» Happy Birthday Fonterra

HAPPY BIRTHDAY FONTERRA

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Excellent article in the Sunday Star Times on the eve of the 10th anniversary of the establishment of Fonterra.

Stand out statistics include:

  • Fonterra is the world's leading exporter of dairy products and New Zealand's largest company and has paid its suppliers $65bn in cash payouts since its inception
  • Dairy volume expansion of the past decade has been worth an additional $650 of income per person in Southland and $590 per person in Canterbury
  • NZ households are cumulatively $6.5billion better off than if dairy activity had stagnated at 1999 levels.

Read the article here or better still head along to the Fonterra Shout and help the Cooperative celebrate its success, at various locations around the country on Labour Day!