New Company Buys Chathams Factory
f \eio Zealand Press Association* WHANGAREI, August 10. A new Northland company—Chatham Islands Fisheries. Ltd.—has bought the Chatham Islands Fishermen’s Co-operative’s processing and storage factory.
The new company is a partnership between Messrs H 1 Yovich. managing director of, Htkurangi Fisheries, Ltd., and W. Hopkins, a Russell fisherman. The plant cost £23.500 and £lO.OOO will be spent immedi-'
•lately to improve production [ ! The company, beginning on J ' i August 17. will take fish and[ I crayfish tails from all combers. At present storage is 100 I'tons and this will be increas■Jed. 'I Until recently the Chatjhams produced only blue cod and supported a local indus- ! try which was restricted in production by slow process- [ ling. About a month ago cray- ! fish in big quantities were dis-I 'covered by the Marine DeI partment. , About 30 new licences fot fishing boats to work the! island waters have been issued and this increased fleet will need more storage and a fast-! er freezing plant on the island. I The company hopes to] , double production a fortnight after taking over.
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Bibliographic details
Press, Volume CVI, Issue 31135, 11 August 1966, Page 1
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181New Company Buys Chathams Factory Press, Volume CVI, Issue 31135, 11 August 1966, Page 1
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