Foreign investment not only brings in money but links New Zealand into foreign markets, says former Prime Minister John Key.
Prime Minister John Key yesterday unveiled a plaque at the purpose-built facility in front of an audience of VIPs and Tetra Pak staff.
The Prime Minister was joined at the ceremony by the Mayor of Hamilton, Julie Hardaker, together with Waikato Innovation Park chairman, Earl Rattray, and Tim High, Tetra Pak Group executive vice-president for processing systems.
Hosting the event, Tetra Pak's market area leader for New Zealand, Chris Morgan, spoke of the company's commitment to the food industry in New Zealand, and the role that its processing business, in particular, is playing to support the country's dairy sector.
"The current dairy downturn re-emphasises the need for New Zealand's export businesses to hasten their diversification out of commodities into value-added products. Whilst this is well understood by the key players, the time to market needs to be accelerated. Tetra Pak has the portfolio, the people and the required capabilities to support our customers in this endeavour," he says.
Tetra Pak's global turnover in 2015 was €11.9 billion (NZ$20 billion), with a workforce of more than 23,600 employees and sales in around 170 countries. Locally in New Zealand, the company provides employment opportunities to more than 200 people. The company supplies innovative designs, projects and equipment from its Hamilton national headquarters to New Zealand's leading ingredients, food and beverage manufacturers.
Waikato Innovation Park chief executive, Stuart Gordon, says: "Tetra Pak is a perfect match with the DNA of Waikato Innovation Park. We are proud to have a multi-national company that is a world leader in food processing and packaging solutions in the Waikato Innovation Park, forming an important part of the agri-business cluster."