Infrastructure
Scott says forward orders strong, Europe variable
By Gavin Evans July 9 (BusinessDesk) - Industrial automation specialist Scott Technology says its forward order book remains strong despite restrained investment in Europe due to the ongoing uncertainty around Brexit. The firm, which now has more staff in Europe than in New...
Car importers welcome feebate scheme, wary on emission target
By Gavin Evans July 9 (BusinessDesk) - New car importers have welcomed government measures to reduce emissions from the transport fleet, but warn one of the initiatives - a proposed clean car standard - may not be as effective as hoped. Motor Industry Association chief exec...
UPDATE: Mercury faces $2 mln charge after losing tax dispute
(Updates to show Mercury's extra tax charge in 1st, 4th & 5th paragraphs; corrects headline; updates share price in last paragraph.) By Victoria Young July 8 (BusinessDesk) - Inland Revenue has won a tax case against Mercury NZ over the tax classification of two of its turb...
T&G Global inks biogas plant deal with Provincial Growth Fund
By Victoria Young July 8 (BusinessDesk) - T&G Global is part of a biogas plant project in the Bay of Plenty which will receive $7 million from the Provincial Growth Fund. New Zealand's biggest fresh produce grower will buy energy from Eco Gas Limited Partnerships, and allo...
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