Bremworth launches $6M expansion of cyclone-damaged Napier plant
Listed carpet manufacturer, Bremworth is undertaking a $6 million expansion at its Napier plant more than two years after the site was heavily damaged by Cyclone Gabrielle.
The chair of New Zealand's biggest grower, packer and exporter of apples says it's been a bumper season.
Mike Peterson is the chair of Scales Corporation, which owns Mr Apple along with several other operations within the horticultural sector. Mr Apple has 1,250 hectares of apples in Hawke's Bay, their only growing region.
Peterson says immediately after Cyclone Gabrielle, his company took action to get back up and running which is why things are so good today. He says some companies didn't do this and are struggling for a variety of reasons.
Peterson says capital is precious right now in Hawke's Bay and he feels for some of the smaller orchardists who are having hard times two years on from the cyclone.
"We are going well and continuing to invest in premium products. We understand exactly what we need to do to grow with our varieties; it is really a solid growing platform. We haven't gone down the fully automated track, but we're sort of in the band of fast followers but not leading the pack," he says.
Peterson says Mr Apple is introducing technology where it's needed and says it's about being smart in business and having a good balance sheet. So far, he says it's been a cracker of a season and things are looking good.
"This season is one out of the bag, but I have learned over the years you never to jinx the crop. We could get a hailstorm tomorrow and the whole thing is gone. So, fingers crossed for this year's harvest," he says.
A US-based company developing a vaccine to reduce methane emissions in cattle has received another capital injection from New Zealand’s agriculture sector.
Wools of New Zealand has signed a partnership agreement with a leading Chinese manufacturer as the company looks to further grow demand in China and globally.
Opportunities for Māori are there for the taking if they scale up their operations and work more closely together.
OPINION: Farmer shareholders of two of New Zealand's largest co-operatives have an important decision to make this month and what they decide could change the landscape of the dairy and meat sectors in New Zealand.
As the first of a new series of interprofessional rural training hubs opened in South Taranaki late September, Rural Health Network has celebrated the move as a "key pathway to encourage the growth and retention of health professionals in rural areas".
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