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.”
One of New Zealand’s longest-running pasture growth monitoring projects will continue, even as its long-time champion steps away after more than five decades of involvement.
The Insurance & Financial Services Ombudsmen Scheme (IFSO Scheme) is advising consumers to prepare for delays as insurers respond to a high volume of claims following this week's severe weather.
Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.
Animal welfare is of paramount importance to New Zealand's dairy industry, with consumers increasingly interested in how food is produced, not just the quality of the final product.
Agriculture and Forestry Minister Todd McClay is encouraging farmers and growers to stay up to date with weather warnings and seek support should they need it.
The closure of SH2 Waioweka Gorge could result in significant delays and additional costs for freight customers around the Upper North Island, says Transporting New Zealand.
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