South Canterbury will be the undisputed home base for butter making in the South Island after Fonterra signed off a $75 million expansion project at its Clandeboye site.
French owners of jam, juice and sauce company Barker’s will start processing at a new factory near Geraldine by the end of the year as part of a $50 million to $60m expansion project.
Lincoln University Dairy Farm has moved from 10 milkings every seven days to a more flexible system and has dropped pure plantain growing to keep up with top-performing farms in Canterbury.
Ingka Investments — the investment arm of Ingka Group, the largest retailer of IKEA home furnishings, recently bought 12,900 ha of existing forestry in Northland
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Dairy giant Fonterra will spend $75 million to expand butter production as it looks for earnings growth after the sale of its global consumer business.