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New Zealand manufacturing shows signs of recovery despite lingering contraction

The latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI) has revealed a positive shift in New Zealand's manufacturing sector during November, signalling a break from the recent trend of decline.

NZ’s medical device remanufacturer Medsalv comes to Victoria

Medsalv, a New Zealand-based medical device remanufacturer, is bringing its sustainable remanufacturing capabilities to Australia with a new site in Victoria. 

Subway to serve Detpak sustainable platters in Australia, New Zealand

Sustainable packaging manufacturer Detpak has teamed up with Subway to launch a new fibre-based catering platter to help eliminate 205 tonnes of plastic in the environment each year. 

Genesis Energy ramps up renewables with $1.1B Gen35 program

ASX-listed Genesis Energy is planning to allocate profits from the Kupe gas field to fund a $1.1 billion initiative aimed at constructing new renewable generation and large-scale battery storage by 2030.

New Zealand’s manufacturing PMI on a ‘downward spiral’ in October

Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

Swisslog rolls out off-the-shelf warehouse automation solution for Australian, NZ SMEs

Swisslog, a leading player in the intralogistics market, has launched a standardised “off-the-shelf” version of its AutoStore roboticised storage and order processing solution in Australia and New Zealand. 

Fisher & Paykel Healthcare manufactures solo mask for sleep apnea in New Zealand and...

Fisher & Paykel Healthcare Corporation Limited, a designer, manufacturer and marketer of products and systems for use in respiratory care, has unveiled the F&P Solo mask, designed to transform the treatment of obstructive sleep apnea (OSA).

VAILO secures spot in AFR’s Most Innovative Companies in Australia, NZ

Australian Financial Review (AFR) has named lighting technology company VAILO as one of Australia and New Zealand’s Most Innovative Companies in the Manufacturing & Consumer Goods category. 

Fonterra reports strong earnings amid challenges in FY23

New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season. 

New Zealand manufacturing PMI slips further in August, says BusinessNZ

New Zealand’s manufacturing industry continues to slip further into contraction in August, with the BusinessNZ Performance of Manufacturing Index (PMI) posting a 46.1 reading, down from July’s 46.6. 
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