First NZ-made aluminium cans set to roll off Recorp's line

First NZ-made aluminium cans set to roll off Recorp's line
Recorp Aluminium founder Rob Fyfe (left) and its new CEO Bruce Parton. (Image: Recorp Aluminium)
Greg Hurrell
Recorp Aluminium’s $100 million-plus cannery in South Auckland is on track to be up and running in a couple of months.Its founder and chair, former Air New Zealand chief executive Rob Fyfe, said the new company should break even in its second year of operation.Since leaving Air NZ in 2012, Fyfe has been busy. In addition to sitting on several company boards, including Air Canada and Michael Hill International, he has been investing in early-stage companies.Of all the start-ups Fyfe could have done himself, an aluminium cannery doesn&rsquo...

More Technology

Scott Tech lands two new deals worth $19m
Markets

Scott Tech lands two new deals worth $19m

Scott has a new deal with existing customer Danone and has nabbed a new UK customer.

Tech industry wants to lock up nuclear power for AI
Technology

Tech industry wants to lock up nuclear power for AI

The largest tech companies are looking to buy nuclear power directly from plants.

Being AI sues investment bank for defamation
Markets

Being AI sues investment bank for defamation

Chair Sean Joyce says the bank has doubled down on highly defamatory allegations.

Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024