Business Scoop


NZ Steel purchase heads off risk – First NZ

Article – BusinessDesk

Oct. 18 (BusinessDesk) – New Zealand Steel’s $46 million stake in distributor Steel & Tube has shut down the creation of a potentially tricky customer flexing its muscles to get better pricing, analysts say. Read more »

UPDATE: A2 shares climb 7.7% on Chinese formula sales

Article – BusinessDesk

Oct. 17 (BusinessDesk) – A2 Milk Co shares jumped 7.7 percent after the company reaffirmed its expected annual revenue growth, piggybacking off the strength of its infant formula products. Read more »

Hello Cup Partners with Global Women’s Network 261 Fearless

Press Release – Hello Cup

Hello Cup, a New Zealand start-up, announces its partnership with 261 Fearless, a global womens running and empowerment network. The collaboration aims to provide women a sustainable solution to their menstrual periods and a percentage of the sales … Read more »

Aurecon appoints CSIRO leader to Manufacturing practice

Press Release – Aurecon

Global engineering and infrastructure advisory company Aurecon is pleased to announce it has appointed Dr Ingrid Appelqvist as its new Client Director for Manufacturing. Read more »

NZ Steel grabs blocking stake in Steel & Tube

Article – BusinessDesk

New Zealand Steel has paid a 17 percent premium for a blocking stake in distributor Steel & Tube Holdings, the latest move in an ongoing tussle for the Lower Hutt-based steel products supplier. Read more »

NZ manufacturing PMI eases in September, still expanding

Article – BusinessDesk

Oct. 12 (BusinessDesk) – New Zealand’s manufacturing activity was still expanding in September although a dip in production and new orders may signal tougher times ahead. Read more »

Consistent machine guarding failures a wakeup call

Press Release – WorkSafe NZ

In the last three months, four manufacturing companies have been sentenced under the Health and Safety at Work Act on charges for inadequately guarding machinery. So far this year, 11 manufacturing companies have been sentenced for machine guarding … Read more »

New Programme to Brew Unique Hops and Craft Beer from NZ

Press Release – Joint Media Statement

A new joint craft beer and hop breeding programme launched today aims to develop unique super-premium hops for exceptional craft brewers and uniquely New Zealand craft beer for top tier markets. Read more »

Exclusive partnership to distribute NZ wool carpets in US

Press Release – CP Wool

October 8 2018 Premium New Zealand wool carpets and rugs will soon be available to thousands more US consumers under a new distribution partnership between Carrfields Primary Wool (CP Wool) and J Mish Mills. Read more »

Huhtamaki job losses “devastating blow”

Press Release – E tu Union

E t says the loss of 128 jobs at the Huhtamaki factory in Henderson is a devastating blow for workers there. Read more »

FNZC says Fletcher’s play for Steel & Tube opportunistic

Article – BusinessDesk

FNZC says Fletcher’s play for Steel & Tube opportunistic but on strategy By Rebecca Howard Read more »

SailGP sea trials set for Northland

Press Release – SailGP

SailGPs new-class wingsailed F50 catamarans will be tested from mid-October in Northland. The region will become the central technical and development hub for the production and delivery of some of the most advanced boats in the world. Read more »

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