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Friday, 30 November 2018 15:23

Sir Bill English to be honoured by Victoria University of Wellington

Former Prime Minister, leader of the Opposition and Minister of Finance the Right Honourable Sir Bill English is to receive an honorary doctorate from Victoria University of Wellington.

Published in POLITICAL
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Friday, 30 November 2018 14:37

Higher bank capital better for banking system and NZ

30 Nov: 1339  |  We can improve the soundness of the New Zealand banking system by requiring banks to hold more capital with no trade-off to efficiency, Reserve Bank Governor Adrian Orr says.

Published in BUSINESS
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Friday, 30 November 2018 09:57

Plastics industry helps designers create easy-to-recycle packaging

Plastics industry helps designers create easy-to-recycle packaging

RECOUP and the British Plastics Federation (BPF) have launched new guidance to help packaging designers create easy-to-recycle plastic packaging.

Published in PACKAGING
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Friday, 30 November 2018 09:49

Great Barrier unhappy with Auckland’s marine sludge plan

  Great Barrier Island off the coast of Auckland.

Residents of Great Barrier island don't want the dredgings from Auckland's port and marinas near their island, but marinas say it has nowhere else affordable to go, reports Eloise Gibson for Newsroom.

Published in REGIONAL
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Friday, 30 November 2018 09:31

XE Update Friday 30 November, 2018

XE Update Friday 30 November, 2018

Daily Market Update From XE:   The Kiwi opens at 0.6849

Published in FINANCIAL
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Friday, 30 November 2018 08:47

Australasian Plastics Manufacturer to Build Its First U.S. Plant

 Pictured: Extra low-free monomer TDI prepolymers for the cast elastomer industry.

Era Polymers Corporation, an Australian manufacturer, also located in New Zealand, specializing in polyurethane chemistry, will open its first industrial facility in the United States, creating 20 new jobs in Gaston County, North Carolina. The company plans to create 20 new jobs in the town of Stanley, investing $9.2 million.

The company, with headquarters in Sydney, Australia, produces a diverse line of polyurethane products and has a worldwide distribution network. The new manufacturing operation in Stanley, the first American plant for the company, will join four other production facilities operated by the company in Australia, New Zealand and South Africa. Strong sales growth in North America led the company to search for a new business location in the United States.

“Era Polymers has been conducting business within the USA for more than 15 years,” said George Papamanuel, President of Era Polymers. “It became a logical step for us to establish our own presence in the USA with an advanced manufacturing facility, to better supply and technically service our growing customer base. This world class facility is the ideal platform to support the next growth stage of our company.”

According to the local chamber of commerce, a performance-based grant of $50,000 from the One North Carolina Fund will help facilitate Era Polymers’ move into Gaston County. The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. In addition to creating and maintaining the 20 jobs, meeting a threshold of $8 million in investment is directly tied to the company’s OneNC agreement.

“Our community welcomes Era Polymers to North Carolina,” said N.C. Representative John Torbett. “Many people and organizations in our region came together to recruit this company and we stand ready to support them as they put down roots and grow here.”

The company’s products include polyurethane elastomers, foams, coatings, machinery, and toll manufacturing of polyurethane chemistries.

Published in BUSINESS
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Friday, 30 November 2018 07:54

Canada: the ideal North American launchpad for your tech business

Canada: the ideal North American launchpad for your tech business

Canada is the ideal North American launchpad for your tech business suggests Nick Fleming / NZ Trade Commissioner and Consul General, Canada.

Published in BUSINESS
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Friday, 30 November 2018 07:48

New mining venture a reality for West Coast

30 Nov: 0731  |  The Government is backing a new venture to mine garnet on the West Coast with a $10 million loan from the Provincial Growth Fund (PGF), Regional Economic Development Minister Shane Jones has announced.

Published in POLITICAL
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Thursday, 29 November 2018 14:53

Trade scholarships available for 2019

Trade scholarships available for 2019

Māori and Pasifika Trades Training (MPTT) Auckland has more than 650 scholarships available for 2019 as part of its work to build a qualified trades workforce. Eligible candidates get their fees paid and one-on-one support from a mentor to find the right job to launch their career.

Published in EDUCATION
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Thursday, 29 November 2018 11:16

Kiwifruit growers can now access a new tool to help them combat the bacterial disease Psa – the biocontrol product AureoGold™.

AureoGold™, developed by Plant & Food Research in collaboration with Arysta LifeScience, is a natural yeast strain that reduces growth and spread of Psa bacteria. It can be used during flowering and post fruit set, a time in the calendar when use of other controls for Psa is limited. AureoGold™ is a yeast found naturally on many different species of plants and fruits in New Zealand and is safe for bees.

Published in HORTICULTURE
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MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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