NEW ZEALAND > UK based Hilton Foods Group announces a new meat processing facility in Auckland, New Zealand investing NZ $ 54 million( $37.12 million)

Hilton Food logo Investing NZ $54 million ($37.12 million), Hilton Food Group plc., leading specialist international meat packing company is establishing a new facility, expanding an existing site in New Zealand. Progressive Enterprises Ltd, a subsidiary of Woolworths Ltd, is New Zealand’s leading retailer and the buyer of Hilton Food Group plc. Hilton Foods New Zealand, Hilton’s new formed subsidiary is the main More …

NEW ZEALAND > China’s Huawei Technologies to invest $400m in New Zealand

Huawei.svg China based telecommunications group Huawei Technologies is set to invest $400 million in New Zealand to help drive local R&D and support the construction of a cloud data center over the next five years. Around $250MM (of the total $400 MM) is expected to be used for equipping local companies/partners by bringing them in Huwai’s supply chain and procurement network. More …