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

 


Meadow Mushrooms Opens Second Stage Of $120m Redevelopment

August 15, 2014

Meadow Mushrooms Opens Second Stage Of $120 Million Redevelopment

The second stage of a $120 million redevelopment and expansion project at one of New Zealand’s largest agricultural enterprises will be opened this week.

The $12 million investment into the extension of Meadow Mushrooms’ Christchurch farm will add a further 60 jobs and increase production by 37,000 kilograms of fresh white mushrooms a week.

This project follows the $45 million expansion undertaken by the company on site in 2011 and is the second of three stages to completely reconfigure the company’s infrastructure in New Zealand. A new office administration and headquarters construction project will commence before the end of the year and will be followed by an expansion of the compost facilities and growing shed conversions.

“This development demonstrates Meadow Mushrooms’ confidence in the future market and our commitment to the industry,” said John Barnes, CEO of Meadow Mushrooms.

“It’s also an important milestone in the regional economy, under-pinning Canterbury’s reputation as a world-renowned food-growing region.

“The 25% increase in output will ensure that we can continue to meet New Zealand’s growing demand for mushrooms and ongoing export potential.

“The certainty of increased supply will allow us to guarantee supply and improve service to our customers, both domestically and internationally,” he said.

Meadow Mushrooms currently employ 480 staff and produces on average 150,000 kilograms of freshly hand-picked mushrooms every week in its sophisticated, state-of-the-art growing facilities.

The company is confident that the annual growth of sales that has been a consistent achievement since the launch of Meadow Mushrooms in New Zealand in the early 1970s will continue into the future.

“New Zealanders currently consume an average of 2kg of mushrooms per person, each year, which is approximately 30% below the Australian consumption average,” said John Barnes.

“New Zealand consumers recognise the nutritional value of mushrooms, their versatility and their importance to a wide range of menu options so we are confident of continuing growth of demand,” he said.

Fresh mushrooms are the 3rd highest selling vegetable in New Zealand, exceeded only by potatoes and tomatoes.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news