Displaying items by tag: Wools of NZ

WOOLS OF NZ is on track for a maiden profit this year, says chief executive Ross Townshend.

THE WOOL industry needs a leadership group, says Wools of NZ chairman Mark Shadbolt, who urges prompt talks on setting one up now that growers have rejected the proposed levy.

CROSS-BRED WOOLD GROWERS have had only two years of profitable returns over the past decade, based on at an estimated average production cost of $4.50/kilo of greasy wool.

A Tatua director and Waikato sheep farmer Ross Townshend has been appoint chief executive of Wools of New Zealand.

Wools of New Zealand this week achieved the minimum threshold of $5 million necessary to proceed with establishing a 100% strong wool grower-owned sales and marketing company.

Wools of New Zealand has extended the deadline for its share offer to wool growers to 5pm, February 25 2013 to ensure growers have been given as much time as possible to consider and connect to the offer.