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South Australian company, Spring Gully Foods, has ceased trading and appointed an administrator, citing the loss of key contracts, rising costs, and competition from cheaper imports as reasons behind its closure.
Fonterra Co-op says its $66 million (NZ$75m) investment to expand the Clandeboye site in South Canterbury, New Zealand, is part of the co-op’s plan to invest $883 million (NZ$1b) over the next three to four years.
Award winning distillery, Sullivans Cove, has unveiled its 25 Year Old Single Malt whisky, Australia’s oldest single malt ever bottled. According to the distillery, it is also possibly the oldest to have been produced by a continuously operating and dedicated new world whisky distillery.
