Open Country opens butter plant
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Finance Minister Bill English says it turns out that the country is not as dependent on the dairy industry as we thought.
"We certainly benefited from its strength through 2009-10 when the dairy industry helped pull the country out of recession ," he says.
"Now we see a whole range of industries where there size is such when they grow as they are, it is taking the whole national economy forward."
English made the comments while opening the 2016 National Fieldays.
English singled out the horticulture industry and the sheep and beef industry as doing well.
He says the economy has pretty strong prospects because "it turns out we have a well balanced export sector".
"Of course there are risks out there; on any given day we can worry about whether the Chinese credit bubble will burst or whether Britain will leave the EU.
"Both of these things look a bit more likely this week than they did last week."
Wool Impact and ASB have signed a new partnership with the bank set to provide financial backing to support the revitalisation of New Zealand's strong wool industry.
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Last week marked New Zealand Sign Language Week and a South Canterbury tanker operator is sharing what it's like to be deaf in a busy Fonterra depot.
As fuel and fertiliser prices rise and with uncertainty in the future, farmers are being urged to go over their budgets with a fine-tooth comb.
Federated Farmers says reforms of local government announced last week will be music to farmers' ears.
Hinehou Timutimu, the 2026 Fonterra Dairy Woman of the Year, says she feels privileged to have won the award.

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