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

 

Finance: Major Campaign To End "Gross Overtaxation Of Savings"

The campaign – which includes a special web site through which New Zealanders can e-mail their own and other MPs and party leaders – is backed by Age Concern, Consumer NZ, the Financial Services Council and the Taxpayers’ Union. More>>

ALSO:

Scoop Business: Leighton-Led WGP To Build, Manage Transmission Gully

The Wellington Gateway Partnership, led by a unit of ASX-listed Leighton Holdings, has won the $1 billion contract to build the Transmission Gully road north of Wellington. More>>

ALSO:

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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