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Mainzeal liquidator receives $151.3 mln in unsecured creditor claims
By Paul McBeth Sept. 24 (BusinessDesk) - The liquidator for the failed Mainzeal group of companies has received $151.3 million in claims from unsecured creditors, and is working its way through the applications as it looks at ways to claw back funds for those people left out o...
New Zealand companies seek a slice of growing demand for biocides
By Fiona Rotherham Sept. 24 (BusinessDesk) - Some 33 New Zealand companies and four district health boards stand to benefit directly from research underway into a so-called biocide tool box. The biocide research programme this month won the biggest single amount of funding,...
Fletcher to close Australian copper tube manufacturing unit at $19M cost
By Tina Morrison Sept. 24 (BusinessDesk) - Fletcher Building, New Zealand's largest listed company, will close its unprofitable Crane copper tube manufacturing business in Australia amid increased competition. The building company acquired the business when it took over the...
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