Business Central October 2023

8 | Ngati Porou Group REGIONAL DEVELOPMENT T Tfrom page 6 Currently under construction, and targeting December 2023 for completion is Nāti Growth’s extraction facility. businesscentral Each edition priority delivered to your door. . Stay informed; we work with business owners and decision-makers across all economic sectors, pro iling their success. i ; i i i i - ll i , ili i . www.waterfordpress.co.nz/subscriptions . . . i i 03 983 5525 03 983 55 Your Business, Your Industry, Your News. Volume 6 | Issue 2 | April 2021 www.waterfordpress.co.nz ‘Excellence in Energy’ Taranaki’s Todd Energy will have a key role to play as New Zealand moves toward a low emissions economy. Page 8 Waikato farmers Dean & Ang Finnerty have expanded their dairy cow operation into a successful goat milking enterprise as well PAGE 10 Turning challenge into opportunity AUTUMN 2022 www.waterfordpress.co.nz Volume 6 | Issue 3 | July 2021 www.waterfordpress.co.nz Making waves Back on track New Zealand hydrofoil maker Armstrong is generating interest around the world with its high performance products. Work on the ambitious NZCIS facility in Upper Hutt is progressing well after Covid disruptions. PAGE 70 PAGE 10 Healthy delivery A new elective surgery facility in Hastings will provide a big boost to the region’s operating capacity. PAGE 52 Volume 6 | Issue 5 | December 2021 www.waterfordpress.co.nz Cheers Boys! YoungWellington irm3Māori Boys is creating a buzz with it’s ground-breakingWai Manuka natural beverage. PAGE 45 Passion and pride New Plymouth’s Energyworks has forged a strong reputation in 50 years of business. PAGE 64 Seaview upgrade CentrePort’s SeaviewWharf facility is set for a major upgrade to bring it up to international standards. PAGE 14 More jobs created bottling facilities in Gisborne or Bay of Plenty, the honey is put into drums and either sold in bulk or bottled and freighted on to the end destination, as required. We have domestic sales, and currently some also goes into Japan.” Henare acknowledges that operating a business on the East Coast is tough enough at the best of times given its remote location, but when you factor in the impact of very intensive and extreme weather events that have been experienced in the region over the last twelve months, it takes on a whole new level of commercial challenge. “Honey extraction is a key target for us because the bulk of our hives are two hours north of Gisborne where the extraction process is currently done. Getting the honey from site to a facility for extraction and into the drum is quite time sensitive and if the external entities don’t have the capacity to take our honey we would be left in the lurch. So the next logical step and evolution in terms of vertical integration is the establishment of our own extraction facility, to get more control over that key part of the supply chain. Once the honey is in the drum and refrigerating you have the time to deal with the rest.” Currently under construction, and targeting December 2023 for completion, Nāti Growth’s state of the art extraction facility will be located in Te Araroa, right in Ngati Porou land on the East Cape, close to its hives, and will take the iwi a step closer to vertical integration and supply chain stability. “So, it is not only about improving business outcomes and sustainability,” says Henare. “It has the added bonus of creating more jobs and economic activity within the region. Initially, the facility will create five to seven new jobs and as we bed that in, we will look at the potential to expand production and volume via increased hive numbers, which will increase both apiary and extraction jobs. Honey is one of the few industries on the East Coast, when you go north of Gisborne. “Following the cyclones, there has been a severe impact on forestry, so we need to ensure there are other sustainable options for people to continue to have jobs. The manuka honey industry has faced some challenges over the last few years, but that is beginning to stabilise and we see it as one of our key business lines to grow from.” Proudly Supporting Ngati Porou Group 06 867 7771 admin@electrinet.nz Your local specialists in • Power • Domestic and Commercial Electrical • Plumbing • Gas • Aircon • Refrigeration • Drainlaying • Fire Protection • Data and Comms GISBORNE MOTORS 75 Grey Street 027 867 4786 AUCKLAND Level 33, Vero Centre, 48 Shortland Street PO Box 105-384 Auckland 1010 CHRISTCHURCH Level 4, 70 Gloucester Street PO Box 13-804, Christchurch 8011 CORPORATE FINANCE I INVESTMENT BANKING I I DIRECT INVESTMENTS I I www.northington.co.nz

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