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Latest fromManufacturing

Methven profits fall 15pc, shares rise
Bathroom products company Methven has reported a 15.4 per cent fall in half year net profit to $4.2 million, but the result is better than forecast.

Trade deficit $487m as exports, imports plunge
The value of imports fell more quickly than the value of exports last month, but not enough to prevent a $487 million trade deficit.

F & P Appliances profits hit by writedowns, weak sales
Fisher & Paykel Appliances has reported a first half net loss of $82.4 million, affected by write downs and weak sales.

Bridgestone to shut NZ plant, 275 jobs to go
Bridgestone's Japanese owners blame tougher global competition for the closure. They are also shutting a plant in Adelaide.

Navico plant faces shutdown
Manufacturing staff at Norwegian-owned Navico in New Zealand are facing a grim future.