Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »Scott Technology says high kiwi, slowing mining sector squeezing margins
Scott Technology, the industrial automation firm, says a global mining slowdown and a high New Zealand dollar are squeezing its margins in the short term. The strong kiwi dollar has been an ongoing battle for the company that gets 37 percent of sales in North America and just 13 percent in its home market. Dunedin-based Scott cited the currency’s strength …
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