Rabobank: Dare Not to Dairy

Press Release – Rabobank

Dairy alternatives are on a rise as consumers are increasingly going dairy-free, particularly when it comes to fluid milk used on things like cereal or in coffees. More recently, biotechnology has entered the arena, brewing milk proteins through … Read more »

Metro Performance Glass going back to basics

Article – BusinessDesk

May 24 (BusinessDesk) – Metro Performance Glass said earnings will be relatively unchanged this year as the company beds in its “back to basics” strategy. Read more »

Steel & Tube shares plunge 24% after company flags loss

Article – BusinessDesk

May 23 (BusinessDesk) – Steel & Tube Holdings expects to post a loss this financial year and breach its banking covenants after a restructuring that will see it exit its plastics business and write down the value of its assets. Read more »

Mānuka honey definition research published

Press Release – Ministry For Primary Industries

Research undertaken and led by the Ministry for Primary Industries (MPI) to develop a scientifically robust definition for mnuka honey has just been published in a leading international scientific journal. Read more »

More than enough wood fibre to supply proposed Kawerau plant

Article – BusinessDesk

‘More than enough’ wood fibre to supply proposed $180M Kawerau plant, report says By Tina Morrison Read more »

Secure energy supply vital to future of NZ heavy industry

Article – BusinessDesk

May 21 (BusinessDesk) – Energy-intensive heavy industry has a long term future in New Zealand, but only if policies to decarbonise the economy can deliver a secure energy supply, says the outgoing chief executive of New Zealand Aluminium Smelters, … Read more »

Feds hail on-line fibre exchange as useful innovation

Press Release – Federated Farmers

Transparency, ease-of-use and the potential for increasing competition among buyers are among the positives of the Natural Fibre Exchange (NFX), Federated Farmers says. Read more »

A “Special” Win For Petone Printer At Pride In Print Awards

Press Release – Pride In Print

On Friday 11 May, at Aucklands Sky City, Petone, firm Valley Print won Best in Category for Business Print at the Pride In Print Awards for a stunning salmon-themed business card. Read more »

Kiwi companies win big at international packaging awards

Press Release – Network Communication

New Zealand companies have been lauded across the Tasman for packaging innovations that include an automated lamb processing system, packaging that triples the shelf-life of fresh avocados, and a food packet that turns into a breakfast bowl for hardy travellers. Read more »

Budget 2018: Not bad, but not much for manufacturers

Press Release – The Manufacturers’ Network

Budget 2018, released today by the Finance Minister, Grant Robertson, ticked some boxes for the economy, particularly around health, with some investment in infrastructure, education and R&D spending. There was, however, little else for the manufacturing … Read more »

Rakon gains 7.5% after return to profit

Article – BusinessDesk

May 17 (BusinessDesk) – Rakon shares gained 7.5 percent after the high-tech components maker returned to a full year profit, benefiting from growth in its core markets and some non-recurring gains. Read more »

Sad end of an era as Cadbury World closes

Press Release – E tu Union

E t says the announcement that Cadbury World is closing is a sudden and unexpected end to Cadburys presence in Dunedin. Read more »

Dairy and fuel push producer prices up

Press Release – Statistics New Zealand

Falling prices for dairy products and higher fuel costs have nudged producer input and output prices up, Stats NZ said today. Read more »

New employment law would stop Affco serial litigation: Union

Article – BusinessDesk

The Meat Workers Union says changes to New Zealand’s employment law would let them prevent Talleys-owned meat processor Affco from barring unions and taking bargaining to court, a tactic which costs the workers’ advocate half a million dollars a year … Read more »

Holden NZ estimates $4M bill on voluntary airbag recall

Article – BusinessDesk

May 14 (BusinessDesk) – Holden New Zealand anticipates a $4 million bill will accompany the voluntary recall of 24,000 vehicles with defective Takata airbags, which is separate to the government’s compulsory order over the faulty safety devices last month. Read more »

Cheesemakers have a reason to smile

Press Release – New Zealand Government

Cheesemakers are set to benefit from a more modern and common-sense approach to food safety regulation, says Food Safety Minister Damien OConnor. Read more »

NZ manufacturing activity accelerates in April

Article – BusinessDesk

May 11 (BusinessDesk) – New Zealand’s manufacturing activity accelerated in April, bouncing back from a lull in the first three months of the year, as a pick up in building intentions stoked production among building materials companies. Read more »

BNZ BusinessNZ PMI – April 2018

Press Release – Business New Zealand

New Zealand’s level of manufacturing expansion experienced a boost in April, according to the BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for April was 58.9 (a PMI reading above 50.0 indicates that manufacturing … Read more »

Gravure Packaging Wins World Label Award

Press Release – Gravure Packaging

Wellington (New Zealand)-headquartered Gravure Packaging (GPL) has been named the printer of the worlds best gravure process label in 2017 by the L9 group of international label associations. Read more »

Robotics Plus signs global deal for robotic apple packers

Press Release – Robotics Plus

Deal highlights demand for agricultural automation technology; follows recent investment from Yamaha Motor Co. to accelerate companys growth Read more »

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