Mondelez/Cadbury is pulling out of Dunedin
In spite of investing $80 million in its Dunedin Cadbury factory over the last 10 years, Mondelez International has announced it plans to close the factory and transfer most of its production to Australia. It is anticipated that 250 jobs will be lost this year with a further 100 going in 2018.
The Dunedin factory is located in the heart of the town and its Cadbury World is one of the region’s largest tourist attractions, attracting around 110,000 visitors each year. Mondelez claims it wants to work with the local community to support Dunedin’s growing sector through an investment in the Cadbury World redevelopment and will look to partner with a private operator to continue to run Cadbury World into the future.
Mondelez may contract other NZ confectionery manufacturers to make Pineapple Lumps, Jaffas and several other particularly NZ-centric products.
Australian meat pie maker secures finance for its growth plans
The National Reconstruction Fund Corporation is making a $36 million debt investment in Patties...
ARBS Awards open for nominations, with extra categories
Nominations are now open for the ARBS Awards 2026, recognising innovation and achievement in...
Prime Cut Meats joins the Andrews Meat family
AMI has acquired meat wholesaler Prime Cut Meats to expand its product and distribution...
