Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
Fonterra has confirmed it has selected the preferred site for its new headquarters on Fanshawe St opposite Victoria Park in Auckland.
Developers of the site, a joint venture between listed entities Goodman Group and Fletcher Building, will now work together with Fonterra to finalise the necessary planning and building design, structure, and negotiations for a tenancy agreement.
Chris Caldwell, managing director people, culture and services, says while there is still some work to do before the cooperative will sign a lease, the preferred site will enable all Fonterra's employees in the area to be based in one location, instead of several as they are now.
"Being closer together will enable our people to work together more seamlessly. This will provide a real opportunity to enhance the way our people feel about coming to work every day," says Caldwell.
Fonterra will not own or develop the building. It will be developed by the Goodman Group/Fletcher Building partnership and ultimately owned by the Goodman Group. Fonterra will take a long-term lease.
The cooperative's current lease expires in July 2016.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.
Rural retailer Farmlands has reported a return to profitability, something the co-operative says shows clear progress in the second year of its five-year strategy.
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