Heinz moves more production to NZ
Date: 27 May 2011Heinz Australia will shed more than 300 jobs when it moves its Victoria, NSW and Queensland operations to New Zealand, it announced today. The decision will result in the loss of 160 jobs at Golden Circle's Northgate plant in Brisbane, 146 jobs at Girgarre in northern Victoria and another 38 jobs at Wagga Wagga, in NSW. Heinz will shift production of sauces, beetroot and some meals products from these facilities to its operations in Hastings, it announced in a statement. Heinz ... more
Historic Canterbury Brewery to be demolished
Date: 26 May 2011Christchurch's landmark Canterbury Brewery will be bulldozed and a $15 million warehouse and distribution centre built on the site. Lion told staff this morning it would relocate the bulk of its Christchurch brewing operations to Speights Brewery in Dunedin. A total of 22 jobs will go from the 110 based in Canterbury. Lion corporate affairs director Neil Hinton said the St Asaph Street brewery was so badly damaged in the February earthquake it had to be demolished. He said ... more
Global response to Psa research and development programme
Date: 24 May 2011ZESPRI, in coordination with Kiwifruit Vine Health (KVH), is spearheading a global research and development programme to protect the $1.5 billion New Zealand kiwifruit industry from the vine disease Pseudomonas syringae pv. actinidiae (Psa). The programme includes around 50 research projects, some of which are already completed. These projects partner researchers, scientists and other global experts together to provide the best available advice for the kiwifruit industry to understand and ... more
Fonterra ups forecast payout to possible new record
Date: 24 May 2011Fonterra today announced a 10 cents per share increase in its forecast profitability for the 2011 financial year, leading to a similar improvement in its forecast Payout. There is no change to Fonterra’s forecast Milk Price. The updated forecast Payout range before retentions is $8.00-$8.10, which would be a new record for the Co-operative. At the same time, Fonterra announced a lower opening forecast Payout for the 2011/12 season commencing 1 June 2011, reflecting an outlook for a ... more
2010 kiwifruit season lifts returns to growers
Date: 24 May 2011A strong 2010 kiwifruit season has lifted total payments to growers above season forecasts, with a particular highlight being a significant boost in returns to GREEN kiwifruit growers over the 2009 season, ZESPRI’s 2010/11 financial results show. Total returns to growers in 2010/11 improved from $849.0 million to $883.3 million compared to the prior year, an increase of four percent, with average Orchard Gate Returns to ZESPRI GREEN growers increasing nine percent to $32,234. Net ... more
