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

 

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:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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