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

 


New report reveals new insights for NZ manufacturing

Media release

25 February 2014

New report reveals new insights for New Zealand manufacturing

A new report being launched on 26 February reveals common traits of New Zealand’s most successful manufacturers, how important the manufacturing sector is to our economy and how it measures up internationally.

Independent researchers Castalia, who compiled the report on behalf of ManufacturingNZ (a division of BusinessNZ), interviewed some of New Zealand’s most successful high growth manufacturing firms to see if their lessons and experience can be applied to the whole of manufacturing.

These firms provided an insightful picture of modern manufacturing – including factors such as family/private ownership, market knowledge, niche domination, being export orientated and going beyond just producing goods.

The report makes recommendations to Government on what policy would best support a vibrant and thriving manufacturing sector.

The Hon Steven Joyce, Minister for Economic Development, will be attending the launch and giving his response to the report’s findings.

Catherine Beard, Executive Director of ManufacturingNZ, says “The case studies in this report reveal common factors which make New Zealand manufacturers competitive. Talent-driven innovation is a key driver of competitiveness. Addressing the skills shortage was also raised when firms were asked for the top public policy issues they would raise with the Government. It is fitting that AUT Business School is hosting the launch of this report.”

Alex Sundakov, Chief Executive of Castalia, says “The manufacturing sector remains a key part of New Zealand’s economic future. It is the largest contributor to the New Zealand economy, and is holding ground compared to other OECD countries. This study revealed how the changing nature of business requires a modern interpretation of manufacturing. This includes successful manufacturers reshaping their businesses by providing services.”

The report is being launched on 26 February at 4:30pm at AUT City Campus, 42 Wakefield Street – Room WG 308, Te Iringa Room, Sir Paul Reeves Building, Mezzanine.

CastaliaReport_loRes.pdf

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news