#TGD: Co-op backs away from new HQ

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Fonterra has thrown cold water on reports that it plans to build a $100 million state-of-the-art building in Auckland.Co-op chief executive Theo Spierings has told its annual meeting in Hamilton today that it will «invest money in the business not buildings».

Answering a question from shareholder Lindsay Blake, Spierings says the co-op is keen to house its Auckland staff in one building. Currently Auckland staff is housed in three locations.
«We’re looking for a Fonterra united, housing all employees in one building. This will be cost effective as well.»
But he ruled out a $100m new head office reported in the media.
«We are not investing $1 on a new building,» he says.
Blake told the meeting a flash office would do nothing to boost the co-op’s turnover.
Source:  Rural News

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Así lo expresó Domingo Possetto, secretario de la seccional Rafaela, quien además, afirmó que a los productores «habitualmente los ignoran los gobiernos». Además, reconoció la labor de los empresarios de las firmas locales y aseguró que están «esperanzados» con la negociación entre SanCor y Adecoagro.

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