Some Otago businesses are saying they are unlikely to survive a ‘‘double whammy’’ of decreased revenues and increased wage demands in the coming months, the Otago Chamber of Commerce warns.
The Dunedin International Airport increased its terminal rentals by almost a third at the halfway stage of the year, as the benefits of its terminal investment project started to generate returns.
Without early stage funding for tech businesses Dunedin would be building ‘‘a beautiful bridge to nowhere,’’ Start-up Dunedin chairwoman Sarah Ramsay says.
The former Fishers Meats factory that provided 100 years of production is to be taken over by a Wellington-based company making plant-based meat on the premises.
Meat production at a 100-year-old Dunedin company has ceased and 13 staff have been made redundant but the owner of The Craft Meat Company says the business will live on.
Dunedin entrepreneur Georgie Northcoat’s idea to turn clothing off-cuts into insulation has been named as a finalist in a major Callaghan Innovation competition.
Dunedin high-tech engineering firm United Machinists has expanded its city footprint, investing an additional $3 million into new factory and engineering capacity.