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Manufacturing news
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'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.
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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.'
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Top defence contractors set to rake in record cash after orders soar
Financial Times: Growing cash flows spark debate about how industry will spend billions.
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Warren Buffett’s Berkshire Hathaway halves stake in Apple
Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.
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ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
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Tesla misses profit estimates as Elon Musk delays ‘robotaxi’ launch
Financial Times: Shares fall despite CEO’s claim about ‘autonomous fleet’.
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Japanese carmakers ‘very scared’ by China’s rapid EV development
Financial Times: Sony-Honda joint venture boss says conservative culture must change.
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Chasing green electrons: Why Rio Tinto went all-in on Tiwai Point
And what the future holds for the Southland plant.
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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.