Biggest investment celebrated
A Tokoroa based company’s latest expansion project is music to the Government’s ears.
Blue Pacific Minerals celebrated it’s official opening of its $11 million investment on Friday.
Minister of Resources and Energy, Simon Bridges, said the mineral extraction and processing company was the latest exciting export story.
‘‘That’s just music to the Government’s ears because we have quite an ambitious goal of having our exports as 40 per cent of our GDP by 2025.
‘‘You are doing that here, taking your product throughout the Pacific Rim and further a field.’’
The construction of a 4500 square metre building houses a new state of the art zeolite processing plant.
This includes the upgrade of quarry equipment, storage facilities and expansion of other buildings.
Driven by market demand for more dried mineral ore the multi million dollar project allows growth into new markets in Australia and Asia.
Managing director Dave Hill said several new contacts in Australia were recently ‘‘sewn up’’.
‘‘Today marks the next stage in our plans to become the number one zeolite and perlite producers in the southern hemisphere.
‘‘This facility allows us to service large international markets.
‘‘I guess being the grandchildren of convicts sometimes these guys really come through
‘‘This facility allows us to service large international markets.’’ Dave Hill
Over 1200 shipping containers are expected to leave the Tokoroa site this year.
A further 2000 is forecast next year.
A strong supporter of local growth, South Waikato Mayor Neil Sinclair told Simon Bridges ‘‘look what little people can do’’.
‘‘We need the support of sub regional economic policies because we fit in underneath the radar of regional. Give us a hand.
‘‘Did you know minister that all the roads of national significance start here in the South Waikato?’’
He said shareholders, Paul Tidmarsh, Dave Hill and general manager Grant Funnell, were typical examples of business leaders in the district.
‘‘We have great community business people just like them. They fit into our business community.
‘‘Council and Blue Pacific share the same dream as being sustainable as a business in the community.
‘‘It is good news for the continued economic growth of Tokoroa and South Waikato.’’
National MP’S Hon Simon Bridges,louise Upston and mayor Neil Sinclair celebrate economic growth in the South Waikato.