DAIRY CO. MERGER
Big Savings Expected (N.Z. Press Association) AUCKLAND, Dec. 17. The shareholders of the Hinuera and Sunny Park cooperative dairy companies have authorised their directors to make arrangements tor a merger of the two companies. Under the terms of the merger, which was recommended by the directors, all
manufacturing activities will be centred on the Sunny Park factory at Te Pot. It is expected that by concentrating on one manufacturing unit big savings will be made in capital and operating costs. The combined company will be known as the Sunny Park-Hinuera Co-operative Dairy Company, Ltd. Plans are being made to provide for an output of 4000 tons of butter and corresponding quantities of by-products.
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Bibliographic details
Press, Volume CI, Issue 30008, 18 December 1962, Page 16
Word Count
116DAIRY CO. MERGER Press, Volume CI, Issue 30008, 18 December 1962, Page 16
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