fbpx
Print this page
Wednesday, 24 July 2019 11:29

Factory closures?

Written by 
Factory closures?

OPINION: Australia hasn't been a happy hunting ground for Fonterra in recent years thanks to increasing competition among processors and supermarkets pushing their weight around.

Add that to a drop in milk production due to extreme weather this year and the co-op is facing a dilemma of overcapacity. Processing 20% of Australia’s total milk, the co-op suddenly finds itself with more stainless steel than it needs.

Rumours are rife that Fonterra will close one or more of its processing plants there.

Fonterra will announce its annual result on September 12. Watch this space.

More like this

Winston's crusade

Winston's crusade

OPINION: A short-term sugar hit. That's what NZ First leader Winston Peters is calling the proposed sale of Fonterra's consumer and associated businesses.

Popular Reads

Bold taste wins gold medal

Bold taste wins gold medal

Alliance Group's Pure South Handpicked 55 Day Aged Beef has been recognised on the world stage, securing top honours at the…

Featured

Elite sheep dogs to go head-to-head at Ashburton A&P Show

Elite sheep dogs to go head-to-head at Ashburton A&P Show

A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.

Safer Rides initiative boosts farm quad bike safety

According to a new report, the Safer Rides initiative, which offered farmers heavily discounted crush protection devices (CPDs) for quad bikes, has made a significant impact in raising awareness and action around farm vehicle safety.

Editorial: Farewell Jim

OPINION: In the past weeks, much has been said and written about one of New Zealand's greatest prime ministers, James Brendan Bolger, who died just a few months after his 90th birthday.

National

Machinery & Products