Another sawmill shutters operations over energy costs

Another sawmill shutters operations over energy costs
The Donelley Sawmillers site is in Reporoa. (Image: Donelley Sawmillers)
Oliver Lewis
A family-owned sawmill in the central North Island has stopped operating for two weeks because of high energy costs.According to data from the Electricity Authority (EA), wholesale electricity prices were trading above $800/megawatt-hour (MWh) last week, up from about $150/MWh a year ago.The NZ Manufacturing Alliance has called the situation, caused by low hydro lake levels and a gas shortage, an energy crisis for manufacturers. The wood and pulp processing industry has been hit particularly hard.Winstone Pulp International and Pan Pac have ann...

More Primary Sector

Co-ops last five times longer than limited liability companies - report
Primary Sector

Co-ops last five times longer than limited liability companies - report

Top 30 co-ops and mutuals made $51.9b revenue in 2024, 12.5% of GDP.

Riley Kennedy 19 Sep 2025
Without Dawn Meats, Alliance faces 'real’ threat of collapse
Primary Sector

Without Dawn Meats, Alliance faces 'real’ threat of collapse

The fate of the deal will come down to a shareholder vote next month.

Riley Kennedy 19 Sep 2025
MyFarm KiwiFruit Fund launches $35 million capital raise
Primary Sector

MyFarm KiwiFruit Fund launches $35 million capital raise

The MyFarm KiwiFruit Fund has launched a $35 million capital raise for wholesale and institutional investors, and those offshore that qualify for the Active Investor Plus visa.Units are being offered at $1.02, a 5% discount to the fund’s net asset value.The offer, which will clos...

Rebecca Howard 18 Sep 2025