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

 


Elldex to unwrap new state of the art factory

Elldex to unwrap new state of the art factory


Elldex Packaging is set to upgrade and replace its existing manufacturing facilities with a new 5,000 square metre state-of-the-art factory in Christchurch’s Dakota Park.

Divisional General Manager Murray Hine says the factory will be the first purpose-built flexible packaging facility constructed in New Zealand for many years. At a time when much of the packaging industry is outsourcing heavily overseas, investing in a local build may seem an unusual move, but Mr Hine says the decision was driven by business growth and also underlines Elldex’s long-term commitment to the region and to the Christchurch rebuild.

“The factory will meet the rigorous compliance demands of producing high-quality, food-grade flexible packaging, while the suite of technologically advanced machinery will allow us to deliver the highest quality at competitive prices. It also keeps jobs local; we have around 100 skilled and dedicated staff at Elldex and it is important to remain based in Christchurch to retain that expertise.”

The factory is expected to be completed in the first half of the 2015 calendar year.

“With the support of our parent company, Hellaby Holdings, and an excellent opportunity offered to us at Dakota Park by Christchurch International Airport (CIAL), we expect to have this project scoped, planned and built within a twelve-month period,” says Mr Hine.

Dakota Park is the business and commercial estate developed by CIAL, and is positioned at the central gateway to Christchurch and the Canterbury region. With direct access to Christchurch Airport and State Highway 1, the park is designed to offer seamless connections to markets across New Zealand and around the world, ideal for the fast growing Elldex flexible packaging business.

Ends -


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news