Deutz records strong 2025 growth driven by acquisitions and cost efficiency
Engine maker Deutz is realising increasing growth in new orders and revenue in the first six months of 2025.
German engine maker Deutz says it plans to spend Euro 26 million ($NS43m) on building a 13,500m2 production hall at its Cologne-Porz headquarters.
Destined for the production of crankshafts and camshafts, the plant will comprise a Euro 15m building with the latest energy saving technologies, and manufacturing technology costing Euro 11m.
The existing production site at Cologne-Deutz will be vacated in stages, and 130 pieces of manufacturing hardware will be relocated at the new site between March and December 2016.
Chairman Dr Hemut Leube commented, “Our decision to build a new facility represents an investment in our future business because we are safeguarding our ability to innovate and compete. The centre will become an integrated site for large scale production runs, and ultimately create around 140 jobs.”
Dougal Morrison has been elected as the new President of the New Zealand Farm Forestry Association (NZFFA).
Perrin Ag has appointed Vicky Ferris as its new Hawke's Bay consultant.
The New Zealand National Fieldays Society is encouraging teachers to register school groups for the 2026 National Fieldays, set to be held at Mystery Creek Events Centre from 10-13 June.
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Potatoes New Zealand has become much more than a grower body, according to Pukekohe grower Bharat Bhana.
The country's kiwifruit growers seem to have escaped much of the predicted wrath of Cyclone Vaianu which hit the east coast of the North Island this month.
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