Bay of Plenty kiwifruit post harvest service provider, EastPack, intends to invest another $8.5 million on sophisticated new plant and automated equipment in 2010 to support higher volumes, continue to lift the quality of out-turns and deliver greater efficiencies.
The grower-owned company, which operates three sites in Te Puke, Edgecumbe and Opotiki, is set to report increased revenues, earnings and profitability to shareholders as well as higher fruit rebate payments and better than industry average orchard gate returns to its kiwifruit suppliers for the year ended December 31 2009.
“Our pre-audited results indicate that our performance is continuing to improve with lifts in earnings and profitability and gains in operational efficiencies from upgrading …
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Tags: EastPack, expansion, kiwifruit, kiwifruit exporter, kiwifruit industry, new zealand, upgrading
