The automation and robotics company also announced it had signed a global partnership with French supply chain logistics company Savoye.
The announcement was made to shareholders at its annual meeting in Dunedin on Thursday.
Shareholders were given a chance to ask questions at the end of presentations from the chairman Stuart McLauchlan and chief executive John Kippenberger.
One shareholder watching the meeting online asked what Scott’s board’s was doing about diversity, given the board itself was all male.
Mr McLauchlan said Scott had a policy of the "best person for the position".
"... and you’ll see a number of our senior execs are female and we’ve got a very diverse workforce across the world.
"In terms of the board, when there’s a position that becomes vacant we actually go to the Institute of Directors and other providers of those services to find a range of people that will suit our spec of skill sets that we’re looking for.
"We’re striving for diversity and we’re well on the way to that."
During the presentation Mr Kippenberger mentioned some manufacturing had moved from Germany to China and New Zealand, leading to one shareholder wanting to know if there was a risk of having intellectual property in China considering its global tensions with Australia may spread to New Zealand.
Mr Kippenberger responded saying the intellectual property was still controlled "very securely" by Scott and only manufacturing had moved to China.
Mr McLauchlan pointed out Scott had been successful setting up in China where other New Zealand companies had tried and failed.
Another shareholder asked if a Joe Biden presidency took anti-trust action against "big ag" including meat processing, whether it would affect Scott’s US profitability.
Mr Kippenberger said meat companies in the US had underinvested in automation and that was where Scott could grow in that country.
He said Scott’s dialogue with the US meat sector suggested a long and large pathway for growth there.
Scott said its relationship agreement with Savoye meant it would be able to expand its material handling and logistics to include carton storage-and-retrieval technology.
"We are excited about taking this existing carton handling and palletising technology to meat processors, general frozen food manufacturers in several global markets - most notably the United States - and believe the addition of the Savoye technology serves to strengthen this offer," Mr Kippenberger said.
