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."
Danielle Adsett has been announced as the new chief executive of New Zealand Apples and Pears (NZAPI).
Lian Butcher has been appointed as the next Chief Executive of the Environmental Protection Authority (EPA).
A day after selling its consumer businesses, Fonterra has settled a civil claim, filed by Greenpeace, out of court.
The venue for National Fieldays, the Southern Hemisphere's largest agribusiness show, is getting a major infrastructure upgrade.
Despite the ongoing bad news on the geopolitical front, New Zealand kiwifruit growers may be in for a good payout.
Under pressure wine growers say the appointment of a new chief executive will bring a fresh perspective, renewed focus, and a clear, united vision for the industry.

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