Hamilton Airport outperforms 2012 financial expectations

Hamilton Airport has outperformed its 2012 financial and operational expectations, announcing a 240 percent increase on last year’s net profit after tax, a 25 percent increase in EBITDA and debt reduction of $400,000 during the year. Board chair John Birch said the airport had achieved a solid result for 2011/2012 because of good planning and […]

HomeFocus and tenacity key to business success in Korea

  New Zealand businesses need to lift their game if they want to succeed in Korea according to New Zealand Trade and Enterprise research into the perceptions of New Zealand in South Korea. “There is a pool of goodwill and trust for New Zealand in Korea,” says NZTE’s Trade Commissioner based in Seoul, Graeme Solloway. […]

Vantage eddy current flaw detector introduced

    The Vantage eddy current flaw detector is a hand-held, fully featured eddy current flaw detector for use in the NDT, Aerospace, Off-shore, Petrochemical, Power and Rail/axle inspection industries. Rapid defect detection is made easy by the clear colour display (320 x 240 pixels) and a simple side-bar menu allowing direct access to key […]

Improve in-line quality control

  The IML Watcher Inspection machine is a quality control system for In-Mould Labelling of injection moulded and blow moulded products, particularly for decorated parts such as bottles, cups, lids and pails. The system can be integrated seamlessly into the automation robot of most injection moulding machines, therefore supporting the fastest cycle times and is […]

Chart the journey to the unknown

Industrial Borescopes improve visual inspection in hard-to-reach or darkened work areas. From the entry-level pc-connect PST-1161 to more advanced models such as the new PST-2486 with 270¡ articulating-viewing head, there is a borescope to suit all applications and budgets. From applications such as viewing the inside of a rifle barrel to capturing video footage of […]

Business calls on Reserve Bank to cut OCR to give exporters a break

After today’s CPI figure we expect the Reserve Bank to cut the Official Cash Rate on October 25th in an effort to lower the exchange rate, the Employers and Manufacturers Association says. “The CPI figure indicates inflation has moved below the agreed target of 1-3 per cent required of the Reserve Bank leaving ample room […]

Stuck in a rut

Despite a slight improvement from the previous month, New Zealand’s manufacturing sector remained stubbornly in contraction during September, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for September was 48.2 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). […]

Lower wages…say what?

Working has to be a lot better than being on the dole. Right? Motivation, future direction and ‘career’ all come into the picture for our young people’s tomorrow. And while working they are entitled to be paid a reasonable wage for their efforts. However, the announcement this morning by Kate Wilkinson, Labour Minister that 16-19 […]

Building Wellington’s own Silicon Valley

  Kate McGrath Picture courtesy Victoria University Image Services.   Victoria University is helping launch the next generation of entrepreneurs and innovators through a new programme which will bring graduate students together to create advanced technology start-up companies. The introduction of a one-year Master of Advanced Technology Enterprise, commencing in January 2013, will see students […]

Austech 2013 invites precision engineering firms

Austech 2013, Australia’s precision manufacturing and machine tool exhibition, is inviting small to medium manufacturing businesses to take part in its new and extended Manufacturers Pavilion. The Pavilion highlights the capabilities of Australia’s precision engineering and advanced manufacturing industry. It provides Australian component manufacturers, precision engineering firms, toolmakers, advanced manufacturers and general engineering companies the […]