Top wool advocate bales out
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
Elders Primary Wool will change its brand name to CP Wool from September 2015.
The change follows the 50% acquisition of the Elders Primary Wool business by South Island based Carr Group. It will be known as CP Wool in the market and be underpinned by Carrfields Primary Wool, a play on the Carr Group transition to Carrfields – which will roll out from July 2015.
Primary Wool Co-operative, the other 50% shareholder in the Elders Primary Wool business is represented by the ‘Primary Wool’ reference.
“Elders Primary Wool is an iconic player in the New Zealand wool market both locally and on the global stage. Whist we are changing our brand name, we will not be making any changes to the business structure it is today,’” says Elders Primary Wool chairman, Stu Chapman. “We will continue to grow and strengthen our position across the wool value chain – we have a good stable of businesses under the Elders Primary Wool umbrella which CP Wool can carry forward.”
Primary Wool Co-operative chairman, Bay de Lautour says he’s confident the brand change will herald the next chapter in the growth of the New Zealand wool business for both co-operative members and clients.
Carr Group managing director, Craig Carr says the change to CP Wool will align with the change across other parts of the business to Carrfields.
There will be no change to Elders Primary Wool businesses Wool Exports NZ, NZ Yarn and Just Shorn which will continue to operate under their distinct brand names.
Listed rural trader PGG Wrightson chair Garry Moore and his deputy Sarah Brown have been voted out by shareholders.
It was love that first led Leah Prankerd to dairying.
DairyNZ has appointed Dr Jenny Jago to a newly created leadership team role - science partnerships & impact advisor - as part of a strategic refresh of the organisation's science leadership.
OPINION: Public pressure has led to Canterbury Police rightly rolling back its proposed restructure that would have seen several rural police stations closed in favour of centralised hubs.
When I interview Rachel Cox, she is driving - on her way to her next meeting.
With Fonterra's UHT plant at its Edendale site less than a year from completion, demand continues to grow for products the plant will produce, such as Anchor Whipping Cream.