What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
AgResearch chief executive Tom Richardson (left), Lincoln University chancellor Steve Smith, vice-chancellor Robin Pollard, Selwyn MP Amy Adams and Tertiary Education Minister Paul Goldsmith pose for the groundbreaking ceremony for the $206 million Lincoln University-AgResearch Joint Facility.
A ground breaking ceremony at Lincoln University has marked the start of work on the new $206 million joint facility to house AgResearch and Lincoln University researchers, students and staff.
The Minister of Tertiary Education, Paul Goldsmith, joined AgResearch chief executive Tom Richardson, Lincoln University chancellor Steve Smith, vice-chancellor Robin Pollard and Selwyn MP Amy Adams wielding the spades on the site, formerly occupied by the quake-damaged Hilgendorf complex.
The 27,000 sq.m building will house about 300 AgResearch staff, including its corporate headquarters, a similar number of Lincoln University staff and about 75 DairyNZ staff.
Parts of it will be complete in 2019 and the remainder in 2020. The Burns Wing, standing on the Springs Road side of the site, has yet to be demolished to make way for the new building.
The facility will be jointly owned by AgResearch and Lincoln, with DairyNZ as a tenant.
It is planned to bring together staff from the disparate organisations, and Lincoln students, in a collaborative environment to enhance agricultural science and education.
“The connections forged inside this facility are going to mean a new era of top quality science and impact for agriculture, which will in turn mean more prosperous communities in New Zealand,” says AgResearch chief executive Tom Richardson.
“It is also going to be a huge drawcard for the smartest minds to join in our research and keep us at the cutting edge.”
Lincoln University chancellor Steve Smith called it an historic day.
“The opportunity for Lincoln University – one which we intend to seize – is to unleash the potential inherent in having our teachers and students working alongside and partnering with the leading-edge scientists from AgResearch, other CRIs and industry.”
“The real power in learning and research comes from proximity: human relationships, being in the same space, chance conversations and the synergies observed between different academic and scientific disciplines,” Smith said.
Vice-chancellor Dr Robin Pollard called the building a means to an end.
“What really matters is to have staff, students and colleagues in the CRIs to come together and work together in ways that improve the outcomes.
“Lincoln is multidisciplinary but many of those people have not been involved in AgResearch-type projects so the nature of research will change as well,” said Pollard. “My plan for Lincoln is to be completely open to collaboration.”
The project has been closely linked to the Lincoln Hub concept through the planning stages but is not being officially described as the hub building. Pollard said there had been some confusion about the naming of the facility.
The Lincoln Hub company, a joint venture between Lincoln University, AgResearch, Landcare Research, Plant & Food Research and DairyNZ, is already in operation as a facilitator and co-ordinator of joint projects, but Pollard said it would not “immediately” be a tenant in the new building.
Everyone attending the event was invited to join the official party in signing a document to be included in a time capsule to be incorporated into the site. It is not expected to be opened for 140 years, mirroring the 140 years since the laying of the foundation stone of Lincoln’s iconic Ivey Hall building.
Farmgate lamb prices are down by 8%, beef cattle by 4.5% and farm expenditure up by 4.2%.
Kiwifruit growers are watchful but remain optimistic as concerns around the potential effects of the El Niño weather pattern this season.
Almond hulls sourced from Australian orchards may have the potential to help New Zealand cows reduce emissions, boost milk yield and lower input costs.
Striking a balance between meeting the needs of industry to speed up approval time for products but on the other hand ensuring that risks are properly assessed.
Surprised, humbled and quite thrilled. That’s the reaction of James Allen, one of the founding partners and now chief executive of AgFirst, on being made a life member of the Institute of Rural Professionals.

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