Posts tagged "Seeka"

Critical seasonal labour shortage may hinder kiwifruit industry growth – report

[3 August/The Country] A report by New Zealand Kiwifruit Gowers Inc says a critical shortage of seasonal workers could limit the kiwifruit industry’s growth over the next ten years. The report showed the industry would require 7,000 seasonal workers if it was to double in size as predicted. At the start of the 2018 season,...

Orchard sales part of expansion

[23 July/Farmers Weekly] An expansion by Seeka into Northland was already paying off. It purchased the orchard and post-harvest operations of T&G Global in April. Seeka Chief Executive, Michael Franks, said since purchasing the orchard, it had signed up a further 340,000 trays of kiwifruit supply from independent growers. The orchard land and various other...

Western Bay of Plenty kiwifruit industry rejoices at much-needed cold snap

[29 May/The Country] Temperatures in the Western Bay of Plenty have fallen which is good news for the kiwifruit industry. NIWA’s principal Scientist for Forecasting, Chris Brandolino, said the coldest days were yet to come and warmer temperatures would return this weekend. MetService meteorologist, April Clark, added a southerly flow was traveling up the country...

Ministry declares 1200-person kiwifruit labour shortage in Bay of Plenty

[8 May/The Country] For the first time in over a decade, a seasonal labour shortage was announced in the Bay of Plenty. The Ministry of Social Development said the region needed 1,200 additional workers to pick and pack kiwifruit. Zespri did not expect the labour situation to have any material impact on the season or...

Seeka buys T&G assets

[30 April/Farmers Weekly] T&G will sell its kiwifruit orchards, packhouse facilities and assets to Seeka. The deal is worth about $40 million. Seeka recently sold out its shares in Zespri Group after opposing constitutional changes that tied shareholdings to trays of fruit produced. T&G will still have access to fruit grown by Seeka for its...

Govt lawyers, kiwifruit growers battle over duty of care in Psa court case

[27 October/New Zealand Herald] After 11-weeks the court case brought by kiwifruit growers against the Ministry of Primary Industries over the 2009 outbreak of Psa is coming to a close. Jack Hodder QC, the Government’s Lawyer, said in his closing statement that the Government did not have a duty of care for biosecurity. The group...

Seeka first-half profit climbs 56pc on improving Australian operations, wary on full year

[25 August/The Country] Seeka, the largest kiwifruit grower in Australasia, has reported first half profit up 56% on the prior year but expects a smaller crop will see earnings decline in the coming year. Half year profit at $11.1 million was achieved on largely unchanged revenues, but was bolstered by gains from the company’s Australian...

Seeka releases new avocado variety to growers

 [13 December/ Business Day: NZ Farmer] Seeka has bought the variety rights to the GEM avocado and has released a small number for planting this Spring, meaning New Zealanders could look forward to eating a new variety in three years when the trees started to produce in commercial quantities. Seeka Chief Technical Officer, Jonathan Dixon...

Seeka lifts 2016 guidance following insurance settlement

 [11 November/ National Business Review] Seeka said in a statement that it had settled a second insurance claim from a 2015 fire and had updated its earnings guidance to reflect the payout. Seeka would receive about $3.6 million plus GST in the insurance settlement after a fire destroyed a shed at one of the company’s...

Chinese ban kiwiberry imports

 [16 March/ Radio NZ Rural] Chinese Authorities have banned imports of kiwiberries, leaving New Zealand exporters scrambling to find customers for their fruit. A Ministry for Primary Industries spokesperson said they were working with Chinese authorities to resume the trade as quickly as possible. Seeka Chief Executive, Michael Franks said China’s decision had taken the...

Seeka looks for growth outside of kiwifruit with acquisition

 [9 April/ NZ Herald] The fruit grower, coolstore and packhouse operator, Seeka Kiwifruit Industries has agreed to purchase the New Zealand fruit ripening and delivery services business, Glassfields. Seeka CEO, Michael Franks said that the company will pay $3.75 and $6.25 million, based on 2015 expected EBITDA. Seeka will pay for the acquisition through existing...