Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

$200 million boost to Coromandel economy

Scott Simpson
MP For Coromandel

27 February 2013

$200 million boost to Coromandel economy

Today’s announcement of a $100 million investment by Fonterra in its Waitoa plant is a terrific boost for the regional farming sector and local employment, says Coromandel MP Scott Simpson.

The company plans to construct a new long-life milk processing plant which when fully operational will employ up to 50 staff. Jobs will also be created during construction.

“This is great news for the Waitoa area and the farming community. Not only will this new plant create direct employment, the opportunities for dairy producers are tremendous.

“With the company aiming to double its production of UHF milk over the next few years, new winter supply contracts will be available with attractive milk price premiums. I understand there has already been a high level of interest from farmers,” Mr Simpson said.

The Coromandel MP said today’s news was one of several investments taking place in the Coromandel electorate which would boost the local economy and create jobs.

“The new $100 million retirement village being developed by Summerset Group in Katikati will create around 40 jobs. It is expected to inject around $38 million into the economy during the five-year development period and a further $1.3 million during each year of operation. That is a massive boost for a town the size of Katikati.”

“Encouraging and promoting new investment and job creation are at the core of the Government’s Business Growth Agenda. These two projects together represent an investment of $200 million in the Coromandel electorate. It is heartening to see this sort of confidence and growth happening in our towns and communities,” Mr Simpson said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Environment Commission: Time For Historic Step For Climate Change

Dr Wright has recommended a new Act that is similar to the UK Climate Change Act...

A similar law in New Zealand would put emissions targets into law, and require the setting of carbon budgets that would act as stepping stones towards the targets. It would also establish a high-powered independent expert group that would crunch the numbers and provide objective advice. More>>

 

Gordon Campbell: On Act, The Centre-Right’s Perennial Ugly Duckling

Act endures, despite its thoroughly fossilized views: it is the only lighthouse still shining the beams of 1980s market fundamentalism out into the electoral darkness. More>>

ALSO:

Immigration: Changes To Temporary Work Visas Confirmed

“The consultation process resulted in around 170 submissions and today’s announcement shows the Government has listened to the feedback raised by employers and industry, particularly in the regions,” Mr Woodhouse says. More>>

ALSO:

Rental WOF Passes 2nd Reading: Little Bill Goes A Long Way

The strong call from the public for warm, dry, healthy rentals has helped the Healthy Homes Guarantee Bill to pass its second reading, says Leader of the Opposition Andrew Little. More>>

ALSO:

Incomes & Housing Costs: No Signs Of Real Improvement For Poorest Families

CPAG: The latest Household Incomes Survey report shows that not everyone is better off, despite that income poverty seems to have lessened since the Global Financial Crisis in 2008. More>>

ALSO:

Turei To Be Interviewed By MSD: Gordon Campbell On The Real Truth Deficit In Welfare

It has been astonishing to see the amount of time and energy being spent on what Greens co-leader Metiria Turei did or didn’t do properly as a beneficiary back in the early 1990s – as compared to how little time and energy is being put into the point of her personal example. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election