Displaying items by tag: Westland

Westland District mayor Bruce Smith isn’t buying suggestions that productive farmland at Franz Josef should be abandoned to the flood-prone Waiho River.

Westland says discussions with interested parties centered on a competitive milk price, milk pick-up and a fair value for co-op shares.

Westland Milk Products has lowered its predicted payout range for the 2018-19 due to lower than expected sales.

When in Opposition, ‘Winston First’ used to enjoy standing on the sidelines criticising the sale of New Zealand companies to Chinese interests.

Selling Westland Milk Products to the Chinese dairy giant Yili may be the right thing but will be the sad end of the cooperative, says Barrytown farmer Richard Reynolds.

The Government says the proposed $10 million loan to Westland Milk is off the table.

Chinese dairy giant Yili says Westland Milk Co-op suppliers will benefit from a competitive milk payout and greater export opportunities.

Chinese dairy giant Yili will pay $588 million for dairy co-op Westland Milk, it was announced overnight.

More questions are being asked about the Government’s contentious $10 million loan to Westland.

Westland Milk Products says the DIRA is still needed, but with some changes.