Fonterra investing $70m in new electrode boilers
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Fonterra chairman John Wilson has admitted that the co-op has "dropped the ball" when communicating with shareholders.
During a discussion with shareholders at the co-op's annual meeting in Waitoa today, Wilson said that informing farmers earlier this year about new PKE usage limits was one such example.
Wilson says the co-op must get its communications better and it is the front of mind for management.
Former King Country MP, Shane Ardern told the meeting that the co-op was unable to take stakeholders along on its strategy "in these turbulent times".
"We definitely have communication issues," Ardern told the meeting.
"We have to do better in our PR department."
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Fonterra says its ongoing legal battle with Australian processor Bega Cheese won’t change its divestment plans.
With an amendment to the Medicines Act proposing human medicines could be approved in 30 days if the product has approval from two recognised overseas jurisdictions, there’s a call for a similar approach where possible to be applied to some animal medicines.
The Government wants to make sure that rural communities get a level of service that people who live in cities often complacently expect.
As the New Zealand Government launches negotiations on a Free Trade Agreement with India, one Canterbury-based vegetable seed breeder is already benefiting from exporting to the world's fifth-largest economy.
Onenui Station on Mahia Peninsula in northern Hawke's Bay is a world first in more ways than one.
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