More jobs are coming to Hawke's Bay thanks to Silver Fern Farms contracting Lowe Corporation to processes the majority of its North Island hides.
Silver Fern is also selling its Leathers hide processing plant in Ahuriri to Lowe Corporation, in a major shakeup of the industry.
Lowe will market all Silver Fern Farms' hides, pelts and wool on behalf of Silver Fern Farms. Rendered products will continue to be marketed through the joint venture company Farm Brands.
Silver Fern Farms chief executive Keith Cooper said it was a "smart strategic partnership" that avoided duplication.
"At a company level, this agreement will see us optimise returns, reduce costs and lift our focus on our core business," he said.