Two entities behind Christchurch-based Kiwi Kitchens brand were placed into the hands of receivers earlier this month.
Years of losses and high energy prices cited as closure comes ‘out of the blue’ for 75 staff.
The bottling business has axed roles across two sites this year.
Short gas supplies forced the methanol producer to idle one of its two plants last quarter.
Move follows ‘strong investor feedback’ that the AI company should get a wriggle on.
Some existing shareholders have sold down or out allowing more new investors in the door.
About half of the firm’s fleet of 21 ferries and 34 buses are contracted into the Auckland Regional Transport Authority.
New industry report says cruising could generate a billion dollars by 2040 – but cooperation between players and with government is necessary first.
SFJ Holdings plans to expand local smallgoods maker Verkerks' meat processing facility by constructing a new beef processing chain.
Insolvency specialists say early intervention is playing a bigger role with the number of struggling companies.