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1 Mar 2026 15:22
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      Home > News > Business

    Multi million dollar loans are being offered to two Southland food producers to help them expand

    Multi million dollar loans are being offered to two Southland food producers to help them expand


    5.3 million dollars will go to Alliance Group Limited's conversion of its Lorneville venison processing plant to include beef processing.

    It will create 20 new jobs and extend the season by 10 to to 12 weeks.

    Drysdale Hydroponics will receive a loan of up to 2.5 million dollars to diversify.

    The expansion to include tomatoes, capsicums, strawberries and micro-greens will create 30 new jobs

    © 2026 Newstalk ZB, NZCity

     Other Business News
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     27 Feb: Queenstown's Millbrook Resort's had a record year for property sales, hotel stays, and golf rounds
     27 Feb: Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence
     Top Stories

    RUGBY RUGBY
    The Hurricanes have confirmed Brett Cameron has been ruled out for the rest of Super Rugby More...

    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...


     Today's News

    		 International:
    US President Donald Trump says 'evil' Iranian leader is dead after US-Israeli air strikes 15:07

     Golf:
    Daniel Hillier's lead is holding during the final round of the New Zealand golf Open at Millbrook Resort 15:07

     International:
    Israel and US attack Iran, sparking retaliatory strikes. Here's what we know 14:57

     Auckland:
    A search is underway for a man swept off the rocks at Union Bay, in Auckland's West Coast, today 14:57

     Motorsports:
    Shane van Gisbergen has dominated the closing stages of NASCAR's second division series race at the Circuit of the Americas 14:27

     Accident and Emergency:
    A man's body has been found in the search for a missing kayaker near Waiwera, north of Auckland 14:17

     National:
    Ayatollah Ali Khamenei has ruled Iran with defiance and brutality for 36 years. For many Iranians, he will not be revered 14:17

     National:
    Iran will respond to US-Israeli strikes as existential threats to the regime – because they are 14:07

     Rugby League:
    The North Queensland Cowboys and Newcastle Knights will give NRL fans the first glimpse of the new interchange rules as they kick off the season in Las Vegas on Sunday afternoon 13:57

     Law and Order:
    Police are seeking more information about a serious assault in Matangi, in the Waikato 13:47

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