Milk: Pure and Simple - Fonterra
Milk: Pure and Simple - Fonterra
Milk: Pure and Simple - Fonterra
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A New Zeal<strong>and</strong>success story.<strong>Fonterra</strong> isthe backboneof the NewZeal<strong>and</strong>economy.We accountfor morethan onequarterofNew Zeal<strong>and</strong>’sexports.This is exactly what the dairy industry set outto achieve by creating <strong>Fonterra</strong> 10 years ago.We have earned our place as the world’s largestprocessor <strong>and</strong> exporter of dairy products.<strong>Fonterra</strong> is big, but it is big for a reason.Our scale allows us to invest behindpartnerships with the biggest food companiesin the world <strong>and</strong> build valuable br<strong>and</strong>s whichbring returns back to New Zeal<strong>and</strong>.All New Zeal<strong>and</strong>ers benefit from a strong<strong>Fonterra</strong>. A $1 increase in our annual payoutto farmers means $270 flows through toevery New Zeal<strong>and</strong>er’s pocket. For everydollar a farmer earns, half goes back intothe local economy. (Source: NZIER 2010)