Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
FONTERRA CHAIRMAN John Wilson visited Fonterra's new $126 million UHT milk processing site at Waitoa on the weekend.
The site is in its final stages of testing before commissioning Anchor UHT milk and cream products at the end of this month.
Wilson says he is impressed with how quickly it had taken the site to get to this stage with construction completed in 12 months.
"It was great to get the chance to visit and meet the team who have brought our Waitoa site to life. There is a real sense of pride from the team on the ground.
"It's exciting to think that 24,000 packs per hour will soon be being produced for customers in China and throughout Asia."
Fonterra's UHT milk processing site at Waitoa will allow the cooperative to process more than 100 million litres of milk per year by August when all five of its processing lines will be operating.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
Free workshops focused on managing risk in sharefarming got underway last week.
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