T&G Global announces multimillion-dollar investment to expand apple business
New Zealand-based apple grower T&G Global has announced big investments in its apple operations, including $100 million for a new state-of-the-art packhouse.
The packhouse, adjacent to T&G’s current Whakatu East site in the Hawke’s Bay, will be one of the largest in the Southern Hemisphere, according to a news release. The new facility, company officials said in the release, will allow T&G to handle bigger volumes of Envy and other premium apple varieties in the years ahead.
Independent forecasting showing an additional 1.9 billion Envy apples will be needed by 2030, Gareth Edgecombe, CEO of T&G Global, said in the release. “The multimillion-dollar investment we are announcing today clearly demonstrates T&G’s commitment to expanding its premium apples’ category well into the future to create value for our growers, consumers and shareholders,” he said in the release.
Substantial investments in orchard development and orchard automation are planned by T&G Global for 2022 and beyond, he said in the release.