Yili opens 'Dairy Silicon Valley'
Chinese dairy giant Yili has launched a multi-billion dollar industrial park in Hohhot, China.
It was 25 years ago that Milfos International was formed and this week the company will celebrate the milestone with an Australasian dealer conference followed by an evening celebration with service partners, suppliers and business people from around New Zealand.
Philip and Nicola Locke started the business in 1987 and today it is jointly owned with Jamie Mikkelson and Rick Staheli. The business started out manufacturing parts for milking systems and now exports to more than 20 countries around the globe. Today the business offers a wide range of high tech milking solutions for farmers milking cows, sheep and goats. The business has company owned entities in Australia, the UK and Ireland.
The business, located in Hamilton and employing over 120 staff, continues to experience significant growth. In 2011 the company won the Gallagher Waikato Business of the Year award for large enterprises employing over 50 staff.
Milfos Managing Director Jamie Mikkelson says, "We are very excited about reaching this milestone and celebrating it with our partners. It is a time to reflect on our short history, celebrate our successes and plot the way forward as a group. We are incredibly proud of our achievements and the hard work that our team puts in every day serving our customers".
Reuters reports that giant food company Wilmar Group has announced it had handed over 11.8 trillion rupiah (US$725 million) to Indonesia's Attorney General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.
DairyNZ is celebrating 60 years of the Economic Survey, reflecting on the evolution of New Zealand's dairy sector over time.
As electricity prices soar, farmers appear to be looking for alternative energy sources.
There is an appeal to New Zealanders to buy local citrus fruit.
Avocado growers are reporting a successful season, but some are struggling to keep their operations afloat following years of bad weather.
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