MANUFACTURING - MSC NewsWire

NZMEA on Sistema sale

Today we have learnt of the sale of Sistema Plastics to US multinational Newell Brands, in addition to the recent sale of Compac Sorting Equipment, another highly successful New Zealand manufacturing company, to Norwegian company TOMRA in October, say the New Zealand Manufacturers and Exporters Association (NZMEA). NZMEA Chief Executive Dieter Adam says, “These sales, alongside the recent announcement of the closure of the General Cable plant in Christchurch, may well leave some wondering what is happening to manufacturing in New Zealand. In reality, the situation is ‘steady as she goes’, with manufacturing continuing to be the second-largest contributor to…

Manufacturing sales continue to rise

Total manufacturing sales rose in the September 2016 quarter, led by a rise in petroleum and coal product manufacturing, Statistics New Zealand said today. After adjusting for seasonal effects and removing price changes, the volume of total manufacturing sales rose 2.1 percent in the September 2016 quarter, following a similar rise in the June 2016 quarter. "This quarter's rise in petroleum and coal manufacturing sales followed a sizeable fall in the June 2016 quarter," business indicators manager Neil Kelly said. "This industry often has quite large quarterly movements and is not adjusted for seasonal effects." Ten of the 13 manufacturing…

USA giant Newell Brands buys Sistema Plastics and commits to manufacturing in NZ for twenty years

Sistema, the iconic New Zealand-based manufacturer, marketer and distributor of plastic kitchen storage containers, today announced that it will be acquired by U.S.-based Newell Brands for $NZD660 million. The sale of Sistema to Newell Brands, a company with a market capitalisation of $USD22 billion based in Hoboken, New Jersey, signifies an exciting new era for the company and the continued employment of its more than 700 employees in New Zealand and overseas. Established 34 years ago by founder and Managing Director Brendan Lindsay, the company has seen its brand grow into a world recognised leader in innovation with a strong…

The Next Evolution of Manufacturing

The future of manufacturing has always been a topic of much discussion and debate. In a rapidly changing economic and technological environment, this future may be more volatile and hard to predict, but bring with it greater opportunities for those who adapt and lead. Despite recent improvements in confidence and sentiment in the manufacturing sector, many of our members are quite uncertain about future orders, both in the short and long term. Is this part of a current crisis or part of a new and developing economic reality for manufacturers in New Zealand? Globalisation comes with many benefits; allowing our…

Greggs invest in Dunedin plant

Cerebos Gregg's yesterday celebrated the completion of a $20 million investment in its Dunedin plant in Forth St writes David Loughrey in today's Otago Dai;y Times. The investment over the past two and a-half years has paid for manufacturing upgrades including new production lines, a warehouse extension, improvements to environmental compliance, a new staff car park, staff facilities and an open plan main office. Continue to read full article here

Johns and Sutton the supreme kitchen and bathroom winners

Christchurch’s Davinia Sutton and New Plymouth’s Glen Johns were the Supreme winners at the New Zealand’s kitchen and bathroom Excellence in Design Awards in Sydney tonight. Johns won the National Kitchen and Bathroom Association (NKBA) best kitchen award and Sutton won best bathroom. The pair have led with outstanding NKBA awards between them in recent years. Judges said Johns kitchen design offered sophisticated space with a juxtaposition of the warm wood and metal. They said the lighting provided an intimate feel and offered clever use of modern technology. Johns says kitchens are such an integral part of the household, that…

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