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Manufacturing news
Kiwi food tech firm expands reach with major Australian aged care deal
The Pure Food Co will supply up to 50,000 meals monthly to Regis Aged Care.
‘Not economic to pursue’: Major debts abandoned in East Imperial liquidation
Liquidators abandoned recovery from two overseas debtors in Europe and the Caribbean.
He created a $660m company in his garage: Sistema richlister on standing firm with a famous name to retain ‘Made in NZ’
'I don’t care if it’s Martha Stewart or the bloody Pope. I’m not taking [Made in NZ] off.'
Ten most valuable deals by foreigners trading NZ assets in latest year
Value of deals in 2024 was less than half the value of those the previous year.
Legislation, losers and lessons: Andrew Bayly’s 2024
Minister Andrew Bayly sat down with Tom Raynel to discuss his 2024, and what comes next.
ProLink calls in liquidator, 190 laid off a week before Christmas
'This is just so sad, just before Christmas' - liquidator Pritesh Patel on ProLink NZ.
Keeping it in the family: Why the Paula Ryan brand will live on
Paula Ryan has faced some major setbacks in her career but still comes up smiling.
'Plant was too small' - pre-cast concrete manufacturer ups production 50%
Father emigrated to New Zealand with $10 in his pocket then founded a growing business.
Tupperware files for bankruptcy as sales slump
The brand has seen sales fall as consumer behaviors change and competition increases.
'Massive blow': Hundreds of jobs lost as Winstone shuts mills
One of the central North Island's biggest employers has made the call to shut two mills.
He created a $660m company in his garage: Sistema richlister on standing firm with a famous name to retain ‘Made in NZ’
'I don’t care if it’s Martha Stewart or the bloody Pope. I’m not taking [Made in NZ] off.'
Citadel and DE Shaw slashed Nvidia holdings ahead of market rout
Financial Times: Sharp divisions among managers over the outlook for chip-making giant.
Power price spike a threat to provincial economy, energy users' group says
Multiple mills have had to go offline in the last week due to high power prices.
Rising energy costs could force closure of Oji Fibre Solutions recycling plant
'Crazy outcome' could follow as high power prices blamed for plant's possible closure.
Major energy users grapple with very high power prices
Some major energy users say ruinous prices are making them lose faith in the Government.
World’s biggest lithium producer urges state help to compete with China
Financial Times: US producer cuts expansion plans in struggle over key mineral for EVs.
World’s biggest lithium producer urges state help to compete with China
Financial Times: US producer cuts expansion plans in struggle over key mineral for EVs.
Warren Buffett’s Berkshire Hathaway halves stake in Apple
Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.