Recent Posts

CERA to be rolled into DPMC ahead of slow wind-down for Canterbury rebuild

The government will fold the Canterbury Earthquake Recovery Authority into the Department of Prime Minister and Cabinet early next year as it begins a long-term withdrawal from its hands-on involvement in the Christchurch rebuild. In a speech to the Canterbury Chamber of Commerce, Prime Minister John Key announced the plan, in anticipation of CERA’s legislated April 2016 expiration date. The move …

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Huhtamaki buys carton manufacturer Interpac Packaging for 7 mln euros

Huhtamaki Oyj, the Finnish packaging manufacturer, bought Auckland-based folding carton maker Interpac Packaging for 7 million euros to expand its product range. Interpac manufactures folded carton packaging for consumer goods and retail products, and the foodservice industry, and manufacturers corrugated packaging for the local wine industry with annual sales of some 11 million euros, the Espoo, Finland-based company said in a …

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