Aussies grow presence

ABB Grain has increased its presence in New Zealand with the purchase of the ruminant business of stock feed manufacturer PCL Feeds.

The Adelaide-based purchaser would be investing heavily in new sales and marketing strategies, ABB Grain (NZ) general manager Terry O'Connor said yesterday.

The deal for PCL Feeds, a division of Mainland Poultry, came as construction was nearly finished on ABB Grain's purpose-built grain and protein store in New Plymouth, O'Connor said.

Planning was also advanced on a further storage facility at Mount Maunganui and a new feed mill in South Auckland.