Posts tagged "New Forests"

KiwiRail to boost log capacity out of Wairarapa

[01 April/The Country] KiwiRail plan to increase its log capacity by about a third out of Wairarapa. This increase in capacity is to deal with the increased harvest and also to reduce the number of trucks travelling into CentrePort in Wellington. The company runs two trains on weekdays and twice as many on the weekend....

Foreign forestry deal promises to support ‘billion trees’ plan

[5 August/Stuff] According to the Overseas Investment Office, a forest sale to overseas investment company New Forests was likely to advance the Government’s plan to plant one billion trees over 10 years. New Forests intended to prune more of the trees, increasing the likelihood the wood would be supplied to domestic processors. New Forests Associate...

Australian forestry company gears up for NZ expansion with multi-million fund

[11 December/ Stuff] New Forests, an Australian forestry company, has set aside $500 million for investing in New Zealand forestry. New Forests Australia and New Zealand Managing Director, Mark Rogers said the money had been recently raised from mainly European investors. The Forest Owners Association said the Government would be keen to use some of...