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

 

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:

Scoop Business: NZ Net Migration Reaches New Annual Record In June

New Zealand annual net migration rose to a new record in June as arrivals continued to be bolstered by Chinese and Indian students, while fewer locals departed for Australia. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news