Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
Record sales of cream cheese in China has seen Fonterra ramp up production at its Darfield site in Canterbury.
The co-op has hired a full shift of new recruits: the five-member team will work alongside the three other shifts at the plant.
One of those new employees is Liam Fitzgerald, who worked as an international pilot at Air New Zealand for the last eight years until COVID-19 required him to make a change.
“About 15 years ago I worked for Fonterra up at Edgecumbe. Recently, when my flying career came to a halt unexpectedly, I spoke to my wife about returning to the dairy industry,” says Fitzgerald.
“I grew up rural in Whakatane and knew the culture and lifestyle of the industry would work for us as we have a young family.
“The opportunity came up in the cream cheese plant and having spoken to a few people I was really excited to join the team. It’s a small team but a modern plant and a cool product that I’m looking forward to working with.”
Fonterra Darfield cream cheese plant manager, Blake Aston says that with COVID-19 bringing uncertainty to the job market, it is good Fonterra’s able to offer new opportunities for people looking for work.
He says the team is seeing record monthly sales for cream cheese.
“Demand is predominately coming from China as we continue to see an increased interest in pasture-fed milk from New Zealand.”
The cream cheese is going into a range of different products, from cheese lollipops to traditional Chinese pastry like moon cakes.
“We have great flexibility here at the plant that enables us to dial up or down the firmness and consistency of cream cheese to meet customer preference and the great job our farmers are doing in delivering top quality milk,” says Blake.
Fonterra's Darfield site was established in 2012 and employs more than 280 people.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?