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Manufacturing news
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.
Tupperware files for bankruptcy as sales slump
The brand has seen sales fall as consumer behaviors change and competition increases.
$3.6m liabilities: PwC report on Sportcraft boating businesses
Staff, Inland Revenue and many others are listed as being owed money by the two companies.
Oji confirms mill closure, 75 jobs lost
The company has experienced a range of issues including high energy costs.
'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.
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.
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.
Tiwai Point to ramp down electricity usage to ease tight supply
Tightening gas supply and low lake levels have pushed wholesale power prices higher.
Japanese carmakers ‘very scared’ by China’s rapid EV development
Financial Times: Sony-Honda joint venture boss says conservative culture must change.
Chasing green electrons: Why Rio Tinto went all-in on Tiwai Point
And what the future holds for the Southland plant.
Giant new 1.7ha warehouse: Cotton On expands in NZ
Originally opened here in 2006. Now has 1000-plus staff in around 100 stores in NZ.
China's June factory activity contracts again, services slows
China's economy struggles to get back on its feet.
China's June factory activity contracts again, services slows
China's economy struggles to get back on its feet.
Why Americans are not buying more EVs
Financial Times: Tariffs on Chinese imports could reduce competition and increase costs.
Expansion plans: Where new McDonald's are rising
Three new Auckland outlets opened last year but another four are coming nationally soon.