Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
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.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
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