Divestment means Fonterra can focus on its strengths
OPINION: Fonterra's board has certainly presented us, as shareholders, with a major issue to consider.
Construction is underway at Fonterra’s new UHT cream plant at Edendale, Southland following a groundbreaking ceremony recently.
Fonterra employees, community representatives, and local iwi celebrated the start of a project with cultural advisor Matu Coleman-Clark blessing the site and project team before the turning of the first sod.
The new UHT plant, which will meet growing demand across Asia is scheduled to begin production in August 2026, initially delivering over 50 million litres of UHT cream annually, with plans to more than double that capacity by 2030. Seventy new roles will be created along with those generated through the construction phase.
General manager operations, Lower South Island, Andrew Johns, shared his enthusiasm with the group at the event, saying that starting construction marks the first chapter in a long-planned project.
“It’s fantastic to see all the planning and hard mahi come together, and we’re eager to watch the build take shape in the coming months. The new plant is a big investment in our future here at Edendale, and we’re looking forward to seeing the positive impact on our community as a whole as construction progresses.”
Around $150 million dollars will be invested in the expansion which is part of the co-operative’s strategy to grow further value by expanding its Foodservice business in and beyond China and increasing production capacity for high-value products.
Meat co-operative, Alliance has met with a group of farmer shareholders, who oppose the sale of a controlling stake in the co-op to Irish company Dawn Meats.
Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture across New Zealand.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
In a few hundred words it's impossible to adequately describe the outstanding contribution that James Brendan Bolger made to New Zealand since he first entered politics in 1972.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.