The growth rates of several finalists in the Air New Zealand Cargo Export Awards Auckland 2011 have defied the doom and gloom. NZ Steel, finalist in the Westpac Exporter of the Year category with sales over $35 million, is the smallest integrated steel mill in the world and the only one producing steel solely from iron sand and sub bituminous coal. During the GFC it doubled export volumes and found new markets – no mean feat for company of its size, complexity, and distance from export markets.
Others which have kept on powering on include Temperzone (9% compounding growth each year for the past 15 years), Canary, EasiYo (which exports one million sachets of dried yoghurt month), and Rakon. Rakon’s growth record in the past 12 months has been unprecedented in its 44-year history for revenue, shipment volume and market share. This is reflected in revenue growth of 31 percent to $189.3 million in its latest financial year, with growth across all segments of its business
The awards are organised by ExportNZ Auckland, part of the Employers and Manufacturers Association (EMA). The winners will be announced at gala dinner at the Langham Hotel in Auckland on Friday, June 17. For full list of the finalists visit: http://www.ema.co.nz/
