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Dulux, Resene, Valspar win Christchurch paint contract worth up to $90M
By Hannah Lynch Sept. 12 (BusinessDesk) - Dulux Group, Resene Paints and Valspar Corp have won a $90 million government contract to supply 8 million liters of paint for use in rebuilding houses in Christchurch. The paint companies will jointly supply the paint in one of the bi...

Australia's Pie Face to open in NZ in April
By Hannah Lynch Sept 12 (BusinessDesk) - Pie Face, the Sydney-based fast food bakery chain, has signed a memorandum of understanding with South Island Subway owners, Jared Palmer and Julian Field to roll out at least 62 stores in New Zealand over the 10 years. The gourmet savo...

Wool Equities doubles annual loss as scouring cut backs hit returns
Sept. 12 (BusinessDesk) - Wool Equities, which develops and markets wool for its grower shareholders, doubled its annual loss amid cut backs in the scouring sector. The Christchurch-based company posted a loss of $1.7 million, or 0.05 cents per share, in the year ended June 30...