

The Ministry for Primary Industries (MPI) would like to congratulate the three finalists, and all entrants of the 2014 Ahuwhenua Trophy BNZ Mori Excellence in Farming award. Read more »

Press Release – Forest Industry Engineering Association

FIEAs upcoming conference on forest investment is drawing delegates from top management positions in both New Zealand and Australia as the opportunity for early-bird registration offers closes at the end of this week. Read more »

Article – BusinessDesk

Feb 20 (BusinessDesk) Wood mouldings manufacturer Tenon expects to resume cash returns to shareholders in the second half of the current financial year after achieving a long-sought end to years of losses. Read more »

Press Release – Federated Farmers

An expected $4.9 billion surge in New Zealand’s primary exports confirms why CNBC labelled New Zealand a ‘rock star’ economy. The announcement came at the Riddet Institute’s Agri-Food Summit. “It is significant that Riddet Institute’s co-director, Professor … Read more »

Article – BusinessDesk

Feb. 19 (BusinessDesk) – The Ministry for Primary Industries has raised its forecasts for exports of dairy products, meat and forestry, citing growing demand and limited supplies of milk, lower US and European beef production and high prices for logs. Read more »

Press Release – WorkSafe NZ

Taranaki forestry company R&S Dreaver Shelter Trimmers Limited has been fined $$52,500 (reduced to $25,000 based on the companys ability to pay) and ordered to pay $55,000 reparation over the death of a worker who had only been on the job … Read more »

Article – BusinessDesk

Stars align for NZ foresters as wall of wood comes on stream, prices reach record highs Read more »

Article – BusinessDesk

Feb. 10 (BusinessDesk) – US hedge fund Libra Advisors will take a $12 million stake in Rubicon in a private placement to shore up the company’s funding position and support its future commitments to forestry biotech firm ArborGen. Read more »

Press Release – New Zealand Labour Party

Nationals total neglect of the forestry industry has been proven once again as the Timber Industry Association shows a shortage of logs for local sawmillers, says Labour’s Forestry spokesperson Shane Jones. Read more »

Article – BusinessDesk

Feb. 4 (BusinessDesk) New Zealand commodity prices rose to a record in January, led by gains in butter. Read more »