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

 


Skellerup commits to $30 million Christchurch investment

18 June 2014

Skellerup commits to $30 million Christchurch investment

Skellerup today announced it will enter into a contract with Calder Stewart Industries Limited to build a new world-class Dairy Rubberware Development and Manufacturing facility at the Wigram Business Park developed by Ngāi Tahu Property Limited.

The contract will be formally signed today by Skellerup Holdings Chairman Sir Selwyn Cushing and Calder Stewart’s joint Managing Director Alan Stewart.

Construction of the 18,900 square metre facility will begin soon after and is scheduled to be completed by December 2015. Sir Ron Carter, who has extensive major project business and engineering expertise, is overseeing the project for Skellerup. The approximately 200 staff now employed at the earthquake damaged Woolston facility are expected to begin the staged transition to Wigram immediately upon completion.

Skellerup CEO David Mair says the integrated layout of the new facility offers considerable efficiencies over the multi-building complex at Woolston.

“This is another significant step for our Dairy business and great news for Christchurch. In addition to providing improved working conditions for staff, the new facility will capture process, flow and efficiency gains, further strengthening the operations of our dairy rubberware manufacturing business.”

Calder Stewart was awarded the fixed price design and build contract for the construction of Skellerup’s new Dairy Rubberware Development & Manufacturing facility following a competitive tender.

“Skellerup is delighted to be working with another well-recognised South Island business to bring about this significant development,” David Mair says. The facility will be located on a 3.4 hectare site acquired by Skellerup in May 2013 from Wigram Business Park developers, Ngāi Tahu Property. The site provides easy access to both Christchurch Airport and the Port of Lyttelton.

Calder Stewart Co-Managing Director Alan Stewart said the Skellerup project added to the list of significant contracts the company has underway.

Total project investment inclusive of levies and project management costs is estimated at approximately $30 million which is partially covered by insurance proceeds from the settlement with insurers in respect of the damage suffered at its Woolston site from the Canterbury earthquakes of 2010 and 2011.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news