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Additives safe, say food makers
The council representing local food manufacturers has defended the use of controversial additives, including some that have proven negative effects in children.
The council representing local food manufacturers has defended the use of controversial additives, including some that have proven negative effects in children.
Full control of Fisher & Paykel Appliances is set to pass to Haier after the Chinese company reached the threshold necessary to trigger compulsory acquisition.
Rakon will cut up to 60 New Zealand jobs as it shifts more manufacturing to China and India in a bid to cut costs and widen profit margins.
New Zealand boat builders are savvy and determined but the strong kiwi dollar is making it difficult for exporters to remain competitive.
Control of F & P Appliances is now likely to pass to China's Haier after it increased its takeover offer to $1.28 a share.
Fisher & Paykel Appliances shares have been halted pending an announcement, prompting speculation about an offer from Chinese company Haier.
Nuplex Industries is seeking to increase its non-executive directors' fee pool by 28 per cent, as it plans to shut plants and lay off factory workers on both sides of the Tasman.
Chinese whiteware giant's takeover bid stalls as shareholders opt to 'wait and see'
The Greens and the Prime Minister have been contradicting each other this week over whether the manufacturing sector is in crisis, writes Audrey Young.