Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ANZCO Foods’ new Foodplus programme

FOR IMMEDIATE RELEASE
5 December 2012

ANZCO Foods’ new Foodplus programme – comments by Sir Graeme Harrison

ANZCO Foods Chairman, Sir Graeme Harrison, who has worked in the meat industry in various roles since 1973, is enthusiastic about the potential of the new Foodplus programme to enhance business opportunities for the sector.

ANZCO Foods and the Ministry for Primary Industries announced joint funding for the $87million Foodplus programme earlier this week. MPI Director-General Wayne McNee approved funding from the Primary Growth Partnership, which is administered by MPI.

Sir Graeme says it will give a vital boost to the meat industry.

“For too long the meat industry has been criticised as being a production-led commodity business characterised by high volatility and marginal profitability. This government-industry partnership provides a springboard to further transform our industry, to leverage off the inherent strengths of our farming practices and animal health status and to collaborate and capitalise on the benefits of quality New Zealand research and innovation.”

The name Foodplus reflects the programme’s goal of repositioning the market’s traditional and narrow perception of meat products through the development of novel, sustainable, value-added products in food, ingredients and healthcare, he says.

“As Foodplus begins to utilise the PGP’s comprehensive research opportunities, we will introduce more projects that will certainly challenge and re-invent the traditional uses of beef cattle in particular.”

ANZCO has existing manufacturing and meat ingredient food businesses at three New Zealand sites. “The Foodplus initiative will build on the existing expertise within ANZCO Foods but also add considerable new processes and opportunities never before realised in the New Zealand meat industry.”

ANZCO is confident the benefits of Foodplus will extend to its farmer-producer suppliers who can expect to see value extracted in due course from all parts of the animal.

END

More about the company running the PGP programme
ANZCO Foods is a multinational group of companies and one of New Zealand’s largest exporters, with sales of $1.3 billion and employing more than 3000 staff worldwide.

The Primary Growth Partnership
The Primary Growth Partnership is a government-industry initiative that is investing in significant programmes of research and innovation to boost the economic growth and sustainability of New Zealand’s primary, forestry and food sectors. To date it has committed around $600 million of multi-year funding.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news