Displaying items by tag: Fonterra

Both DairyNZ and Fonterra have welcomed the government announcement to set aside $80 million in this year's Budget for irrigation and water storage infrastructure.

FONTERRA IS still looking for Government and other support for its national Milk for Schools programme.

OUTGOING FONTERRA chairman Henry van der Heyden will be using the next five months as a director to help execute the co-op's strategy refresh.

Federated Farmers has welcomed the 89.51% vote in favour of constitutional safeguards around Trading Among Farmers (TAF).

FONTERRA IS still looking for Government and other support for its national Milk for Schools programme.

Outgoing Fonterra chairman Henry van der Heyden said he knew when Fonterra chief executive Theo Spierings joined Fonterra just over a year ago he would hit the ground running.

Fonterra shareholders have voted overwhelming in favour of a resolution to lock in protections around the size of the Fonterra Shareholders' Fund and the integrity of the Farmgate Milk Price.

The Fonterra Shareholders Council admits that it its communication strategy during the TAF process was not up to scratch.

Fonterra chief executive Theo Spierings says since the co-op's formation in 2001, the board and farmer shareholders had made the tough decisions required to position it for growth.

The decisions made by farmer shareholders over the past decade have laid a strong, durable foundation for Fonterra's future growth and profitability, says the co-op's outgoing chairman Henry van der Heyden.