ANZCO posts $61m net profit despite challenging year
Meat processor ANZCO Foods says despite a challenging business environment, it has posted a net profit before tax of $61 million for 2023.
ANZCO Foods managing director Mark Clarkson has been appointed to the Beef + Lamb New Zealand board.
He is as one of two processor-exporter representatives nominated by the Meat Industry Association (MIA).
Clarkson replaces Sliver Fern Farms chief executive Keith Cooper who resigned earlier this year calling the BLNZ ineffective.
BLNZ chairman Mike Petersen has welcomed the addition of Clarkson to the board, noting his considerable industry knowledge and experience in both sheepmeat and beef processing and marketing.
Before beginning his current role with ANZCO Foods Ltd in March 2004, Clarkson headed of ANZCO subsidiary CMP Canterbury Ltd for 10 years. He built strong relationships with customers, employees, shareholders and farmer producers.
In addition to the six farmer-elected board members, BLNZ has two processor-exporter representatives of which Clarkson is one and Craig Hickson of Progressive Meats is the other.
New Zealand milk production is off to a strong start, with the first month of the 2025/26 dairy season recording a whopping 17.8% jump in milk production, compared to the previous season.
With adverse weather set to rain down on the Top of the South, the Bay of Plenty and parts of Northland, Agriculture Minister Todd McClay says farmers, foresters, and growers need to prepare for possible challenges.
Keep up with innovation and e-commerce in China or risk losing market share. That was the message delivered at the China Business Summit in Auckland this month.
Meat Industry Association (MIA) independent chair Nathan Guy says getting meat processors involved has been a shot in the arm for the sector's key marketing initiative into China, Taste Pure Nature.
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.
Federated Farmers is vowing to keep the big banks accountable for their actions and to continue pushing for meaningful change in the rural lending sector.
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