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

 

Seeka to Invest $18m in Northland Post Harvest Business

Te Puke, 25 July 2018: Seeka Limited [NZX:SEK] has announced plans to invest $18m in its Northland post harvest business over the next three years. Seeka is investing in new post harvest capacity, packing machines, packing shed and coolstores in Kerikeri. The investment will significantly lift the capacity of the business and give growers better harvest timing across all varieties handled – kiwifruit, avocados and citrus. The announcement was made to Seeka’s Northland growers meeting earlier this week with the Far North District Council Deputy Mayor, Tania McInnes, in attendance.

Development begins at Seeka Kerikeri in 2018 with the construction of a new packhouse and grading machinery. The construction of the buildings and equipment to be completed in time for the 2019 harvest. Alongside this investment, Seeka is transforming the information systems on site before the construction of additional coolstorage later next year. The coolstores will essentially see a doubling of the precooling and cooling capacity.

Michael Franks, Seeka Chief Executive, outlined that the investment sighted his commitment to the region and growers supplying their fruit to the company. “We are here for the long term. This investment will provide world class facilities in the heart of Northland. We want to support the communities we are part of and contribute to the local economy through investment and employment. The investment also delivers Seeka a competitive edge. We are ensuring our local people have the right infrastructure to deliver quality, price and service in our post harvest business. We are investing to support our existing growers along with the tremendous support of new growers choosing Seeka as their post harvest service provider.”

The move to develop new packing facilities and coolstorage positions Seeka to take advantage of the growth expectations in the area. Mr Franks outlined that the investment in Northland was consistent with their strategy for the region. The company continues to positively look for expansion options in the region.

ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Government: David McLean Appointed As KiwiRail Chair

David McLean has been appointed as Chair of KiwiRail Holdings Ltd, the Minister for State Owned Enterprises Dr David Clark and Minister of Finance Grant Robertson announced today... More>>


Dairy NZ: ‘More Milk From Fewer Cows’ Trend Continues In A Record Year
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>

Statistics: Consents Remain At Record Levels
There were 47,715 new homes consented in the year ended October 2021, up 26 percent compared with the year ended October 2020, Stats NZ said today. "The year ended October 2021 marks another record for the annual number of new homes consented,” construction statistics manager Michael Heslop said... More>>



Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>

ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>


PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>