Produce grower and exporter T&G Global is expecting to post a pre-tax loss of up to $34 million dollars as a result of damage to its Hawke’s Bay orchards from Cyclone Gabrielle. The company has made the forecast after assessing damage from February’s cyclone. T&G Global chief executive Gareth Edgecombe said significant work continues on the remediation of impacted orchards, especially the removal of silt. While most of the company’s owned and leased orchards were not impacted, four orchards were severely affected, representing about 13% of the company’s planted hectares in the region. A further 22% of the planted hectares in Hawke’s Bay were impacted to a varying extent and were expected to have reduced productive capacity for two-to-three years.
- The New Government’s Backing For Wool In Public Sector Buildings Is A Vote Of Confidence In The Sector, Says Wools Of New Zealand
- Environment Southland Says It Will Continue With Plan Change Tuatahi
- Federated Farmers CEO Is Saying Credit Where Credit Is Due When It Comes To How The New Government Is Focusing On Farmers And Farming – Terry Copeland Joins Mark Leishman On Round Up
- State Highway Two South Of Wairoa Is Down To One Lane As Work Continues To Clear A Slip Where A Person Was Killed And Another Seriously Injured In A Crash On Sunday
- A “New Era” For Energy In New Zealand Is Underway, With The Country’s Largest Solar Installation Now Generating Electricity