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Celebrations Mark New Company Name for Iconic Business
Celebrations Mark New Company Name for Iconic Business
Carter Holt Harvey Pulp, Paper and Packaging’s change of name to Oji Fibre Solutions was officially marked at a celebratory event hosted by the Consul General of Japan in Auckland.
The new name follows the sale of the business last year to a joint venture between Oji Holdings and Innovation Network Corporation of Japan (INCJ).
Speaking at the event Minister for Economic Development, the Hon Steven Joyce, underlined the importance of high quality investment for business confidence and economic growth. He noted Oji Holdings’ long-term commitment to New Zealand and the opportunities the new shareholder presents for introducing new technologies and innovation, creating more skilled jobs and increasing regional activity.
Oji’s investment in New Zealand dates back to 1971 with Pan Pac Forest Products. Soon after acquiring the Carter Holt Harvey pulp, paper and packaging business, the new shareholders announced a $30 million upgrade to the Penrose Paper Bag manufacturing facility.
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