Nuplex Industries confirmed its takeover by Allnex Belguim SA had received antitrust clearance from the European Commission, paving the way for its transfer into the hands of the private-equity backed Belgian company. Continue to full article

IOFIT gold shoes sync with smart device apps to provide golf swing feedback based on balance and stance, with sharable data that can be compared to pros.  We’ve seen how virtual coach apps and wearables have diversified into a number of sports, such as an attachable device that monitors kayakers’ performances, smart wristbands that can help you train for five different sports, and now golfers are the latest to benefit. IOFIT, an offshoot of Samsung Electronics, is a smart golf shoe that enables golfers to improve their swing. The shoes connect wirelessly via blutetooth to iOS and Android smart devices,…

the Southland Times reports that earthworks have begun at the McNab site which will soon become the home of the Mataura Valley Milk dairy factory.  Mataura Valley Milk director Aaron Moody, of Gore, said it was exciting to see some work getting under way on the 26.2 hectare site after several years of planning.  "It's really great to finally see some progress, it's been a long time coming."  Three tenders had been received to build the $200 million plant, but he was unable to say whether they were from New Zealand or overseas. Continue to full report      

A report in American Machinist says that ANA Holdings Inc., the world's largest operator of the 787 Dreamliner, confirmed it will replace or repair all Rolls-Royce Trent 1000 engines on its Boeing 787 Dreamliners in order to deal with an outbreak of cracks in the medium-pressure turbines caused by excessive vibration. The issue has caused All-Nippon Airways to cancel 18 flights in the past week, and reports indicate up to 300 more flights may have to be canceled in the coming weeks as the issue is addressed. Continue to full article    

The newly formed business James Cropper 3D Products (JC3DP) based  in Cumbria, UK, has launched a renewable and recyclable moulded packaging product which it says is a “sustainable alternative to plastic”.It is made from entirely renewable materials and consumers can recycle it with household paper.   It said this has been developed as a bespoke, design-engineered, moulded paper packaging product which challenges plastic in terms of colour, quality and performance and will add value for brand owners, designers and other customers – ‘going above and beyond the capabilities of any other moulded fibre packaging’. Continue to full article      

Stuff Business reports that Eighty new Nelson jobs will be created as a result of a $70 million addition to fishing company Sealord's deep sea fleet.  The purchase announcement was made by the company's chief executive officer Steve Yung during the New Zealand seafood industry conference in Wellington on Wednesday. Continue to full article

[This is a speech by Nick Smithto an audience at Lincoln University.] Thank you for the privilege of giving this 2016 Lincoln Environment lecture. I’d like to acknowledge Lincoln University Chancellor Tony Hall distinguished guests, fellow MPs, and the Centre for Nature Conservation staff who are hosting us tonight. Most of my communications are in 30 second soundbites or one page press releases, so it is invaluable to have the opportunity to set out our comprehensive plan for improving New Zealand’s management of freshwater. Continue to full article      

The automated material handling equipment market is expected to reach $44.68 billion by 2022, at a CAGR of 7.9% between 2016 and 2022. These are among the findings of a recent report by Research and Markets titled “Material Handling Equipment Market - Global Forecast to 2022.” According to the report, the growth of this market is propelled by the increasing demand for automated solutions, advancements in technology, the need to ensure a safe working environment, and reduction in labor cost through advanced robotics. Continue to the full article      

It's now more than two months on from Brexit - or the date Nigel Farage hoped would be known as "United Kingdom Independence Day" - writes James Penn in today's NZHerald and we have little more knowledge about what a post-European Union Britain will look like. This British free-trade-agreement opportunity is one that should not be missed, and negotiations should begin now. Importantly, the deal New Zealand requires to maintain or even grow exports in the wake of Brexit is itself dependent on how the relationship between Britain and the EU plays out. Continue to full article

Out of the Staes comes this article published on Fast Company about a company who reduced their working week to 5 hours a day and introduced a profit share scheme.  Would it work for your business? In every office, I've often felt, there are just a few people who do three times the work of everyone else, yet their reward is only marginally higher. As an entrepreneur, I've been managing my own productivity time—not on-the-clock-time—pretty effectively for over 15 years, and I've largely been able to work fewer hours than my friends in the corporate world. So when I started…

Two Napier Port workers were tested for exposure to methyl bromide after the second accidental venting of the powerful fumigant at the port in less than a year. Continue to full article