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

 

Compac on Track for Record Year

Media information

5 December 2006

Compac on Track for Record Year

Technology innovation company Compac Sorting Equipment is on track for a
record year, with a forecast of $45m in global sales to June 07.

This marks an 80% increase over the past two years and is a result of
Compac's long term focus on technology.

Compac recently was awarded a Technology Commendation for its innovative
technology, used to improve efficiencies in fruit and vegetable packing.

Compac designs and manufactures high speed sorting, grading and packing
systems for fruit and vegetables and its technology is regarded as a world
leader. It sorts by weight, size, blemish, shape, colour and density as
well as for sugar levels or internal defect.

Bob Shaw, Compac General Manager, said local sales have been significant
this year particularly with the growth and uptake of technology in the
kiwifruit industry.

Mr Shaw says growth is also coming through the company's sustained effort
into expanding its markets in North and South America as well as through
partnerships in Europe and Asia.

Compac operates in over 22 countries, with over 100 staff in New Zealand and
a similar number globally.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>



All District Health Boards: Historic Pay Equity Settlement

An historic agreement has been ratified that addresses a long-standing undervaluation of a workforce that is critical to the smooth running of our hospitals and the delivery of healthcare... More>>




Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>



Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>


DoC: Smeagol The ‘Gravel Maggot’ Leaves Its Rare Mark On The Remote West Coast
An extremely rare species of sea slug or ‘gravel maggot’ has been detected for the first time on a remote beach in South Westland... More>>