Mohawk to acquire NZ carpet maker Bremworth
Premium wool carpet maker Bremworth is being sold to the world's largest flooring company.
The Government announced this morning that it will be supporting a new project with New Zealand wool carpets company Bremworth.
The Ministry for Primary Industries (MPI) will contribute $1.9 million towards Bremworth's $4.9 million sustainability project through its Sustainable Food and Fibre Futures (SFF Futures) fund.
Agriculture Minister Damien O'Connor says the programme will involve research and development of natural and green chemistry-based alternatives to the few remaining synthetic components of woollen carpets.
O'Connor says that a rise in synthetic carpets has severely affected the wool industry.
"I'm told that an average Kiwi household laid with synthetic carpet is expected to have the equivalent weight of 22,000 plastic shopping bags on its floor. That's a compelling reason to use sustainable wool wherever we can to make healthy homes for Kiwis and the world.
"More than ever consumers are considering the entire life-cycle of products. We believe this programme will spur demand for New Zealand strong wool and enhance our manufacturing competitiveness through strong environmental credentials that challenge industry norms."
He says that revitalising the strong wool sector is a key component of delivering the Government's Fit for a Better World roadmap, released in 2020.
"Ultimately we hope it will benefit New Zealand's strong wool sector, with better returns for our farmers and manufacturers, and supporting their communities.
"If we get this right, then that's a compelling yarn we can sell to our markets abroad," O'Connor says.
Meat co-operative, Alliance has met with a group of farmer shareholders, who oppose the sale of a controlling stake in the co-op to Irish company Dawn Meats.
Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture across New Zealand.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
In a few hundred words it's impossible to adequately describe the outstanding contribution that James Brendan Bolger made to New Zealand since he first entered politics in 1972.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.