Bremworth launches $6M expansion of cyclone-damaged Napier plant
Listed carpet manufacturer, Bremworth is undertaking a $6 million expansion at its Napier plant more than two years after the site was heavily damaged by Cyclone Gabrielle.
The chair of New Zealand's biggest grower, packer and exporter of apples says it's been a bumper season.
Mike Peterson is the chair of Scales Corporation, which owns Mr Apple along with several other operations within the horticultural sector. Mr Apple has 1,250 hectares of apples in Hawke's Bay, their only growing region.
Peterson says immediately after Cyclone Gabrielle, his company took action to get back up and running which is why things are so good today. He says some companies didn't do this and are struggling for a variety of reasons.
Peterson says capital is precious right now in Hawke's Bay and he feels for some of the smaller orchardists who are having hard times two years on from the cyclone.
"We are going well and continuing to invest in premium products. We understand exactly what we need to do to grow with our varieties; it is really a solid growing platform. We haven't gone down the fully automated track, but we're sort of in the band of fast followers but not leading the pack," he says.
Peterson says Mr Apple is introducing technology where it's needed and says it's about being smart in business and having a good balance sheet. So far, he says it's been a cracker of a season and things are looking good.
"This season is one out of the bag, but I have learned over the years you never to jinx the crop. We could get a hailstorm tomorrow and the whole thing is gone. So, fingers crossed for this year's harvest," he says.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.