Landini Rex 4 vineyard tractor series debuts in NZ
The Landini Rex 4 Series, recently released in New Zealand, is designed with vineyards in mind.
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.”
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
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