Goodman Fielder in mill consolidation

by Emily Wilson
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In an effort to reduce excess capacity and cut costs, Goodman Fielder Ltd., on June 15 announced it would close two of its four wheat flour mills in New Zealand as well as an oat mill. Goodman Fielder, Australasia's largest food company, said it expects to complete a review of its Australian flour milling operations in the next few months.

In New Zealand, Goodman Fielder will consolidate North Island wheat flour milling at Mount Maunganui, closing mills at Auckland and Palmerston North. Its Christchurch mill will continue to handle South Island wheat milling requirements. An oat mill at Gore in the South Island also will be closed, with production transferred to Wahgunyah in Victoria, Australia.

"More efficient milling operations mean improved competitiveness against imports and in export markets, sustainable long-term operations, lower cost pressure on consumer prices and a solid foundation to develop specialized research and development projects," said Doug McKay, group managing director for Australia and New Zealand.

The company also acquired the rice milling operations of Water Wheel Mills at Bridgewater, Australia.