Tatua Dairy Company

The Tatua Co-operative Dairy Company Ltd, trading as Tatua, is an independent co-operative dairy company in the Matamata-Piako District of the Waikato Region, in the North Island of New Zealand. It is located in the rural locality of Tatuanui, approximately 8 kilometres east of Morrinsville. The co-operative is owned by 106 shareholder farms, all located within a 12 kilometre radius of the processing factory.[1]

The Tatua Co-operative Dairy Company Limited
TypeCooperative
IndustryManufacturing, retail
Founded1914 (1914)
Headquarters
Tatuanui, Morrinsville
,
ProductsSpecialised dairy ingredients and dairy foods including, dairy flavour ingredients, specialty nutritional ingredients, bionutrients, consumer and foodservice dairy products.
RevenueNZ$289 million
Members106
Number of employees
370
Websitetatua.com

Independence

The co-operative has maintained a strong independent history within the New Zealand dairy industry. In the 2001 mega-merger for the New Zealand dairy industry - which formed Fonterra - Tatua shareholders decided to remain independent. Given that New Zealand had over 500 dairy co-operatives in the 1930s, Tatua is unique in that it is the only New Zealand dairy co-operative remaining that has never been part of any merger throughout its history.[2]

Performance

Tatua often records the highest payout for milksolids to the farmer shareholders in New Zealand.[3] While the high level of payout is partly due to a small catchment area (which reduces processing costs), the excellent financial performance of Tatua is increasingly attributed to focusing on value-added milk products rather than traditional, mass-produced, commodity-based milk products such as milk powder, butter and cheese.[4]

See also

Organisational Memberships

  • New Zealand Co-operatives Association (Inc)
  • Dairy Companies Association of New Zealand (DCANZ)

References

  1. "Specialised Dairy Ingredients & Foods Leader". Tatua. Retrieved 17 September 2018.
  2. "Tatua's payout forecast at $7.50". Waikato Times. 25 April 2008. Retrieved 13 October 2010.
  3. "Archived copy" (PDF). Archived from the original (PDF) on 5 February 2009. Retrieved 9 October 2010.CS1 maint: archived copy as title (link)
  4. "Tatua payout highlights benefits of adding value - Tatua Co-operative Dairy Company Ltd". The New Zealand Herald. 27 July 2006. Retrieved 13 October 2010.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.