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.”
OPINION: As negotiations advance on the India-New Zealand FTA, it’s important to remember the joint commitment made by Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon at the beginning of this process in March: for a balanced, ambitious, comprehensive, and mutually beneficial agreement.
Minister for Universities, Shane Reti, has opened the final new build in a ten plus year project to upgrade the veterinary facilities at Massey University.
As New Zealand experiences more frequent and severe flooding events, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging consumers to be honest and accurate when making insurance claims for flood damage.
A recently held arable field day in the Manawatu brought with it a timely reminder to be on the lookout for velvetleaf incursions.
In a significant shift for employers, wage theft is no longer only a civil matter but now also a criminal one.
In partnership with Growing Future Farmers (GFF), Fonterra says it is increasing support for young people entering the dairy industry with a new two-year programme.
OPINION: Is it now time for the country's top agricultural university to start thinking about a name change - something…
OPINION: If David Seymour's much-trumpeted Ministry for Regulation wants a serious job they need look no further than reviewing the…