Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Pineapple-flavoured milk and cream are two of the products being churned out by Fonterra's new $120 million UHT milk processing site at Waitoa in the Waikato.
The state-of-the-art milk plant, equipped with Tetra Pak machines, was opened today by Primary Industries Minister Nathan Guy.
The pineapple milk, known as 'kid's milk', is popular in China. Anchor UHT cream packs made at the plant are sold to food service industry in Asia.
The UHT plant will have five production lines when fully operational. Today, two lines were operating- making cream and kid's milk.
Fonterra chairman John Wilson says there is provision to expand to eight production lines.
"We expect that to happen quite soon....in a couple of years. But it will happen once we fill the existing lines and when there is demand."
Fonterra managing director global operations Robert Spurway says 1200 staff and contractors were involved in the 12-month project.
"We are very proud of the finished plant," he says.
At full capacity the plant can produce 28 packets of UHT milk per second. It employs 80 people.
The opening of the plant was attended by Fonterra chief executive Theo Spierings and Tetra Pak's global head Denis Jonsson. A group of Chinese food service industry leaders also attended the opening.
*Read the full story oon the new UHT milk plant in the November 11 issue of Dairy News.
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand

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