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Post by Kiwi Frontline on Feb 26, 2019 16:10:04 GMT 12
GEOTHERMAL MILK PLANT NEARING COMPLETIONNew Zealand's second Māori-owned dairy plant project is on track to start producing in July. The $33 million plant in Kawerau is a joint venture: 11 Māori entities, including Poutama Trust. Between them they hold a 67% stake in the company and Cedenco Dairy Ltd, owned by Japanese company Imanaka holds 33%. Kawerau Dairy will process up to 30 million litres of milk in its first year; 12 farms will supply milk. “We expect the majority of farms supplying Kawerau Dairy in the initial start-up phase will have Māori ownership,” he says...... www.ruralnewsgroup.co.nz/dairy-news/dairy-general-news/geothermal-milk-plant-nearing-completion
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Post by Kiwi Frontline on Feb 26, 2019 16:10:37 GMT 12
IWI TO BUY STRICKEN SEAFOOD GIANT HAWKE'S BAY SEAFOODSStricken seafood giant Hawke's Bay Seafoods (HBS) is to be taken-over by shareholder and iwi organisation Ngāti Kahungunu Iwi Incorporated. The move, including the establishment of a new entity tentatively called Takitimu Seafoods, has been confirmed in a statement from iwi chairman Ngāhiwi Tomoana...... www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12207338
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