increase font size
Synlait Milk has landed the agribusiness award in the Sensational Selwyn Awards, which recognise business excellence in the Selwyn District, Canterbury.
Over 500 people attended the biennial awards dinner held on July 28 at the Lincoln Events Centre. Finalists for the award included Coppersfolly Ltd and Ellesmere Transport Company Ltd.
Since operations began in 2008, Synlait has grown to become one of Selwyn's largest companies, processing over 500 million litres of milk a year from around 150 Canterbury farms, and employing 128 staff.
Synlait exports to over 40 countries and has grown revenue to $400 million in only four years of operation from its Rakaia site.
The agribusiness award recognises the growth of Synlait Milk in the Selwyn District and the company's contribution to the local community, by increasing economic benefit, agriculture productivity, innovation and environmental awareness.
"The Agri-Business award is testament to our business strategy and the effort from all our staff. It is an honour to be recognised by our local community for our continuing commitment to the district," says Synlait CEO John Penno.
State farmer Pāmu (Landcorp) has announced it will pay a $10 million special dividend to the Crown off the back of a strong outlook for the business and a capital repayment of $9.5 million following Fonterra's consumer business sale.
Two major acquisitions in the New Zealand dairy sector were completed this week.
OPINION: Synlait's latest half-year result reveals a serious problem at the heart of the business: its core operations are no longer bringing in enough revenue to cover the cost of production.
OPINION: Synlait's woes show no sign of ending anytime soon.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
OPINION: After much wrangling, the Free Trade Agreement (FTA) between New Zealand and India is a step closer to fruition.
North Otago farmer Leilani Lobb has been named the 2026 Dairy Women’s Network (DWN) Regional Leader of the Year.
There's optimism emerging among farmers on the Chatham Islands after years of an irregular and poor shipping service.
Bay of Plenty leader and General Manager of Te Tawa Kaiti Lands Trust, Hinehou Timutimu, has been announced as the 2026 Fonterra Dairy Woman of the Year.
A large-scale modern orchard development in coastal Mid-Canterbury is expected to eventually produce 116 million apples a year from 900,000 trees while also becoming a significant employer for the region.
Silver Fern Farms has announced a major capital investment valued at over $100 million to redevelop freezing, cold storage, and automation facilities at its Finegand Site near Balclutha.
