T&G Global trims half-year losses
Food and vegetable grower and marketer T&G Global has trimmed its half-year losses compared to last year, as it makes progress delivering its strategy and continues to recover from the impact of Cyclone Gabrielle.
New Zealand's largest grower and distributor of fresh produce, T&G Fresh, recently opened the doors to its new fresh produce market in Mt Wellington.
Formerly a distribution centre, the new facility has had extensive improvements to enhance functionality, such as refrigeration plant and coolstore spaces and new canopies.
There has also been improved vehicle access for consumers and staff, as well as purpose-built heavy vehicle access for efficient delivery of produce and collection of orders.
T&G Fresh managing director Rod Gibson says the facility is fully insulated to provide an improved refrigerated supply chain, helping to retain the quality and freshness of the produce so it reaches customers and consumers at its best.
The Auckland market will be an important component of T&G’s business moving forward, with the market floor to form the centre of the new site showcasing fresh produce from growers across New Zealand and around the world and a new commercial kitchen to cater for industry and public events.
“At T&G Fresh our domestic business keeps the flow of fresh produce going, with produce grown with care by our network of growers out to our 11 markets around New Zealand.
“As well as being growers ourselves, the independent growers we work with include some of the country’s largest orchards as well as local market gardeners.
“Retaining freshness and quality is critical, and the new facility will enhance our ability to do this.”
The move is the final part of T&G’s transition out of its former Monahan Road and Clemow Drive site in Auckland, a process that began several years ago, with the T&G Global corporate office team moving to the Central Park business zone in Ellerslie at the end of 2022.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).
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