Craigmore spends $32M to expand Kerikeri kiwifruit crop by 'more than a third'

Craigmore spends $32M to expand Kerikeri kiwifruit crop by 'more than a third'
Pattrick Smellie
By Pattrick Smellie July 22 (BusinessDesk) - The kiwifruit crop in Northland's Kerikeri area will increase by "more than a third" following Overseas Investment Office permission for agriculture investor Craigmore Sustainables to spend $32 million developing some 137 hectares of horticultural land and offering 29 new jobs. Craigmore raises its investment capital offshore but is run by New Zealanders. It was founded by farmer businesspeople Mark Cox and Forbes Elworthy, the son of Sir Peter Elworthy, one of the leading agricultural lobbyist...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025