| | | | | | | | MESSAGE FROM THE EXECUTIVE DIRECTOR | Kia ora! The year is moving quickly and activity is picking up in our sector!
The PMI results for February shows improvement, rising 1.8 points from 47.5 in January to 49.3 – the highest reading in a year. Despite the positive signs, the sector remains in a “contracting” state (a PMI reading below 50.0 indicates that the manufacturing sector is generally declining). The sluggish result stems from slow new orders and lower production levels, while improvements to delivery times and easing pressure on staffing levels are helping the sector. We’re helping to promote a couple of events from our friends at the BusinessNZ Energy Council that will be relevant to manufacturers. One of the events is focusing on Germany’s journey towards their net-zero targets and what New Zealand industries can learn from them, while the other will discuss the potential for an off-shore wind energy sector – see more below.
Josh | Ngā Mihi,
Joshua Tan,
jtan@businessnz.org.nz
| | Joshua Tan, Executive Director ExportNZ & ManufacturingNZ | | | | | | | | | |
Activity in New Zealand’s manufacturing sector continued to show improvement in February, but still remained in contraction, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
The seasonally adjusted PMI for February was 49.3 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). This was up from 47.5 in January and the highest level of activity since February 2023. However, the sector has now been in contraction for 12 consecutive months.
| | | | | | Take a look at Business Leader's Health and Safety Forum's world-leading resources and case studies to support leaders and organisations make sense of their role in supporting mentally healthy work.
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Digital Manufacturing Challenge
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The Digital Manufacturing Challenge is a free, in-person event, facilitated by our expert manufacturing consultants. Over three hours this semi-competitive event demonstrates the impact of industry 4.0 solutions first-hand by applying them to our digital factory. Attendees will experience the beginner, intermediate and advanced-level technology solutions that help manufacturers tackle specific pain points across the value chain.
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Unlocking Space in Christchurch: Opportunities for Manufacturers in the Growing Space Industry
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The Future of Space Manufacturing
Join us for an exciting event featuring:
When: 9 April, 5.30pm
Where: Business Canterbury 57 Kilmore Street, Christchurch Central City
Opening by John Hamilton, Business Advisor at Business Canterbury
- Hosted by Space Trailblazer CEO Jess Covich and Global Activation Executive Gill Dal Din
- Expertise shared by Spacebase CEO Emeline Paat-Dahlstrom and CTO Eric Dahlstrom
- Foreign Trade insights from the Ministry of Foreign Affairs and Trade
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Get involved to help improve HS&W outcomes in Manufacturing
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We are calling for Expressions of Interest to be involved in the development of a new Health, Safety and Wellness Action Plan, led by the EMA and funded by ACC, for manufacturing in Aotearoa New Zealand. To participate in the opportunity to design and deliver a HSW programme as part of the ACC Injury Reduction Strategy.
We are looking for:
1. Manufacturers from all sub-sectors of manufacturing, all sizes
2. Passionate HS&W practitioners who understand the manufacturing sector
3. Workforce representation
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Breakfast with the German Delegation: Germany’s Road to Net Zero
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Date: April 10, 7:30am Venue: BusinessNZ, Wellington
Topic: Join us for an insightful morning as we delve into Germany’s remarkable journey toward achieving net-zero emissions. Our distinguished speaker, Mr. Dominik Schnichels, will discuss how Germany’s energy transition, known as “the Energiewende,” plays a pivotal role in reaching this milestone. Expect engaging discussions, fresh insights, and some delightful Brezels and coffee. Register HERE.
Manufacturers can register for FREE as a BEC member. | | | | | |
Debate on Offshore Wind Energy Impact Study
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Date: April 11, 3:00pm Venue: PwC, Wellington
Topic: The Business Energy Council (BEC) and PwC invite you to explore the impact of offshore wind energy in New Zealand. PwC recently launched an assessment of the economic, social, and environmental implications of establishing a national offshore wind energy industry in Aotearoa. At this event, we will share key findings from the study before diving into a panel discussion with esteemed experts: - Anne Probert, Director Strategic and Sector Partnerships - Venture Taranaki Trust
- Nathan Jones, General Counsel, Regulatory Affairs - NZ Steel
- Nathan Turner, Country Manager New Zealand - BlueFloat Energy
- Raewyn Moss, Executive General Manager, Customer and External Affairs - Transpower
- Ross Dingle, GM Commercial - Port Taranaki Limited
Manufacturers can register for FREE as a BEC member.
| | | | | | Don’t forget to check out our contract manufacturers directory if you are looking for contract manufacturing support or you are wanting to advertise your services.
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