Synlait's back
OPINION: After years of financial turmoil, Canterbury milk processor Synlait is now back in business.
Synlait milk has doubled its milk powder canning capability with the opening of a $55 million facility at Mangere, Auckland.
The blending and consumer-goods packaging plant can pack 32,000 tonnes annually.
The plant removes the single-site risk inherent in operating the Dundandel plant only.
The company expects demand for consumer packaged products to increase significantly in the near term. A tremendous amount of work has gone into this milestone, says chief executive John Penno.
“We acquired this partially completed facility in May and have done a lot of work to commission it in just over six months.
“We have employed a great team of 30 people to operate the facility and we expect that number to increase to 100 in the coming year as we add additional shifts.”
Synlait is bracing for growth in business with infant formula customers.
“Under the Chinese Food and Drug Administration infant formula rules coming into effect on January 1, 2018 this second site enables us to increase the potential number of our customer brands we can export to China.”
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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