NEW FACTORY OPENED
Venture By Smith And Nephew, Ltd. “The Press" Special Service AUCKLAND, Feb. 12. Smith and Nephew, Ltd., whose plans for a New Zealand cotton industry were rejected by the Government last year, today opened a medical supplies factory in Auckland. The factory will process and package first-aid and surgical dressings, plaster-of-paris orthopaedic bandages, pharmaceutical products, and cpsmetics. Most of these products were formerly imported by the company fully processed. Local processing will save at least £30,000 in overseas funds in the factory’s first year of operation. Mr P. G. Mullins, sales director of Smith and Nephew (N.Z.), Ltd., said: “The termination of the cotton mill agreement did not in any way affect our British parent company’s determination to expand operations in New Zealand. “Naturally, the scale of expansion had to be drastically reduced, but we still intend to make as big a contribution as we can to New Zealand’s manufacturing growth and to the lessening of her dependence on imported products,” Mr Mullins said.
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Bibliographic details
Press, Volume CII, Issue 30055, 13 February 1963, Page 15
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167NEW FACTORY OPENED Press, Volume CII, Issue 30055, 13 February 1963, Page 15
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