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Wool-dyeing process tipped a 'fantastic' revenue earner
A New Zealand-developed process for dying wool hailed as a world first in the textile industry has been snapped up by a US active wear manufacturer.
Prospects 'limited' after job losses
Workers who will lose their jobs when the Summit Wool Spinners' Oamaru plant closes could struggle to find work and may have to move, the Otago Chamber of Commerce says.
192 jobs lost as Oamaru plant closes
Summit Wool Spinners' Oamaru plant - the second biggest employer in the town - is to close with the loss of 192 jobs
High NZ dollar biggest risk to farm, forest exports
The risk of the kiwi dollar remaining high is the biggest risk to Government forecasts for growth in the nation's farm, forestry and seafood exports, a new Government report says.
Commodity prices slump to 21-month low
The ANZ Commodity Price Index fell 4.2 per cent to a 21 month low in May.
Lower prices for NZ producers in first quarter
A fall in global commodity prices and the strong kiwi dollar meant New Zealand producers were squeezed in the first quarter.
Dairy keeps title as 2011 commodity king
The dairy industry has been a star performer for decades, but the time has come for others in the New Zealand family of commodities to share the limelight...
Carpetmaker says court decision may push it offshore
A High Court decision backing the Commerce Commission may mean a move to do more manufacturing overseas, says carpet maker Godfrey Hirst.